Swiss franc iranian rial exchange rate history (CHF IRR) August 2023

Swiss franc iranian rial history for August 2023. The highest quote for this month is 47906.5 (07/08/2023) and the lowest 48310.3 (10/08/2023). The difference between high and low is -0.84.

CHF IRR average rate for August 2023 is 47865.22917, the change between 01/08/2023 and 31/08/2023 is +0.68 %.

01 August 2023	1 CHF = 48184.50 IRR
02 August 2023	1 CHF = 48144.20 IRR
03 August 2023	1 CHF = 47873.60 IRR
04 August 2023	1 CHF = 48071.40 IRR
07 August 2023	1 CHF = 48075.30 IRR
08 August 2023	1 CHF = 48155.20 IRR
09 August 2023	1 CHF = 47995.70 IRR
10 August 2023	1 CHF = 47935.40 IRR
11 August 2023	1 CHF = 47930.50 IRR
12 August 2023	1 CHF = 47896.00 IRR
14 August 2023	1 CHF = 47939.80 IRR
15 August 2023	1 CHF = 47865.60 IRR
16 August 2023	1 CHF = 47830.70 IRR
17 August 2023	1 CHF = 47719.70 IRR
18 August 2023	1 CHF = 47851.40 IRR
21 August 2023	1 CHF = 47632.80 IRR
22 August 2023	1 CHF = 47810.80 IRR
23 August 2023	1 CHF = 47738.10 IRR
24 August 2023	1 CHF = 47896.70 IRR
25 August 2023	1 CHF = 47480.50 IRR
28 August 2023	1 CHF = 47500.40 IRR
29 August 2023	1 CHF = 47566.50 IRR
30 August 2023	1 CHF = 47812.20 IRR
31 August 2023	1 CHF = 47858.50 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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

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).

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

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.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

01/04/1932: Introduction of the Iranian Rial

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

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.

Historic Swiss franc Iranian Rial