If you are looking for the latest Iran currency to INR rate, you are in the right place. The Iranian currency, known as the Iranian Rial (IRR), is one of the lowest-valued currencies in the world. Many people search for the Rial to Indian Rupee (INR) exchange rate for travel, business, remittances, or general knowledge.
In this article, we explain today’s Iranian Rial to Indian Rupee rate, recent trends, and key factors that affect the exchange value in simple terms.
What Is the Iranian Currency?
The official currency of Iran is the Iranian Rial (IRR). Although prices inside Iran are often quoted in Toman (1 Toman = 10 Rials), the Rial remains the official currency used in banking and international exchange.
Due to long-term economic sanctions, inflation, and limited access to global financial markets, the Iranian Rial has remained weak compared to major world currencies, including the Indian Rupee.
Iran Currency to INR Today
As per the latest available mid-market exchange data:
1 Iranian Rial (IRR) ≈ ₹0.0021 INR
1 Indian Rupee (INR) ≈ 466–468 Iranian Rials
This means the value of one Rial is only a small fraction of one Indian Rupee, so conversions are usually done in large amounts.
IRR to INR Conversion Examples
To make it easier to understand, here are some common conversions:
1,000 IRR ≈ ₹2.1 INR
10,000 IRR ≈ ₹21 INR
50,000 IRR ≈ ₹107 INR
100,000 IRR ≈ ₹214 INR
These figures are approximate and based on the current mid-market exchange rate. Actual rates may vary slightly depending on the source.
Why Is the Iranian Rial So Weak?
Several factors affect the Iranian Rial’s value against the Indian Rupee:
Economic Sanctions
International sanctions have restricted Iran’s trade, banking, and foreign investment, putting pressure on the currency.
High Inflation
Iran has experienced long-term inflation, which reduces the purchasing power of the Rial.
Limited Global Trading
The Rial is not freely traded on global forex markets, which limits demand and stability.
Oil Price Dependence
Iran’s economy depends heavily on oil exports. Fluctuations in oil prices impact the currency’s strength.
Official Rate vs Market Rate
It is important to note that Iran has multiple exchange rates, including official and market-based rates. The rate you see online is usually the mid-market rate, which is used for reference.
Banks, money changers, and international transfers may offer slightly different rates due to:
Service fees
Exchange margins
Local regulations
Always check with your bank or exchange provider before making a transaction.
Is the Iran Currency to INR Rate Stable?
The IRR to INR exchange rate can change daily based on global economic conditions, regional politics, and currency demand. While changes are usually small in the short term, long-term trends have shown consistent weakness in the Rial.
For the most accurate and updated rate, it is recommended to check reliable currency platforms or financial news sources daily.
Conclusion
The Iran currency to INR today reflects the continued weakness of the Iranian Rial against the Indian Rupee. With 1 IRR valued at around ₹0.0021, conversions typically involve large numbers. Understanding this exchange rate is useful for travelers, traders, and anyone tracking global currencies.
Always rely on updated exchange data and confirm rates with official sources before making financial decisions.