IRR (﷼)

Currency: Iranian rial

The Iranian rial is the official currency of Iran. One US dollar is worth around 42,000.00 IRR. The Iranian rial (IRR) is the currency of Iran, which is situated in South Asia and the Middle East. It was first introduced in 1798, replacing the toman. The rial is subdivided into 100 dinar. The Central Bank of Iran is responsible for issuing and managing the currency. The rial is widely used throughout the country and is accepted at most major businesses, including hotels, restaurants, and shops. The currency has experienced significant fluctuations in recent years, due in part to political instability and economic sanctions. Despite these challenges, the rial remains an important currency in the region.