Iranian Rial

The Iranian Rial is the currency of Iran (IR)
1 IRR = 0.000 AUD
1 AUD = 27729.222 IRR
1 IRR = 0.020 ARS
1 ARS = 49.537 IRR
1 IRR = 0.068 BIF
1 BIF = 14.705 IRR
1 IRR = 0.000 BHD
1 BHD = 111528.972 IRR
1 IRR = 0.000 BOB
1 BOB = 6085.248 IRR
1 IRR = 0.000 AZN
1 AZN = 24727.941 IRR
1 IRR = 0.002 BTN
1 BTN = 507.963 IRR
1 IRR = 0.012 CRC
1 CRC = 82.199 IRR
1 IRR = 0.001 CZK
1 CZK = 1813.759 IRR
1 IRR = 0.000 CNY
1 CNY = 5854.887 IRR
1 IRR = 0.000 DKK
1 DKK = 6150.779 IRR
1 IRR = 0.001 ETB
1 ETB = 740.618 IRR
1 IRR = 0.204 GNF
1 GNF = 4.892 IRR
1 IRR = 0.000 HRK
1 HRK = 6086.834 IRR
1 IRR = 0.370 IDR
1 IDR = 2.705 IRR
1 IRR = 0.004 JMD
1 JMD = 270.895 IRR
1 IRR = 0.002 KGS
1 KGS = 470.060 IRR
1 IRR = 0.000 BAM
1 BAM = 23505.648 IRR
1 IRR = 0.000 ANG
1 ANG = 23330.836 IRR
1 IRR = 0.000 BWP
1 BWP = 3098.283 IRR
1 IRR = 0.000 BND
1 BND = 31595.265 IRR
1 IRR = 0.066 CDF
1 CDF = 15.152 IRR
1 IRR = 0.000 BZD
1 BZD = 20860.212 IRR
1 IRR = 0.777 BYR
1 BYR = 1.288 IRR
1 IRR = 0.000 BGN
1 BGN = 23496.451 IRR
1 IRR = 0.000 CAD
1 CAD = 31120.447 IRR
1 IRR = 0.003 DZD
1 DZD = 312.663 IRR
1 IRR = 0.000 ERN
1 ERN = 2802.500 IRR
1 IRR = 0.001 EGP
1 EGP = 861.407 IRR
1 IRR = 0.000 FJD
1 FJD = 18828.101 IRR
1 IRR = 0.000 GBP
1 GBP = 53645.262 IRR
1 IRR = 0.000 FKP
1 FKP = 53645.262 IRR
1 IRR = 0.000 GTQ
1 GTQ = 5384.591 IRR
1 IRR = 0.000 HKD
1 HKD = 5372.891 IRR
1 IRR = 0.009 HUF
1 HUF = 115.089 IRR
1 IRR = 0.031 IQD
1 IQD = 32.098 IRR
1 IRR = 1.000 IRR
1 IRR = 1.000 IRR
1 IRR = 0.011 KMF
1 KMF = 93.303 IRR
1 IRR = 0.031 KRW
1 KRW = 32.023 IRR
1 IRR = 0.002 ALL
1 ALL = 442.239 IRR
1 IRR = 0.003 BDT
1 BDT = 383.134 IRR
1 IRR = 0.000 AWG
1 AWG = 23354.167 IRR
1 IRR = 0.000 BRL
1 BRL = 8437.538 IRR
1 IRR = 0.000 BCH
1 BCH = 17980111.206 IRR
1 IRR = 0.000 BTC
1 BTC = 3002678571.429 IRR
1 IRR = 0.000 AED
1 AED = 11445.316 IRR
1 IRR = 0.020 AOA
1 AOA = 50.400 IRR
1 IRR = 0.000 BSD
1 BSD = 42037.500 IRR
1 IRR = 0.023 CLP
1 CLP = 43.623 IRR
1 IRR = 0.000 BYN
1 BYN = 12850.396 IRR
