Historic Swiss franc Iranian Rial

Swiss franc iranian rial history for January 2024. The highest quote for this month is 49887.2 (01/01/2024) and the lowest 49954.9 (01/01/2024). The difference between high and low is -0.14.

CHF IRR average rate for January 2024 is 49017.46, the change between 01/01/2024 and 31/01/2024 is +2.45 %.

01 January 20241 CHF = 49954.90 IRR
02 January 20241 CHF = 49887.80 IRR
03 January 20241 CHF = 49404.80 IRR
04 January 20241 CHF = 49475.80 IRR
05 January 20241 CHF = 49441.20 IRR
08 January 20241 CHF = 49369.40 IRR
09 January 20241 CHF = 49534.10 IRR
10 January 20241 CHF = 49274.40 IRR
11 January 20241 CHF = 49382.70 IRR
12 January 20241 CHF = 49353.10 IRR
14 January 20241 CHF = 49365.30 IRR
15 January 20241 CHF = 49219.50 IRR
16 January 20241 CHF = 49066.60 IRR
17 January 20241 CHF = 48763.50 IRR
18 January 20241 CHF = 48621.90 IRR
19 January 20241 CHF = 48382.60 IRR
22 January 20241 CHF = 48360.40 IRR
23 January 20241 CHF = 48353.50 IRR
24 January 20241 CHF = 48326.80 IRR
25 January 20241 CHF = 48695.30 IRR
26 January 20241 CHF = 48448.50 IRR
28 January 20241 CHF = 48628.00 IRR
29 January 20241 CHF = 48603.20 IRR
30 January 20241 CHF = 48791.40 IRR
31 January 20241 CHF = 48731.80 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.
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