Exchange Rate of the Iranian Rial Currency
The best source for finding the actual exchange rate would have to be xe.com – they have an up to date currency converter on their site. Rial conversion is pretty easy. The Central Bank of Iran will post exchange rates as well.
Iran’s rial hits an all-time-low against the US dollar – NewsX
The open forex market in Tehran was still largely paralysed today, four days after Iran’s national currency dropped more than 40 per cent prompting protests in the capital’s symbolic Grand Bazaar. Most official exchange shops were open in downtown but refused to conduct any business at a rate of about 28,000 rials per dollar, set by the Central Bank yesterday in a bid to curb the currency’s plunge. The main specialised websites tracking transactions on the market did not post any rates. The few transactions happening under the table, however, were in the range of 30,000 and 32,000 rials per dollar.
For more log on to http://www.newsx.com