Historic Swiss franc Iranian Rial

Swiss franc iranian rial history for October 2023. The highest quote for this month is 47040.5 (20/10/2023) and the lowest 47253.1 (24/10/2023). The difference between high and low is -0.45.

CHF IRR average rate for October 2023 is 46498.844, the change between 01/10/2023 and 31/10/2023 is -1.43 %.

01 October 20231 CHF = 45931.80 IRR
02 October 20231 CHF = 45877.60 IRR
03 October 20231 CHF = 45783.90 IRR
04 October 20231 CHF = 45604.10 IRR
05 October 20231 CHF = 45848.30 IRR
06 October 20231 CHF = 46050.30 IRR
09 October 20231 CHF = 46247.40 IRR
10 October 20231 CHF = 46444.70 IRR
11 October 20231 CHF = 46459.60 IRR
12 October 20231 CHF = 46615.40 IRR
13 October 20231 CHF = 46264.70 IRR
16 October 20231 CHF = 46565.60 IRR
17 October 20231 CHF = 46642.30 IRR
18 October 20231 CHF = 46661.00 IRR
19 October 20231 CHF = 46768.80 IRR
20 October 20231 CHF = 47124.30 IRR
22 October 20231 CHF = 47042.50 IRR
23 October 20231 CHF = 47021.90 IRR
24 October 20231 CHF = 47159.20 IRR
25 October 20231 CHF = 47029.30 IRR
26 October 20231 CHF = 46838.40 IRR
27 October 20231 CHF = 46727.40 IRR
29 October 20231 CHF = 46604.50 IRR
30 October 20231 CHF = 46570.30 IRR
31 October 20231 CHF = 46587.80 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.