|Date||Rate (in INR)|
Iranian Rial is the official currency of the Islamic Republic of Iran. The currency is issued and circulated by the Central Bank of the Islamic Republic of Iran. The Iranian Rial is part of another unit that is widely used in Iran called the Toman. One Toman is equal to 10 Rials. The Iranian rial is represented by the symbol ﷼ and by the abbreviation IRR. The banknotes from 100 to 100,000 rials. The coins range from 50 to 5000 rials. The Rial has an exchange value of 1 INR is equal to 510-513 rials. Find live rates for converting Iranian Rial to INR here.
Iran is an Islamic country in the Middle East. The country is controlled by a supreme leader of the Islam community rather than the prime minister or president. Even though the president and prime minister are present for Iran all power is vested with the Grand Ayatollah or Supreme Leader, the Imam. Iran is a country with large fossil fuel reserves. The fossil fuels power the majority of the economy of Iran. Since Iran is a country with many controversial issues the value of the Iranian Rial is very much low. These fall in value is mostly because of the restrictions and bans imposed by other nations on Iran mostly by the United States of America. There have been implications of the development of nuclear weapons in Iran since then there were export bans on Iran. This had a tremendous impact on the value of the Iranian currency. One USD is equal to more than 30,000 Iranian Rials. Because of this, the Iranian Rial is present in large denominations to compensate for the low value.
Iran is one of those places in the world with a rich heritage and lots of places to see. Iran has snow laden hilltops that are opened to the public for skiing. The nation is famous for its cuisine. Whenever you visit Iran it is a general understanding to keep some currency at hand for local markets. Not all of the businesses in Iran are equipped to process digital currency. INR will not be accepted and cannot be converted into Iranian Rial. INR cannot be converted to IRR in India due to its low popularity and demand. Also your Indian Rupee debit or credit cards won't work in Iran. Carry USD, Euro or GBP currency & convert it into Iranian Rial currency or card on arrival in Iran.
|Notes||100, 200, 500, 1000, 2000, 5000, 10000, 20000, 50000, 100000 Rials|
|Coins||50, 100, 250, 500, 1000, 2000, 5000 rials|
|Valid in||Iran, Afghanistan, Iraq, Saudi Arabia, Syria|
IRR the official currency of Iran is not very demanding or popular in India. Due to this reason, exchange houses and banks do not keep the Iranian Rial currency and do not facilitate the direct conversion of INR to IRR. To obtain the Iranian Rial currency it is imperative that the Indian Rupee has to be converted to either Euro, US Dollars or GBP and then convert it into Iranian Rial in exchange houses or banks at Iran. To obtain USD or Euro you can visit ExTravelMoney.com and choose the vendor that provides the best forex rates of the day. Then place the order online and with the help of our customer executive complete the procedure. Make the payment online and you can request the vendor to provide door-delivery of the forex and pick-up the KYC documents.
Converting Iranian Rial to Indian Rupee is quite difficult because banks in Iran does not possess Indian currency and banks in India do not accept Iranian currency. Then the solution is to convert Iranian Rial into USD or Euro before leaving Iran and then in India with the help of ExTravelMoney.com you can convert USD or Euro into INR. Choose a vendor from the list of vendors that accept forex in your region from our website. Then Place the order online and shortly our customer executive will contact you for completing the order. Make the payment online and you can request the vendor to pick up the currency, deliver cash in INR and even make them pick up the KYC documents.
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