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#currency collapse #Foreign exchange #global currencies #Indian rupee value #inflation in iran #Iran currency crisis #Iran inflation #Iranian economy #Iranian Rial #rial vs toman #riyal vs toman #rupee abroad #rupee exchange rate #rupee millionaire #rupee power #rupee strength #rupee vs rial #Rupee vs riyal #value of indian rupee #weakest currency
Two parallel exchange rates operate in Iran. The official rate is strictly controlled, but open or black market rates also operate here. Here the price of one Indian Rupee in the open market is 15300 to 16000 Riyal. According to this, even ₹ 1000 can be converted into approximately 1.5 to 1.6 crore riyals.
