Historic Iranian Rial Japanese Yen

Iranian Rial japanese yen history for February 2024. The highest quote for this month is 0.003591 (26/02/2024) and the lowest 0.003582 (24/02/2024). The difference between high and low is 0.25.

IRR JPY average rate for February 2024 is 0.00356, the change between 01/02/2024 and 29/02/2024 is -2.46 %.

01 February 20241 IRR = 0.0035 JPY
02 February 20241 IRR = 0.0035 JPY
04 February 20241 IRR = 0.0035 JPY
05 February 20241 IRR = 0.0035 JPY
06 February 20241 IRR = 0.0035 JPY
07 February 20241 IRR = 0.0035 JPY
08 February 20241 IRR = 0.0035 JPY
09 February 20241 IRR = 0.0036 JPY
12 February 20241 IRR = 0.0036 JPY
13 February 20241 IRR = 0.0036 JPY
14 February 20241 IRR = 0.0036 JPY
15 February 20241 IRR = 0.0036 JPY
16 February 20241 IRR = 0.0036 JPY
17 February 20241 IRR = 0.0036 JPY
18 February 20241 IRR = 0.0036 JPY
19 February 20241 IRR = 0.0036 JPY
20 February 20241 IRR = 0.0036 JPY
21 February 20241 IRR = 0.0036 JPY
22 February 20241 IRR = 0.0036 JPY
23 February 20241 IRR = 0.0036 JPY
24 February 20241 IRR = 0.0036 JPY
25 February 20241 IRR = 0.0036 JPY
26 February 20241 IRR = 0.0036 JPY
27 February 20241 IRR = 0.0036 JPY
28 February 20241 IRR = 0.0036 JPY
29 February 20241 IRR = 0.0036 JPY

23/02/2020: COVID-19 Pandemic's Impact on the Iranian Rial

The COVID-19 pandemic, along with economic challenges, caused further depreciation of the Iranian Rial (IRR) against major currencies.

10/04/2018: Revaluation of the Iranian Rial

Iran's government announced a new currency exchange rate, devaluing the Iranian Rial (IRR) against foreign currencies.

28/07/2016: Bank of Japan announces stimulus package

The Bank of Japan announced an aggressive stimulus package and negative interest rates, causing the Yen to depreciate against major currencies.

24/09/2012: Imposition of International Sanctions on Iran

International sanctions were imposed on Iran, leading to a significant decline in the value of the Iranian Rial (IRR).

11/03/2011: Great East Japan Earthquake

The Tohoku earthquake and tsunami devastated Japan, leading to a decline in the Yen as reconstruction efforts strained the economy.

15/09/2008: Lehman Brothers bankruptcy

The bankruptcy of Lehman Brothers triggered a global financial crisis, resulting in a surge in the value of the Yen as investors sought safe-haven assets.

20/03/1995: Kobe earthquake

The Great Hanshin earthquake struck Kobe, causing significant damage to the Japanese economy and leading to a decline in the value of the Yen.

24/05/1989: Introduction of the Two-Tier Exchange Rate System

Iran implemented a two-tier exchange rate system, with different rates for essential goods and non-essential imports.

22/09/1985: Plaza Accord

Japan, along with major economies, agreed to depreciate the value of the US dollar, leading to the appreciation of the Yen.

26/10/1975: Floating of the Iranian Rial

The Iranian Rial (IRR) was allowed to float against foreign currencies, marking the end of the fixed exchange rate system.

01/03/1973: Yen becomes a floating currency

The Yen lost its fixed exchange rate and started floating against major currencies following the collapse of the Bretton Woods system.

01/09/1957: Decimalization of the Iranian Rial

The Iranian Rial (IRR) was decimalized, dividing one Toman into 10 Rials to simplify the currency system.

15/12/1953: Yen is introduced

The Japanese Yen was first introduced as the official currency of Japan with the enactment of the Bank of Japan Act.

01/04/1932: Introduction of the Iranian Rial

The Iranian Rial (IRR) was introduced as the official currency of Iran after replacing the Qiran.
IRR JPY July 2023
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