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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 Saudi riyal (Arabic: ريال سعودي riyāl suʿūdiyy) is the currency of Saudi Arabia. It is abbreviated as ر.س SAR, or SR (Saudi Arabian Riyal/Saudi Riyal). It is subdivided into 100 halalas (Arabic: هللة Halalah). The currency is pegged to the US dollar at a constant rate of exchange. [2]
On September 18, 1966, the Qatar & Dubai Currency Board introduced notes for 1, 5, 10, 25, 50, and 100 riyals. These were replaced on 19 May 1973 by notes of the Qatar Monetary Agency in denominations of 1, 5, 10, 100, and 500 riyals; a 50 riyal note was issued in 1976. The Qatar Central Bank was established by decree 15 on 5 August 1973.
Omani rial [64] OMR Oman: ر.ع [65] Baisa [64] Pakistani Rupee [66] PKR Pakistan: Rs [66] [67] Paisa [66] Israeli new shekel [34] ILS Palestine ₪ [34] [35] Agora [34] [35] Philippine peso [68] PHP Philippines ₱ [68] [69] Sentimo [68] [69] Qatari riyal [70] QAR Qatar: ر.ق [71] Dirham [70] Russian Ruble [2] RUB Russia: руб. [1] [2 ...
Present currency ISO 4217 code Country or dependency (administrating country) Currency symbol Algerian dinar: DZD Algeria دج (Arabic) or DA (Latin) Bahraini dinar [1]: BHD ...
From 1973 to 1986, the rial was pegged to the U.S. dollar at 1 Omani rial = US$2.895. The rate was changed in 1986 to 1 Omani rial = US$2.6008, [2] which translates to approximately US$1 = 0.384497 rial. As of 2023, the Central Bank of Oman bought U.S. dollars at 0.384 Omani rial, and sold U.S. dollars at 0.385 Omani rial. [3]
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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 ...