United States dollar iranian rial history for July 2023. The highest quote for this month is 42100 (31/07/2023) and the lowest 42100 (31/07/2023). The difference between high and low is 0.
USD IRR average rate for July 2023 is 42048.33333, the change between 01/07/2023 and 31/07/2023 is -0.19 %.
| 05 July 2023 | 1 USD = 42020.00 IRR |
| 25 July 2023 | 1 USD = 42025.00 IRR |
| 31 July 2023 | 1 USD = 42100.00 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.
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).
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.
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.