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The rial (Persian: ریال ایران, romanized: riyâl-è Irân; abbreviation: Rl (singular) and Rls (plural) [15] [16] or IR [17] in Latin; ISO code: IRR) is the official currency of Iran. It is subdivided into 100 dinars , but due to the rial's low purchasing power the dinar is not practically used.
The Pakistani rupee depreciated against the US dollar until around the start of the 21st century, when Pakistan's large current-account surplus pushed the value of the rupee up versus the dollar. Pakistan's central bank then stabilized by lowering interest rates and buying dollars, in order to preserve the country's export competitiveness.
Indian rupee ₹ INR Paisa: 100 Indonesia: Indonesian rupiah: Rp IDR Sen: 100 Iran: Iranian rial: Rl or Rls (pl.) IRR Rial: 100 Iraq: Iraqi dinar: ID IQD Fils: 1000 Ireland: Euro € EUR Cent: 100 Isle of Man: Manx pound £ (none) Penny: 100 Sterling £ GBP Penny: 100 Israel: Israeli new shekel ₪ ILS Agora: 100 Italy: Euro € EUR Cent: 100 ...
The rupee continued to slowly decline until the start of 2018 when it began to rapidly devalue. The crash worsened midway through 2021, with the Pakistani rupee losing almost half its value between May 2021 and May 2023. This is largely attributed to political instability, devastating flooding, and a debt crisis. [citation needed]
List of all Asian currencies Present currency ISO 4217 code Country or dependency (administrating country) Currency sign Fractional unit Russian Ruble [1]: RUB Abkhazia ...
This is a list of tables showing the historical timeline of the exchange rate for the Indian rupee (INR) against the special drawing rights unit (SDR), United States dollar (USD), pound sterling (GBP), Deutsche mark (DM), euro (EUR) and Japanese yen (JPY). The rupee was worth one shilling and sixpence in sterling in 1947.
In late January, Pakistan lifted the artificial cap on its currency, causing the rupee to plunge 20% against the dollar in a few days. The government raised fuel prices by 16%. And the Pakistani central bank raised its interest rate by 100 basis points to battle the country's highest inflation in decades, expected to be as high as 26% in ...
The template supports inflation calculation, by way of {{}}.If the second parameter is used, to specify a year, and this year is within a certain range of available inflation data (specifically, if 1960 ≤ year < 2021), the equivalent value represented in 2021 rupee will be calculated in parentheses.