
The Rial, the official currency of Iran and Yemen, can be a bit confusing due to the two countries sharing the same name.
The Iranian Rial is subdivided into 10,000 smaller units called Rials, or 100,000 smaller units called Dam.
In Yemen, the Rial has been replaced by the Yemeni Rial, which is subdivided into 100 smaller units called Fils.
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Iranian Rial (IRR)
The Iranian Rial, or IRR, is the official currency of Iran. It's used in everyday transactions, just like we use dollars or euros in our daily lives.
One IRR is equivalent to 0.0059 YER, as seen in the currency conversion table. This means that if you were to travel to Yemen, you'd need to exchange your IRR for YER to make purchases or pay for services.
If you have 5 IRR, that's equivalent to 0.0295 YER. This is a useful conversion to know if you're planning a trip to Yemen and need to exchange currency.
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To give you a better idea of the conversion rates, here's a table showing the equivalent values of IRR in YER:
As you can see, the conversion rates vary depending on the amount of IRR you're exchanging. It's always a good idea to check the current exchange rate before making any transactions.
Yemeni Rial (YER) and IRR Pairs
The Yemeni Rial (YER) is a currency used in Yemen, and it's interesting to note that it's also used in Iran as the Iranian Rial (IRR). If you want to convert IRR to YER, you can use the following conversion rates:
The conversion rates show that 1 IRR is equal to 0.0059 YER, and 10000 IRR is equal to 59 YER.
Convert IRR to YER
Converting IRR to YER is a straightforward process. You can use the following exchange rates to make the conversion.
1 IRR is equivalent to 0.0059 YER. This is a basic conversion rate that can be used for small transactions.
For larger transactions, you can use the following exchange rates: 5 IRR = 0.0295 YER, 10 IRR = 0.059 YER, 25 IRR = 0.1475 YER, 50 IRR = 0.295 YER, 100 IRR = 0.59 YER.
If you need to convert a larger amount, you can use the following exchange rates: 250 IRR = 1.475 YER, 500 IRR = 2.95 YER, 1000 IRR = 5.9 YER, 2000 IRR = 11.8 YER, 5000 IRR = 29.5 YER, 10000 IRR = 59 YER.
These exchange rates can be used to make conversions for a variety of purposes, such as business transactions, international travel, or simply understanding the value of the Yemeni Rial.
All YR and IRR pairs
The Yemeni Rial (YER) and Iranian Rial (IRR) pairs have some interesting characteristics. The exchange rate between YER and IRR is not directly related to the exchange rate between YER and USD.
YER is pegged to a basket of currencies, which includes the USD, while IRR is heavily controlled by the Iranian government, making it difficult to predict exchange rates. The exchange rate between YER and IRR can fluctuate rapidly due to various market and economic factors.
One of the key differences between the two pairs is the level of control exerted by the respective governments. The Central Bank of Yemen has more flexibility in setting exchange rates, whereas the Iranian government tightly controls the IRR exchange rate.
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