Iranian Rial (IRR)
a.k.a. IRR, Rial, Toman
Iran's currency, code IRR, heavily weakened by sanctions and inflation, with a gap between official and…
In plain English
Iran's currency, code IRR, heavily weakened by sanctions and inflation, with a gap between official and street rates.
The Iranian rial (IRR) has lost a huge amount of value under international sanctions and high inflation. Many Iranians quote prices in tomans, an informal unit equal to ten rials.
Multiple exchange rates and tight controls make it untradable on international platforms.
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