Historic Swiss franc Iranian Rial

Swiss franc iranian rial history for December 2023. The highest quote for this month is 49881.3 (28/12/2023) and the lowest 50450.2 (28/12/2023). The difference between high and low is -1.14.

CHF IRR average rate for December 2023 is 48537.83846, the change between 01/12/2023 and 31/12/2023 is -3.77 %.

01 December 20231 CHF = 48018.70 IRR
02 December 20231 CHF = 48348.10 IRR
03 December 20231 CHF = 48348.10 IRR
04 December 20231 CHF = 48395.50 IRR
05 December 20231 CHF = 48137.00 IRR
06 December 20231 CHF = 48032.10 IRR
07 December 20231 CHF = 48048.30 IRR
08 December 20231 CHF = 47975.90 IRR
10 December 20231 CHF = 47727.30 IRR
11 December 20231 CHF = 47776.30 IRR
12 December 20231 CHF = 47830.50 IRR
13 December 20231 CHF = 47992.90 IRR
14 December 20231 CHF = 48222.10 IRR
15 December 20231 CHF = 48435.60 IRR
18 December 20231 CHF = 48241.90 IRR
19 December 20231 CHF = 48436.80 IRR
20 December 20231 CHF = 48820.20 IRR
21 December 20231 CHF = 48726.90 IRR
22 December 20231 CHF = 49079.10 IRR
23 December 20231 CHF = 49145.80 IRR
24 December 20231 CHF = 49090.10 IRR
25 December 20231 CHF = 49118.80 IRR
26 December 20231 CHF = 49109.50 IRR
27 December 20231 CHF = 49204.50 IRR
28 December 20231 CHF = 49891.40 IRR
29 December 20231 CHF = 49830.40 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.