1 IRR = 0.093 COP
1 COP = 10.744 IRR
1 IRR = 0.001 CUP
1 CUP = 1632.524 IRR
1 IRR = 0.000 ETH
1 ETH = 168825301.205 IRR
1 IRR = 0.000 EUR
1 EUR = 45867.430 IRR
1 IRR = 0.001 HNL
1 HNL = 1702.681 IRR
1 IRR = 0.002 GMD
1 GMD = 618.426 IRR
1 IRR = 0.000 GIP
1 GIP = 53645.262 IRR
1 IRR = 0.003 HTG
1 HTG = 317.144 IRR
1 IRR = 0.000 JOD
1 JOD = 59299.619 IRR
1 IRR = 0.004 JPY
1 JPY = 284.422 IRR
1 IRR = 0.002 AFN
1 AFN = 592.745 IRR
1 IRR = 0.000 BBD
1 BBD = 21018.750 IRR
1 IRR = 0.000 BMD
1 BMD = 42037.500 IRR
1 IRR = 0.010 AMD
1 AMD = 104.392 IRR
1 IRR = 0.000 CHF
1 CHF = 47831.850 IRR
1 IRR = 0.004 DJF
1 DJF = 236.126 IRR
1 IRR = 0.001 DOP
1 DOP = 711.451 IRR
1 IRR = 0.002 CVE
1 CVE = 416.956 IRR
1 IRR = 0.000 GEL
1 GEL = 15833.333 IRR
1 IRR = 0.000 GHS
1 GHS = 3279.824 IRR
1 IRR = 0.005 GYD
1 GYD = 200.771 IRR
1 IRR = 0.000 ILS
1 ILS = 11489.423 IRR
1 IRR = 0.002 INR
1 INR = 507.785 IRR
1 IRR = 0.003 ISK
1 ISK = 308.442 IRR
1 IRR = 0.096 KHR
1 KHR = 10.383 IRR
1 IRR = 0.003 KES
1 KES = 302.428 IRR
1 IRR = 0.000 KWD
1 KWD = 136845.275 IRR
1 IRR = 0.011 KZT
1 KZT = 93.698 IRR
1 IRR = 0.007 LKR
1 LKR = 136.885 IRR
1 IRR = 0.000 MAD
1 MAD = 4189.506 IRR
1 IRR = 0.050 MMK
1 MMK = 20.023 IRR
1 IRR = 0.082 MNT
1 MNT = 12.185 IRR
1 IRR = 0.001 MUR
1 MUR = 918.050 IRR
1 IRR = 0.009 MRO
1 MRO = 105.747 IRR
1 IRR = 0.000 MVR
1 MVR = 2729.708 IRR
1 IRR = 0.040 MWK
1 MWK = 24.979 IRR
1 IRR = 0.000 NZD
1 NZD = 25837.431 IRR
1 IRR = 0.003 NPR
1 NPR = 317.480 IRR
1 IRR = 0.001 PHP
1 PHP = 758.635 IRR
1 IRR = 0.007 PKR
1 PKR = 150.629 IRR
1 IRR = 0.031 RWF
1 RWF = 32.761 IRR
1 IRR = 0.000 LTC
1 LTC = 4080518.346 IRR
1 IRR = 0.000 MXN
1 MXN = 2497.030 IRR
1 IRR = 0.001 NIO
1 NIO = 1142.510 IRR
1 IRR = 0.000 RON
1 RON = 9233.937 IRR
1 IRR = 0.021 KPW
1 KPW = 46.708 IRR
1 IRR = 0.000 KYD
1 KYD = 50454.284 IRR
1 IRR = 2.130 LBP
1 LBP = 0.470 IRR
1 IRR = 0.000 LYD
1 LYD = 8748.517 IRR
1 IRR = 0.496 LAK
1 LAK = 2.015 IRR
1 IRR = 0.107 MGA
1 MGA = 9.342 IRR
1 IRR = 0.005 LRD
1 LRD = 219.402 IRR
1 IRR = 0.001 MKD
