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IRR to EUR - Iranian Rial to Euro Converter

Convert Iranian Rial to Euro with daily ECB exchange rates

1 IRR = ~0.000001 EUR (rates vary)

Rates verified daily from ECB official reference rates•Source: European Central Bank (16:00 CET daily)•For informational purposes only. Not financial advice.

Quick Insight

IRR to EUR moves with policy shifts and inflation; rely on live rates for accurate estimates.

Keep a simple rule: use the mid-market rate as baseline and watch spreads.

✈️ Travel budgeting💼 Quick invoice estimates💸 Remittance planning

Common IRR - EUR Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Active
London
08:00 - 17:00 UTC
Closed
New York
13:00 - 22:00 UTC
Closed

Most volatile: London-NY overlap (13:00-17:00 GMT). Best spreads during high liquidity hours.

Upcoming High Impact Events

US Non-Farm Payrolls
First Friday of month
High Impact
USD pairs
ECB Rate Decision
Every 6 weeks
Medium Impact
EUR pairs

These are typical recurring economic events. Actual dates, times, and market impacts may vary. This information is for general awareness only and should not be used as the sole basis for financial decisions. Always verify current schedules from official central bank sources.

Tips & Recommendations

  • 1Airport exchange bureaus often have higher markups (10-15%) compared to other options
  • 2ATMs with local bank cards typically offer rates closer to mid-market rates
  • 3Paying in local currency helps avoid dynamic currency conversion (DCC) fees
  • 4Notifying your bank before travel can help prevent unexpected card blocks

Frequently Asked Questions

Policy decisions by the Central Bank of Iran and the European Central Bank, inflation gaps, sanctions, trade balances, and global risk sentiment all drive the rate.

Economic Context

Trading Relationship

The Iran-European trade relationship centers on energy exports and European imports of goods and services. The IRR/EUR rate influences pricing, payment timing, and the affordability of European products for Iranian buyers.

Key Rate Factors

  • •Central bank policy (CBI and ECB) and interventions
  • •Inflation differentials between Iran and the Eurozone
  • •Trade balances, sanctions regimes, and settlement mechanisms
  • •Political stability and regulatory risk
  • •Global risk sentiment and safe-haven USD flows

Central Banks

Central Bank of the Islamic Republic of Iran
Tehran, Iran
Manages monetary policy and regulates the banking system to maintain price stability.
European Central Bank
Frankfurt, Germany
Sets monetary policy for the euro area and governs money supply to safeguard price stability.

Exchange rates fluctuate continuously. This converter provides indicative rates for informational purposes. For large transactions, consult with a licensed financial professional.

Rates sourced from European Central Bank reference rates. ECB Reference Rates