Iranian Rial

Iranian Rial

The Iranian rial (Persian: ریال ایران‎ Riâl Irân; ISO 4217 code IRR) is the currency of Iran.Although the "toman" (تومان tumân) is no longer an official unit of Iranian currency, Iranians commonly express amounts of money and prices of goods in "tomans". For this purpose, one "toman" equals 10 rials. Despite this usage, amounts of money and prices of goods are virtually always written in rials. For example, the sign next to a loaf of bread in a store would state the price in rials, e.g., "10,000 rials," even though the clerk, if asked, would say that the bread costs "1000 tomans". There is no official symbol for the currency but the Iranian standard ISIRI 820 defined a symbol for use on typewriters (mentioning that it is an invention of the standards committee itself) and the two Iranian standards ISIRI 2900 and ISIRI 3342 define a character code to be used for it. The Unicode Standard has a compatibility character defined U+FDFC ﷼ Rial sign (HTML ﷼). The Iranian rial was devalued in July 2013 to half its previous value as the government reduced subsidisation of the exchange rate against the dollar. In December 2016, the Iranian government announced the country's currency would be changed from the rial to the commonly used toman. Such a move requires the approval of the Iranian Parliament.

Canadian Dollar

Canadian Dollar

The Canadian dollar (symbol: $; code: CAD; French: dollar canadien) is the currency of Canada. It is abbreviated with the dollar sign $, or sometimes Can$ or C$ to distinguish it from other dollar-denominated currencies. It is divided into 100 cents (¢). Owing to the image of a loon on the one-dollar coin, the currency is sometimes referred to as the loonie by foreign exchange traders and analysts, as it is by Canadians in general, or huard in French. Accounting for approximately 2% of all global reserves, the Canadian dollar is the fifth most held reserve currency in the world, behind the U.S. dollar, the euro, the yen and the pound sterling. The Canadian dollar is popular with central banks because of Canada's relative economic soundness, the Canadian government's strong sovereign position, and the stability of the country's legal and political systems.

32045 Iranian Rial to Canadian Dollar exchange rates chart

32045 IRR to CAD exchange rates graph
32045 IRR to CAD Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

32045 IRR to CAD exchange rates table

Exchange IRR to CAD
32045 Iranian Rial = 1.011 Canadian Dollar
64090 Iranian Rial = 2.021 Canadian Dollar
160225 Iranian Rial = 5.053 Canadian Dollar
320450 Iranian Rial = 10.106 Canadian Dollar
Exchange Iranian Rial to Canadian Dollar
32045 Iranian Rial to Canadian Dollar Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

32045 IRR to CAD exchange rates news

Snapback Of Iran Sanctions: Now In Full Effect - International Law - United States

As described in our prior alert, November 5, 2018 marked the full return (snapback) of U.S. Iran-related sanctions measures lifted or waived pursuant ... United States International Law Orrick 15 Nov 2018

conditional neutral
Iran, feeling sanctions bite, looks for outlet in Iraq
Iran, feeling sanctions bite, looks for outlet in Iraq

Iran, already feeling the bite of U.S. sanctions, is turning to its neighbor Iraq to soak up some of its exports in agriculture, manufacturing, and energy

indicative positive
Teachers Hold Second Round Of Sit-Ins At Schools Across Iran

As their salaries fall below the poverty line, Iranian teachers begin a new round of strikes.

indicative positive
Iraq to exchange food for Iranian gas, seeks US approval

Iraq has agreed with Iran to exchange Iraqi food items for Iranian gas and energy supplies, two Iraq

conditional negative
Iran executes 'Sultan of Coins' convicted of hoarding
Iran executes 'Sultan of Coins' convicted of hoarding

Iran executed the so-called "Sultan of Coins" and his accomplice on Wednesday for hoarding gold coins and other hard currency, signaling zero tolerance as it tries to shore up its currency in the face of an economic crisis.

indicative negative
Canadian dollar extends rebound from four-month low as oil prices rise

The Canadian dollar edged higher against its broadly weaker U.S. counterpart on Wednesday, extending its recovery from a nearly four-month low the day before as oil prices rebounded.

indicative negative
C$ steadies after hitting 4-month low on oil price slump

updates prices); Canadian dollar near flat against the greenback; Loonie touches its weakest since July 20 at 1.3264; Price of U.S. oil slumps 7.1.

indicative neutral

32045 IRR to CAD currency converter