Euro to Iranian Rial — exchange rate

Country of Circulation: European Union

Currency Code, Symbol: EUR, €

Denominations of coins in circulation: 1c, 2c, 5c, 10c, 20c, 50c, €1, €2

Denominations of banknotes in circulation: €5, €10, €20, €50, €100

History: The euro (sign: €, code: EUR, number: 978) is a currency unit that is used for payment on the Eurozone territory. It is used among the majority of European countries: in Germany, Austria, Spain, France, Greece, etc. A common abbreviation of the currency is EUR.Every euro is worth 100 cents. Sometimes the coins are called eurocents to avoid misunderstanding. The € currency was introduced in 2002 after the official establishment of the European Union. It has replaced a lot of European currencies: Greek drachma, Lithuanian litas, Slovak krona and so on. Introducing euro on a vast territory has allowed to remove transfer commission connected to conversion. Many preserved local currencies have a rate closely tied to EUR.Read More

Country of Circulation: Iran, Afganistan, Iraq

Currency Code, Symbol: IRR, ﷼

Denominations of coins in circulation: 1,000, 2,000, 5,000 ﷼

Denominations of banknotes in circulation: 5,000, 10,000, 20,000, 50,000, 100,000, 500,000 ﷼

History: The Iranian rial (﷼) is a currency used first in Persia, and currently, after the state name change, in Iran. It is known by its international abbreviation – IRR. Dinars are used as change for the Iranian rial.Every IRR equals 100 dinars. However, due to inflation, dinars are practically not used in cash payment. The currency has been issued twice. First time was in 1798, and in their present form – in 1932. The front side of all notes have a portrait of a religious figure – Imam Khomeini, the leader of the Islamic revolution that took place in 1979, in Iran.Read More