Historic Arab Emirates Dirham Iranian Rial

Arab Emirates Dirham iranian rial history for February 2024. The highest quote for this month is 11442.8 (28/02/2024) and the lowest 11444.7 (05/02/2024). The difference between high and low is -0.02.

AED IRR average rate for February 2024 is 11438.63704, the change between 01/02/2024 and 29/02/2024 is -0.02 %.

01 February 20241 AED = 11442.00 IRR
02 February 20241 AED = 11437.90 IRR
03 February 20241 AED = 11435.70 IRR
04 February 20241 AED = 11436.80 IRR
05 February 20241 AED = 11444.70 IRR
06 February 20241 AED = 11437.90 IRR
07 February 20241 AED = 11440.60 IRR
08 February 20241 AED = 11437.90 IRR
09 February 20241 AED = 11442.00 IRR
12 February 20241 AED = 11436.20 IRR
13 February 20241 AED = 11438.20 IRR
14 February 20241 AED = 11439.60 IRR
15 February 20241 AED = 11438.20 IRR
16 February 20241 AED = 11439.60 IRR
17 February 20241 AED = 11435.70 IRR
18 February 20241 AED = 11437.00 IRR
19 February 20241 AED = 11437.00 IRR
20 February 20241 AED = 11438.20 IRR
21 February 20241 AED = 11439.80 IRR
22 February 20241 AED = 11442.00 IRR
23 February 20241 AED = 11436.50 IRR
24 February 20241 AED = 11435.40 IRR
25 February 20241 AED = 11436.20 IRR
26 February 20241 AED = 11437.60 IRR
27 February 20241 AED = 11437.90 IRR
28 February 20241 AED = 11437.90 IRR
29 February 20241 AED = 11444.70 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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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).

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

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.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.

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.

01/04/1932: Introduction of the Iranian Rial

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