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IRR to USD - Iranian Rial to US Dollar Converter

Convert Iranian Rial to US Dollar with daily ECB exchange rates

1 IRR = ~0.000001 USD (rates vary)

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

Quick Insight

This currency pair is highly volatile. Always check live rates before transactions.

This pair is highly volatile. Mental math is unreliable—always check live rates.

Rates can shift 5%+ in a short period. Use a live converter for accuracy.

⚠️ Verify before transfers📈 Monitor policy and sanctions news🔔 Set rate alerts for large payments

Common IRR - USD Conversions

Forex Market Hours

Sydney
22:00 - 07:00 UTC
Active
Tokyo
00:00 - 09:00 UTC
Closed
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

Key factors include monetary policy decisions, inflation differentials, sanctions and currency controls, oil revenue fluctuations, and demand for USD in imports and remittances. Market sentiment and global risk appetite also play a role.

Economic Context

Trading Relationship

The IRR and USD interaction affects Iran's import-heavy economy and any cross-border trade that involves USD settlements. Policy shifts and sanctions can tighten or ease access to USD, influencing pricing and payment timing.

Key Rate Factors

  • Central bank policy (CBI) and Tehran's monetary stance
  • Inflation differentials and price stability efforts
  • Oil revenue and export earnings
  • Trade restrictions and compliance regime
  • Global risk sentiment and demand for safe-haven USD

Central Banks

Central Bank of Iran
Tehran, Iran
Oversees monetary policy, manages money supply, and supervises banks to maintain financial stability.
Federal Reserve System
Washington, D.C., USA
The US central bank. Sets interest rates, manages inflation, and acts as lender of last resort for American banks.

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