Iranian Rial

The Iranian Rial is the currency of Iran (IR)
1 IRR = 0.000 AUD
1 AUD = 27948.667 IRR
1 IRR = 0.009 ARS
1 ARS = 117.172 IRR
1 IRR = 0.067 BIF
1 BIF = 14.843 IRR
1 IRR = 0.000 BHD
1 BHD = 112110.598 IRR
1 IRR = 0.000 BOB
1 BOB = 6109.553 IRR
1 IRR = 0.000 AZN
1 AZN = 24852.941 IRR
1 IRR = 0.002 BTN
1 BTN = 506.237 IRR
1 IRR = 0.013 CRC
1 CRC = 79.685 IRR
1 IRR = 0.001 CZK
1 CZK = 1895.044 IRR
1 IRR = 0.000 CNY
1 CNY = 5967.008 IRR
1 IRR = 0.000 DKK
1 DKK = 6180.786 IRR
1 IRR = 0.001 ETB
1 ETB = 751.552 IRR
1 IRR = 0.204 GNF
1 GNF = 4.910 IRR
1 IRR = 0.000 HRK
1 HRK = 6116.894 IRR
1 IRR = 0.368 IDR
1 IDR = 2.719 IRR
1 IRR = 0.004 JMD
1 JMD = 271.460 IRR
1 IRR = 0.002 KGS
1 KGS = 473.846 IRR
1 IRR = 0.000 BAM
1 BAM = 23562.545 IRR
1 IRR = 0.000 ANG
1 ANG = 23424.073 IRR
1 IRR = 0.000 BWP
1 BWP = 3107.075 IRR
1 IRR = 0.000 BND
1 BND = 31579.341 IRR
1 IRR = 0.064 CDF
1 CDF = 15.506 IRR
1 IRR = 0.000 BZD
1 BZD = 20943.836 IRR
1 IRR = 0.780 BYR
1 BYR = 1.282 IRR
1 IRR = 0.000 BGN
1 BGN = 23565.174 IRR
1 IRR = 0.000 CAD
1 CAD = 31196.928 IRR
1 IRR = 0.003 DZD
1 DZD = 314.010 IRR
1 IRR = 0.000 ERN
1 ERN = 2816.667 IRR
1 IRR = 0.001 EGP
1 EGP = 1367.314 IRR
1 IRR = 0.000 FJD
1 FJD = 18952.988 IRR
1 IRR = 0.000 GBP
1 GBP = 53435.018 IRR
1 IRR = 0.000 FKP
1 FKP = 53435.018 IRR
1 IRR = 0.000 GTQ
1 GTQ = 5394.880 IRR
1 IRR = 0.000 HKD
1 HKD = 5407.931 IRR
1 IRR = 0.008 HUF
1 HUF = 121.272 IRR
1 IRR = 0.031 IQD
1 IQD = 32.250 IRR
1 IRR = 1.000 IRR
1 IRR = 1.000 IRR
1 IRR = 0.011 KMF
1 KMF = 94.178 IRR
1 IRR = 0.031 KRW
1 KRW = 32.411 IRR
1 IRR = 0.002 ALL
1 ALL = 454.047 IRR
1 IRR = 0.003 BDT
1 BDT = 382.907 IRR
1 IRR = 0.000 AWG
1 AWG = 23472.222 IRR
1 IRR = 0.000 BRL
1 BRL = 8579.377 IRR
1 IRR = 0.000 BCH
1 BCH = 9439231.457 IRR
1 IRR = 0.000 BTC
1 BTC = 1625000000.000 IRR
1 IRR = 0.000 AED
1 AED = 11504.738 IRR
1 IRR = 0.020 AOA
1 AOA = 51.040 IRR
1 IRR = 0.000 BSD
1 BSD = 42250.000 IRR
1 IRR = 0.021 CLP
1 CLP = 48.524 IRR
1 IRR = 0.000 BYN
1 BYN = 12813.514 IRR
1 IRR = 0.095 COP
1 COP = 10.575 IRR
1 IRR = 0.001 CUP
1 CUP = 1640.777 IRR
1 IRR = 0.000 ETH
1 ETH = 88389121.339 IRR
1 IRR = 0.000 EUR
1 EUR = 46084.206 IRR
1 IRR = 0.001 HNL
1 HNL = 1710.319 IRR
1 IRR = 0.002 GMD
1 GMD = 627.786 IRR
1 IRR = 0.000 GIP
1 GIP = 53435.018 IRR
1 IRR = 0.003 HTG
1 HTG = 318.820 IRR
1 IRR = 0.000 JOD
1 JOD = 59557.372 IRR
1 IRR = 0.004 JPY
1 JPY = 285.492 IRR
1 IRR = 0.002 AFN
1 AFN = 607.468 IRR
1 IRR = 0.000 BBD
1 BBD = 21125.000 IRR
1 IRR = 0.000 BMD
1 BMD = 42250.000 IRR
1 IRR = 0.010 AMD
1 AMD = 104.878 IRR
1 IRR = 0.000 CHF
1 CHF = 48324.927 IRR
1 IRR = 0.004 DJF
1 DJF = 237.093 IRR
1 IRR = 0.001 DOP
1 DOP = 743.184 IRR
1 IRR = 0.002 CVE
1 CVE = 418.234 IRR
1 IRR = 0.000 GEL
1 GEL = 15619.224 IRR
1 IRR = 0.000 GHS
1 GHS = 3520.833 IRR
1 IRR = 0.005 GYD
1 GYD = 201.786 IRR
1 IRR = 0.000 ILS
1 ILS = 11348.985 IRR
1 IRR = 0.002 INR
1 INR = 507.209 IRR
1 IRR = 0.003 ISK
1 ISK = 305.253 IRR
1 IRR = 0.098 KHR
1 KHR = 10.255 IRR
1 IRR = 0.004 KES