1 MKD = 744.435 IRR
1 IRR = 0.000 LSL
1 LSL = 2263.610 IRR
1 IRR = 0.000 MOP
1 MOP = 5218.096 IRR
1 IRR = 0.000 MDL
1 MDL = 2395.299 IRR
1 IRR = 0.000 NAD
1 NAD = 2263.610 IRR
1 IRR = 0.000 MYR
1 MYR = 8987.173 IRR
1 IRR = 0.000 OMR
1 OMR = 109196.821 IRR
1 IRR = 0.037 NGN
1 NGN = 26.687 IRR
1 IRR = 0.000 PGK
1 PGK = 11009.192 IRR
1 IRR = 0.000 PAB
1 PAB = 42037.500 IRR
1 IRR = 0.000 PEN
1 PEN = 11392.894 IRR
1 IRR = 0.000 NOK
1 NOK = 3996.720 IRR
1 IRR = 0.000 PLN
1 PLN = 10694.388 IRR
1 IRR = 0.173 PYG
1 PYG = 5.768 IRR
1 IRR = 0.000 QAR
1 QAR = 11529.759 IRR
1 IRR = 0.000 SBD
1 SBD = 4982.990 IRR
1 IRR = 0.000 SAR
1 SAR = 11208.207 IRR
1 IRR = 0.000 SGD
1 SGD = 31538.375 IRR
1 IRR = 0.499 SLL
1 SLL = 2.005 IRR
1 IRR = 0.001 THB
1 THB = 1176.302 IRR
1 IRR = 0.001 TWD
1 TWD = 1335.711 IRR
1 IRR = 0.001 UAH
1 UAH = 1092.053 IRR
1 IRR = 0.093 UGX
1 UGX = 10.759 IRR
1 IRR = 0.001 SRD
1 SRD = 1188.776 IRR
1 IRR = 0.530 STD
1 STD = 1.887 IRR
1 IRR = 0.001 TRY
1 TRY = 1311.622 IRR
1 IRR = 0.000 TTD
1 TTD = 6188.447 IRR
1 IRR = 0.000 TOP
1 TOP = 17803.447 IRR
1 IRR = 0.298 UZS
1 UZS = 3.355 IRR
1 IRR = 0.006 YER
1 YER = 167.948 IRR
1 IRR = 0.000 ZAR
1 ZAR = 2245.593 IRR
1 IRR = 0.003 RSD
1 RSD = 391.301 IRR
1 IRR = 0.002 RUB
1 RUB = 460.312 IRR
1 IRR = 0.014 SOS
1 SOS = 73.571 IRR
1 IRR = 0.000 SVC
1 SVC = 4805.494 IRR
1 IRR = 0.060 SYP
1 SYP = 16.731 IRR
1 IRR = 0.000 SZL
1 SZL = 2264.463 IRR
1 IRR = 0.000 TND
1 TND = 13575.811 IRR
1 IRR = 0.001 UYU
1 UYU = 1082.715 IRR
1 IRR = 0.586 VND
1 VND = 1.705 IRR
1 IRR = 0.003 VUV
1 VUV = 354.089 IRR
1 IRR = 0.000 WST
1 WST = 15013.393 IRR
1 IRR = 0.014 XAF
1 XAF = 69.925 IRR
1 IRR = 0.000 XCD
1 XCD = 15554.466 IRR
1 IRR = 0.000 SCR
1 SCR = 3129.886 IRR
1 IRR = 0.000 SEK
1 SEK = 4100.419 IRR
1 IRR = 0.000 SHP
1 SHP = 53645.262 IRR
1 IRR = 0.061 TZS
1 TZS = 16.489 IRR
1 IRR = 0.000 USD
1 USD = 42037.500 IRR
1 IRR = 0.003 XPF
1 XPF = 384.360 IRR
1 IRR = 0.014 XOF
1 XOF = 69.925 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.