Although the rial is the official currency. Tensions with the United States persist and Washington on March 8 imposed sanctions on Iranian officials and companies over accusations of serious human rights abuses. The Iranian toman is a superunit of the official currency of Iran, the rial. sanctions in 2018 by then President Donald Trump has harmed Iran's economy by limiting Tehran's oil exports and access to foreign currency. dollar rose as high as 205,000 rials on the street market, up from 193,400 rials three days earlier, according to the foreign exchange. The unrest has posed one of the biggest challenges to theocratic rule in Iran since the 1979 Islamic revolution.įoreign exchange traders say the rial's depreciation stems partly from the unrest, as well as Iran's increased isolation in the face of Western sanctions over its human rights record and Russia's use of Iranian-made drones in Ukraine. 1 United States dollar 0 Iranian rial, 1 Iranian rial 0 United States dollar Further Information US-Dollar - Iranian Rial Currency Table USD / IRR Currency Table IRR / USD. The rial has lost nearly 30% of its value since nationwide protests began in September following the death in police custody of a young Kurdish Iranian woman. In June 1986, the riyal was officially pegged to the US Dollar at a fixed exchange rate of 1 U.S. With annual inflation running at more than 50%, Iranians have been trying to protect the value of their savings by buying foreign currency or gold. Pegged: 1 USD 3.75 SAR The Saudi riyal has been the currency of Saudi Arabia since the country came in to being and was the currency of Hejaz before Saudi Arabia was created. Talks between Iran and world powers to curb Tehran's nuclear programme in exchange for the lifting of sanctions have been stalled since September, worsening Iran's economic prospects. The rial, which had fallen to an historic low of 601,500 per dollar in late February, has rebounded in March as tensions over Iran's nuclear programme appeared to ease with a visit to Tehran by the head of the United Nations nuclear watchdog IAEA. The cost of 1 Iranian Rial in United States Dollars today is 0.000024 according to the Open Exchange Rates, compared to yesterday, the exchange rate increased by 0.06 (by +0.00000001). dollar on the unofficial free market, compared with 477,000 on Friday, according to foreign exchange site. Dollar (42,300.0000 Iranian Rial for every 1. On Saturday, the rial was trading at 447,000 against the U.S. Dollar to Iranian Rial has recorded 4,230,000.0000 Iranian Rial for every 100 U.S. Iran and Saudi Arabia agreed on Friday to re-establish relations after years of hostility that had threatened stability and security in the Gulf and helped fuel conflicts in the Middle East from Yemen to Syria. The last 14 days currency values.DUBAI - The Iranian rial recouped some of its recent losses on Saturday, gaining more than 6% amid prospects of diminished regional tensions after Iran and regional rival Saudi Arabia agreed to resume diplomatic ties. Sending money overseas over £2000? Free Transfers, No Fees! Request a quote today! Exchange Rate History For Converting Iran Rial (IRR) to Dollars (USD) Looking to make a Iran Rial US Dollar international money transfer? Currency UK recommend TorFX as our preferred currency provider. Countries using this currency: American samoa, British indian ocean territory, Ecuador, El salvador, Guam, Haiti, Marshall islands, Northern mariana islands, Palau, Panama, Puerto rico, Timor-leste, Turks and caicos islands, United states, United states minor outlying islands, Virgin islands (british), Virgin islands (u.s.),
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