The World’s Most Confusing Currency: Iranian Rial – Is It a Matter of Inflation?

Iranian Rial currency

The Iranian rial (IRR) is one of the most complex currencies in the global economy because of its constant fluctuations, sharp devaluations, and inflation rates, which can directly or indirectly affect global and political events. To an outsider, there is a mystery where a currency goes up and down without reason.To what extent, therefore, is […]

Iranian Rial vs Iranian Toman: What Is the Difference? A Thorough Currency Case Study

Iranian Rial vs Toman

Iran’s monetary structure remains one of the most interesting topics for discussion because of the referencing system of two forms of currency, which can confuse even the most experienced analysts. While the Iranian Toman (IRT) and Iranian Rial (IRR) may be used somewhat synonymously in most routine business, they are, in fact, different. This oddity […]