Historic Philippine peso Iranian Rial

Philippine peso iranian rial history for February 2024. The highest quote for this month is 751.65 (03/02/2024) and the lowest 773.41 (27/02/2024). The difference between high and low is -2.89.

PHP IRR average rate for February 2024 is 750.47556, the change between 01/02/2024 and 29/02/2024 is +0.18 %.

01 February 20241 PHP = 749.0 IRR
02 February 20241 PHP = 751.0 IRR
03 February 20241 PHP = 751.2 IRR
04 February 20241 PHP = 751.2 IRR
05 February 20241 PHP = 748.3 IRR
06 February 20241 PHP = 746.0 IRR
07 February 20241 PHP = 748.5 IRR
08 February 20241 PHP = 750.7 IRR
09 February 20241 PHP = 750.7 IRR
12 February 20241 PHP = 751.8 IRR
13 February 20241 PHP = 751.5 IRR
14 February 20241 PHP = 749.8 IRR
15 February 20241 PHP = 749.5 IRR
16 February 20241 PHP = 752.5 IRR
17 February 20241 PHP = 750.7 IRR
18 February 20241 PHP = 750.7 IRR
19 February 20241 PHP = 750.5 IRR
20 February 20241 PHP = 750.0 IRR
21 February 20241 PHP = 752.3 IRR
22 February 20241 PHP = 752.7 IRR
23 February 20241 PHP = 753.3 IRR
24 February 20241 PHP = 751.5 IRR
25 February 20241 PHP = 751.5 IRR
26 February 20241 PHP = 751.9 IRR
27 February 20241 PHP = 749.6 IRR
28 February 20241 PHP = 749.0 IRR
29 February 20241 PHP = 747.6 IRR

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.

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).

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.

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.

11/09/1970: Introduction of the New Peso

The New Central Bank Act is enacted, leading to the introduction of a new currency called the New Peso, with a conversion rate of 1 New Peso to 2 old pesos.

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.

04/07/1949: Central Bank of the Philippines

The Central Bank of the Philippines is established with the task of issuing and managing the Philippine currency.

20/10/1944: Introduction of the Philippine Liberation Peso

The United States-issued Philippine Liberation Peso is introduced to replace the Japanese-issued currency, serving as a transitional currency.

02/01/1942: Japanese Occupation

During World War II, the Japanese forces occupy the Philippines and introduce the Japanese-issued Philippine peso, known as Mickey Mouse money.

24/12/1933: Introduction of the Commonwealth Peso

The Commonwealth Act No. 265 is passed, creating a new Philippine currency called the Commonwealth Peso to replace the previous Peso.

01/04/1932: Introduction of the Iranian Rial

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

12/06/1898: Philippine Independence

The Philippines declares independence from Spanish rule, leading to the establishment of the First Philippine Republic and the issuance of new currency.

01/05/1852: Introduction of the Peso

The Spanish colonial government issues the first official currency of the Philippines, known as the Peso, with a conversion rate of 2 Spanish reales to 1 Peso.
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