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Iranian Rial · IRR

symbol · 1 country currently using this currency.

Currency info

Adopted: 1932

Currency family: Other

The Rial's symbol ﷼ is one of the few currency symbols with an Islamic calligraphic design.

  • Adopted in 1932, replacing the Qran at a rate of 1 Rial = 10,000 Qran
  • Pegged to the British pound sterling until 1975, then to the US dollar
  • Experienced significant devaluation following the 1979 Islamic Revolution
  • Subject to multiple currency reforms and redenominations due to persistent inflation
  • Currently one of the world's least valued currencies relative to major global currencies

Countries currently using this currency

Related

Historical predecessor

Qran