1 KES = 275.603 IRR
1 IRR = 0.000 KWD
1 KWD = 136828.810 IRR
1 IRR = 0.011 KZT
1 KZT = 91.874 IRR
1 IRR = 0.008 LKR
1 LKR = 128.642 IRR
1 IRR = 0.000 MAD
1 MAD = 4191.052 IRR
1 IRR = 0.050 MMK
1 MMK = 20.102 IRR
1 IRR = 0.082 MNT
1 MNT = 12.246 IRR
1 IRR = 0.001 MUR
1 MUR = 958.050 IRR
1 IRR = 0.009 MRO
1 MRO = 105.562 IRR
1 IRR = 0.000 MVR
1 MVR = 2752.443 IRR
1 IRR = 0.040 MWK
1 MWK = 25.079 IRR
1 IRR = 0.000 NZD
1 NZD = 26112.485 IRR
1 IRR = 0.003 NPR
1 NPR = 316.385 IRR
1 IRR = 0.001 PHP
1 PHP = 761.604 IRR
1 IRR = 0.007 PKR
1 PKR = 148.126 IRR
1 IRR = 0.029 RWF
1 RWF = 34.007 IRR
1 IRR = 0.000 LTC
1 LTC = 2958062.032 IRR
1 IRR = 0.000 MXN
1 MXN = 2432.215 IRR
1 IRR = 0.001 NIO
1 NIO = 1153.489 IRR
1 IRR = 0.000 RON
1 RON = 9271.044 IRR
1 IRR = 0.021 KPW
1 KPW = 46.944 IRR
1 IRR = 0.000 KYD
1 KYD = 50657.043 IRR
1 IRR = 0.356 LBP
1 LBP = 2.809 IRR
1 IRR = 0.000 LYD
1 LYD = 8804.468 IRR
1 IRR = 0.490 LAK
1 LAK = 2.041 IRR
1 IRR = 0.108 MGA
1 MGA = 9.298 IRR
1 IRR = 0.004 LRD
1 LRD = 224.674 IRR
1 IRR = 0.001 MKD
1 MKD = 747.880 IRR
1 IRR = 0.000 LSL
1 LSL = 2234.149 IRR
1 IRR = 0.000 MOP
1 MOP = 5247.926 IRR
1 IRR = 0.000 MDL
1 MDL = 2378.272 IRR
1 IRR = 0.000 NAD
1 NAD = 2258.151 IRR
1 IRR = 0.000 MYR
1 MYR = 9040.334 IRR
1 IRR = 0.000 OMR
1 OMR = 109740.260 IRR
1 IRR = 0.019 NGN
1 NGN = 53.472 IRR
1 IRR = 0.000 PGK
1 PGK = 11174.293 IRR
1 IRR = 0.000 PAB
1 PAB = 42250.000 IRR
1 IRR = 0.000 PEN
1 PEN = 11318.581 IRR
1 IRR = 0.000 NOK
1 NOK = 3917.478 IRR
1 IRR = 0.000 PLN
1 PLN = 10586.054 IRR
1 IRR = 0.176 PYG
1 PYG = 5.681 IRR
1 IRR = 0.000 QAR
1 QAR = 11580.419 IRR
1 IRR = 0.000 SBD
1 SBD = 4985.133 IRR
1 IRR = 0.000 SAR
1 SAR = 11262.162 IRR
1 IRR = 0.000 SGD
1 SGD = 31614.786 IRR
1 IRR = 0.496 SLL
1 SLL = 2.015 IRR
1 IRR = 0.001 THB
1 THB = 1196.952 IRR
1 IRR = 0.001 TWD
1 TWD = 1347.730 IRR
1 IRR = 0.001 UAH
1 UAH = 1161.289 IRR
1 IRR = 0.090 UGX
1 UGX = 11.059 IRR
1 IRR = 0.001 SRD
1 SRD = 1114.658 IRR
1 IRR = 0.527 STD
1 STD = 1.896 IRR
1 IRR = 0.001 TRY
1 TRY = 1462.191 IRR
1 IRR = 0.000 TTD
1 TTD = 6222.294 IRR
1 IRR = 0.000 TOP
1 TOP = 17937.505 IRR
1 IRR = 0.291 UZS
1 UZS = 3.438 IRR
1 IRR = 0.006 YER
1 YER = 168.777 IRR
1 IRR = 0.000 ZAR
1 ZAR = 2244.833 IRR
1 IRR = 0.003 RSD
1 RSD = 393.023 IRR
1 IRR = 0.002 RUB
1 RUB = 469.575 IRR
1 IRR = 0.014 SOS
1 SOS = 73.862 IRR
1 IRR = 0.000 SVC
1 SVC = 4824.381 IRR
1 IRR = 0.059 SYP
1 SYP = 16.816 IRR
1 IRR = 0.000 SZL
1 SZL = 2235.805 IRR
1 IRR = 0.000 TND
1 TND = 13638.711 IRR
1 IRR = 0.001 UYU
1 UYU = 1080.369 IRR
1 IRR = 0.575 VND
1 VND = 1.739 IRR
1 IRR = 0.003 VUV
1 VUV = 355.879 IRR
1 IRR = 0.000 WST
1 WST = 15089.286 IRR
1 IRR = 0.014 XAF
1 XAF = 70.257 IRR
1 IRR = 0.000 XCD
1 XCD = 15633.094 IRR
1 IRR = 0.000 SCR
1 SCR = 3196.399 IRR
1 IRR = 0.000 SEK
1 SEK = 4034.183 IRR
1 IRR = 0.000 SHP
1 SHP = 53435.018 IRR
1 IRR = 0.059 TZS
1 TZS = 16.866 IRR
1 IRR = 0.000 USD
1 USD = 42250.000 IRR
1 IRR = 0.003 XPF
1 XPF = 386.197 IRR
1 IRR = 0.014 XOF
1 XOF = 70.257 IRR

