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US dollar – Iranian rial official exchange rate graph (2000-2017) [citation needed] Official vs. free exchange rates (rials per US dollar) [44] [45] Year Official rate
The rial plunged to 820,500 to the dollar on the unofficial market, compared to 808,500 rials on Friday, according to Bonbast.com, which reports exchange rates.
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
US dollar/Iranian rial exchange rate has remained relatively stable from 2003, when Iran adopted a "managed floating exchange rate" until 2012. Monetary policy is facilitated by a network of 50 Iranian-run forex dealers in Iran , the Middle-East and Europe .
Government loans and credits are available to industrial and agricultural projects, primarily through banks. Iran's unit of currency is the rial which had an average official exchange rate of 9,326 rials to the U.S. dollar in 2007. [37] Rials are exchanged on the unofficial market at a higher rate. In 1979, the government nationalized private ...
Iran: Iranian rial: Rl or Rls (pl.) ... (fixed exchange rate) currencies, there are only 130 currencies that are independent or pegged to a currency basket ...
Money in circulation reached $700 billion in March 2020 (based on the 2017 pre-devalation exchange rate). [72] (Iran's monetary base reached 3,721.46 trillion rials (nearly $12 billion) in September 2020 while M2 reached $95 billion (i.e. 26% and 36.2% increase in one year respectively), while the money multiplier effect (which shows how much ...
Shah's portrait at the 1000 Iranian rial bank note. Between fiscal year 1964 and FY 1978, Iran's gross national product grew at an annual rate of 13.2 percent at constant prices. The oil, gas, and construction industries expanded by almost 500 percent during this period, while the share of value-added manufacturing increased by 4 percent.