Usd to Iranian Rials Current and Historical Rates

The US dollar to Iranian rial exchange rate is a crucial piece of information for anyone traveling to or doing business in Iran.

The current exchange rate is around 122,000 rials to the dollar, although this can fluctuate depending on various market and economic factors.

As of 2022, the Iranian government has implemented a new currency exchange system, which has led to a significant increase in the value of the rial.

With the current exchange rate, $100 can buy you around 12.2 million rials, a staggering amount that can go a long way in Iran.

The Iranian rial, or IRR, is a currency that's a bit tricky to wrap your head around. One Iranian rial is made up of 100 dinars, but dinars are essentially worthless.

As of December 2023, one U.S. dollar is worth roughly 42,023 IRR. This is a big deal, especially if you're planning a trip to Iran or doing business with the country.

The rial has a long history, dating back to 1798. But it wasn't until 1932 that the rial was reintroduced, replacing a currency called the qiran that was used from 1825 to 1932.

Banknotes of the Iranian rial are issued in denominations ranging from 100 to 100,000 rials.

The Iranian Rial exchange rate is a crucial aspect to consider when converting USD to Iranian Rials. The best way to calculate the Iranian rial exchange rate is to use a currency converter, such as the one found on XE.com.

To get the most up-to-date exchange rate, you can visit XE.com and choose the Iranian Rial as the currency you want to convert. This will give you the current exchange rate.

The Iranian Rial to US Dollar exchange rate is extremely low, with the lowest point in the last year being 0.00002367 US Dollars per Iranian Rial on December 16, 2024.

Here are the exchange rates for 1,000 to 50,000,000 Iranian Rials in US Dollars:

The exchange rate can also be viewed by year, with the lowest point in 2024 being 0.00002367 US Dollars per Iranian Rial on December 16, 2024.

You can use a currency converter like XE.com to find the current exchange rate between the US dollar and the Iranian rial. The exchange rate is constantly changing, so it's a good idea to check it regularly.

To convert US dollars to Iranian rials, you can use a currency converter or simply multiply the amount of US dollars you want to convert by the exchange rate. For example, as of January 16, 2025, 1 US dollar is equivalent to 42,087 Iranian rials.

The exchange rate can also be expressed in reverse, with 1 Iranian rial being equivalent to 0.00002376 US dollars. This is the rate you'll get if you use a currency converter like the one on XE.com.

Here are some examples of how to convert different amounts of US dollars to Iranian rials:

The Iranian Rial (IRR) is not easily exchanged for U.S. dollars due to frosty relations between the two nations.

The IRR exchange rate has fluctuated between about 1,750 IRR to one U.S. dollar to as high as 44,070 IRR to one U.S. dollar since the early 2000s.

Price controls, subsidies, and rigid government policies weigh down the economy, and corruption is widespread, making the IRR a non-convertible currency.

For offshore investors, this means they must use a financial instrument called a non-deliverable forward (NDF) to engage in trade with nations like Iran.

An NDF has no physical exchange in the local currency, and the net of the cash flows is settled in a convertible currency, usually the U.S. dollar.

NDFs are cash-settled and usually structured as short-term forward currency contracts.

The Iranian Rial exchange rate can be a bit tricky to navigate, but don't worry, we've got you covered. You can use a currency converter like XE.com to find the current exchange rate.

To find the best IRR to USD exchange rate today, you can check the current rate, which is 0.00002376 USD as of January 16, 2025 02:00 PM UTC.

If you want to convert US dollars to Iranian rial, you can simply type in the amount you want to convert, select USD as the currency to convert from, and IRR as the currency to convert to. Our currency converter will show you the current rate and how it's changed over the past day, week, or month.

The IRR to USD exchange rate has fluctuated over the past year, with the highest rate reaching 0.00002379 US Dollars per Iranian Rial on February 7, 2024, and the lowest rate dipping to 0.00002367 US Dollars per Iranian Rial on December 16, 2024.

Here's a list of conversion rates from IRR to USD:

You can also check the volatility of the exchange rate, which has been +0.39% over the past 30 days and +0.04% over the past 90 days.