Iranian rial - Wikipedia
The rial (Persian: ریال ایران, romanized: riyâl-è Irân; abbreviation: Rl (singular) and Rls (plural) [15][16] or IR[17] in Latin; ISO code: IRR) is the official currency of Iran. It is subdivided into 100 dinars, but due to the rial's low purchasing power the dinar is not practically used.
The Plunge of Iran's Rial, and Its Cruel Impact On the People
Apr 5, 2024 · Iran's economy is facing a severe crisis as its local currency, the rial, continues to plummet in value against the U.S. dollar, causing significant financial distress for the Iranian population....
Iran’s currency hits a record low | AP News - Associated Press News
Mar 24, 2024 · Iran’s currency fell to a record low on Sunday, plunging to 613,500 to the dollar, as its people celebrated the Persian New Year.
Difference between Toman and Rial - Living in Tehran (LiT)
Mar 22, 2022 · What is the difference between toman and rial? Is there two currencies in Iran? How do people spend their money? I need help!
Explainer: Iranian rial's unprecedented nosedive - The New Arab
Jan 9, 2023 · The latest decline in the value of the Iranian rial occurred in December when hopes faded about a potential agreement between Iran and the US, and new sanctions were imposed on Tehran for selling drones to Russia.
Iran's Stability Is Unraveling From the Inside | TIME
Dec 16, 2024 · The Iranian rial has fallen 46 percent in the past year, and is officially the world’s least valuable currency, worth less than the Sierra Leonean Leone or the Laotian Kip. As ordinary Iranians...
Understanding Iranian Money | Toman - Rial - Exchange (2024)
Rial is the official currency of Iran and it is used in all banking systems and transactions. Toman is the unofficial currency, but people use it in their conversations or you can find Toman on the price tags.
Surviving the Rial Plunge: Voices from Iran’s Economic Frontlines
Feb 26, 2024 · In the wake of a dramatic surge in the value of the U.S. dollar against the Iranian rial after the death of three Americans in a drone strike by Iran-backed militants at the end of January 2024, Iranians experienced familiar feelings of shock and trepidation as well as a pervasive sense of uncertainty about the future.
'I can dream it, but I can't afford it': Iranians on their bleak ... - NPR
Feb 15, 2023 · KELLY: Iran's official currency is the rial, but people often refer to prices in tomans. Whichever you're using, what you just heard is, for Iranians, about the worst the exchange rate has...
The Iranian Rial: History, Challenges, and Future Prospects
Jul 15, 2024 · The Iranian Rial, Iran’s official currency, has experienced significant fluctuations and challenges over the years. Understanding its trajectory is crucial for grasping the broader economic landscape of Iran.