Exchange Rate USD: Wed, 22 Mar.
USD TO RIAL
The Iranian rial is the official currency of Iran, while the US dollar is the currency used by the United States and many other countries around the world. Like other currencies, the exchange rate between the US dollar and the Iranian rial is subject to fluctuations due to various factors such as political events, economic indicators, and global market conditions.
In recent years, the Iranian economy has been facing significant challenges due to international sanctions and other economic pressures. These factors have led to a significant depreciation of the Iranian rial against major currencies such as the US dollar.
As of my knowledge cutoff date of September 2021, the exchange rate between the US dollar and the Iranian rial was around 1 USD = 42,000 IRR. This means that to purchase one US dollar, an individual would need to exchange 42,000 Iranian rials. However, it is important to note that this exchange rate is subject to change and may have fluctuated since then.
It is also worth mentioning that due to international sanctions, some countries and financial institutions may have restrictions on conducting transactions with Iran. This can further complicate the exchange of currencies between Iran and other countries, including the United States.
In summary, the exchange rate between the US dollar and the Iranian rial is subject to various factors, and the current rate as of my knowledge cutoff date is above.