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The rate was US$1 = Rls 75.75 in 1957. Iran did not follow the dollar's currency devaluation in 1973, leading to a new peg of USD 1 = Rls 68.725. The dollar peg was dropped in 1975. [citation needed] In 1979, Rls 70 equalled USD 1. The value of the rial declined precipitously after the Islamic Revolution because of capital flight from the country.
4.5 Indian Rupee as exchange rate anchor. 4.6 Other. ... Iran Maldives ... Pegged exchange rate within horizontal bands (1)
Fixed currency Anchor currency Rate (anchor / fixed) Abkhazian apsar: Russian ruble: 0.1 Alderney pound (only coins) [1]: Pound sterling: 1 Aruban florin: U.S. dollar: 1.79
In early 2019, following the hyperinflation of the rial, the central bank made a new proposal, suggesting the currency be redenominated by introducing a new toman with a value of 10 rials. [ 8 ] In July 2019, the Iranian government approved a bill to change the national currency from the rial to the toman with one new toman equalling 10,000 ...
The qiran (Persian: قران; also Romanized kran) was a currency of Iran between 1825 and 1932. It was subdivided into 20 shahi or 1000 dinar and was worth one tenth of a toman. The rial replaced the qiran at par in 1932, although it was divided into one hundred (new) dinars. Despite the qiran no longer being an official denomination, the term ...
Nepalese rupee: Nepal Rastra Bank: 1 INR = 1.6000 NPR (buy) 1 INR = 1.6015 NPR (sell) North Korea: North Korean won: Central Bank of the Democratic People's Republic of Korea Oman: Omani rial: Central Bank of Oman: 1 OMR = USD 2.6008 Pakistan: Pakistani rupee: State Bank of Pakistan Papua New Guinea: Papua New Guinean kina: Bank of Papua New ...
Saudi Arabia decimalised the riyal in 1963, with 1 riyal = 100 halalas. Between 1960 and 1963, the riyal was worth 20 qirsh, and before that, it was worth 22 qirsh. The Yemen Arab Republic introduced the coinage system of 1 North Yemeni rial = 100 fils in 1974, to replace the 1 rial = 40 buqsha = 80 halala = 160 zalat system. The country was ...
The one hundred thousand rial banknote is a denomination of Iranian currency that was issued in 2010, replacing the 50,000 rial note as the largest denomination. [ 1 ] The bill features Rouhollah Khomeini 's portrait on the front and the Tomb of Saadi on the back.