Evolution of the IRR Exchange Rate

The Iranian Rial (IRR) exchange rate has experienced significant fluctuations over the years. In recent history, the exchange rate has witnessed periods of stability as well as severe devaluations. This volatility is mainly attributed to political and economic factors, such as international sanctions, inflation, and government policies.

Variations in the IRR Exchange Rate

The IRR exchange rate has seen both gradual depreciations and sudden drops. For example, in 2018, due to the re-imposition of U.S. sanctions, the IRR depreciated significantly against major currencies, leading to a sharp increase in inflation. In response, the Iranian government implemented various measures to stabilize the exchange rate, including unifying the official and parallel exchange rates.

Significance of IRR in the Global Economy

The Iranian Rial, while not a major global currency, holds importance in the Middle East region. Iran is an oil-rich country, and fluctuations in the IRR exchange rate can impact oil prices and regional trade. Additionally, fluctuations in the IRR can affect countries that have economic ties with Iran, as well as Iranian individuals and businesses engaged in international trade.

Shocks Experienced by IRR and Correlation with Other Currencies

The IRR has been subjected to various shocks, particularly due to international sanctions and geopolitical tensions. These shocks have led to sharp depreciations and increased volatility in the exchange rate. The correlation of the IRR with other currencies is influenced by global economic factors, such as oil prices, political developments, and global market sentiment. Major currencies like the U.S. Dollar and the Euro often have an inverse correlation with the IRR, meaning as the IRR depreciates, these currencies tend to strengthen against it.