“I told you a week ago that you would be seeing them [the lower notes] very soon.”Did not happen
Promoters / Frank26
Frank26: Claims and Counterpoints.
Who is Frank26?
“I'm not a wealth adviser.” (Frank26, on stream, May 15, 2024)
He has run KTFA (“Keep The Faith Always”) since 2008: a forum and a YouTube channel of regular livestreams about the dinar. He uses those streams to promote products he sells on ktfalways.com, about 20 in all, from dinar and other currencies to gold, supplements, air purifiers and pillows. Background in biology and respiratory therapy, per his website. No finance credentials listed.
Value of one Iraqi dinarIn US dollars
Predicted on stream, 2024–2025$3.22
Official value today$0.00066
4,860× apart
Official rate to banks, Oct 7, 2026: 1,510 per dollar.
Frank26 Scorecard: Predictions vs. Results
Checkable predictions in his own words, latest first. These are word for word quotes from his YouTube livestreams.
Across all of them, he named zero verifiable sources: not one central bank, not one official document. Last checked October 7, 2026.
“They are moving forward with the new exchange rate by lifting the three zeros.”Did not happen
“I wanted it to happen on the 1st of this year. It should have happened by now.”Did not happen
“The moment that your new government is announced with your new exchange rate, that ends.”Did not happen
“What they're going to do very soon: lifting the zeros.”Did not happen
“This [reinstatement] is going to give us $3.22.”Did not happen
“There's nothing holding up the RI [reinstatement] from coming out. I still stand by it.”Did not happen
“Next week Sudani, in my opinion, will give Parliament the budget with the new exchange rate.”Did not happen
“This high-tech currency that is going to be coming out pretty soon, the lower notes.”Did not happen
“They can come out at $3.22 with no problem.”Did not happen
“Between $3.86 and $4.25 would be a good place to cap it.”Did not happen
“It looks like they have told them … of a day when they want to release the new exchange rate [and] the lower notes.”Did not happen
“They are talking to you about the lower notes because they are about to show them to you … it is either next week or the week after.”Did not happen
“Your bank friend tells you that the next rate change that you should look for is [1,190], and I think that it might be one thousand.”Did not happen
14 predictions. None came true.
The dinar is one of about 20 products on his site.
- Foreign currencies
- Gold and silver
- Supplements from 7 companies
- Stem-cell patches
- Air purifiers
- Pillows
- Emergency food supplies
- Asset-protection trusts
- A financial professional
- A forex alert tool
- Computer repair
- $10/month premium membership
- Donations
What his currency costs you
Frank sells dinar through ktfalways.com at prices far above what a typical dealer charges. Typical dealer markups are 25–30% (Corporate Finance Institute).
His markups run from about 95% to 187% over official value, plus up to about 130% over the typical dealer rate.
For example: 100,000 Iraqi dinar at $190, about 187% over official value, plus about 130% over the typical dealer rate.
For comparison: typical dinar dealer markups are about 25–30% (Corporate Finance Institute).
| Currency | Price | Estimated markup over typical dealer |
|---|---|---|
| 1,000,000 Iraqi dinar | $1,290 | about 56% |
| 100,000 Iraqi dinar | $190 | about 130% |
The fine print on his order form
- “Funds paid are not refundable.”
- On layaway, the 10% down payment is returned only in dinars, never in dollars.
- Layaway carries a non-refundable $25 fee.
Prices from his order form, captured October 6, 2026. Values use the official rate to banks of 1,510 dinars per dollar, checked October 7, 2026. View the archived order form
About “lifting the zeros”
His newest promise: remove three zeros and holders get rich. Officials say 1,000 old dinars become 1 new dinar — no change in purchasing power.
Check it yourself
Check the official rate on the Central Bank of Iraq's website directly, not on a YouTube stream.
Sources
- Central Bank of Iraq devaluation, October 7, 2026: official rate 1,510 IQD per USD to banks and 1,520 to the public (Iraqi News Agency, quoting the CBI statement)