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.

Swedish Krona

Swedish Krona

The krona (Swedish: [²kruːna]; plural: kronor; sign: kr; code: SEK) has been the currency of Sweden since 1873. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value. In English, the currency is sometimes referred to as the Swedish crown, as krona literally means crown in Swedish. The Swedish krona was the ninth-most traded currency in the world by value in April 2016.One krona is subdivided into 100 öre (singular and plural; when referring to the currency unit itself, however, the de facto plural form is ören). However, all öre coins have been discontinued as of 30 September 2010. Goods can still be priced in öre, but all sums are rounded to the nearest krona when paying with cash.

4663 Iranian Rial to Swedish Krona exchange rates chart

4663 IRR to SEK exchange rates graph
4663 IRR to SEK 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.

4663 IRR to SEK exchange rates table

Exchange IRR to SEK
4663 Iranian Rial = 1.005 Swedish Krona
9326 Iranian Rial = 2.011 Swedish Krona
23315 Iranian Rial = 5.026 Swedish Krona
46630 Iranian Rial = 10.053 Swedish Krona
Exchange Iranian Rial to Swedish Krona
4663 Iranian Rial to Swedish Krona 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.

4663 IRR to SEK exchange rates news

IMF sees inflation in Iran breaching 40% by year’s end

IMF sees inflation in Iran breaching 40% by year’s end. Repeating its warning that the country’s sanctions-triggered recession will worsen, the Fund also urges Tehran to align official currency-exchange rates with black market rates.

conditional neutral
Trump's Iran sanctions aren't working as planned

The Trump administration's sanctions on Iran have been ineffective. To achieve their goals, stricter enforcement is necessary.

conditional neutral
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
MARKET ANALYSIS: TSX Ends Flat Again

OTTAWA (Alliance News) - After a weak start and a subsequent long spell in negative territory due ...

conditional positive
THQ Nordic acquires Bugbear Entertainment

THQ Nordic AB is today announcing that it has acquired 90% of the shares in Bugbear Entertainment

indicative positive
Dollar climbs to 2-month high as European currencies falter
Dollar climbs to 2-month high as European currencies falter

The U.S. dollar climbs to a more than two-months high on Wednesday, as risk appetite returns to markets and European currencies weakens on the back of poor economic data and further political pressure.

conditional positive

4663 IRR to SEK currency converter