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.

Norwegian Krone

Norwegian Krone

The krone [ˈkruːnə] (sign: kr; code: NOK), plural kroner, is the currency of Norway and its dependent territories. It is subdivided into 100 øre, which exist only electronically since 2012. The name translates into English as crown. The krone was the thirteenth most traded currency in the world by value in April 2010, down three positions from 2007.

5022 Iranian Rial to Norwegian Krone exchange rates chart

5022 IRR to NOK exchange rates graph
5022 IRR to NOK 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.

5022 IRR to NOK exchange rates table

Exchange IRR to NOK
5022 Iranian Rial = 1.016 Norwegian Krone
10044 Iranian Rial = 2.031 Norwegian Krone
25110 Iranian Rial = 5.078 Norwegian Krone
50220 Iranian Rial = 10.156 Norwegian Krone
Exchange Iranian Rial to Norwegian Krone
5022 Iranian Rial to Norwegian Krone 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.

5022 IRR to NOK exchange rates news

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
US Sanctions Against Iran Re-Imposed As Wind-Down Periods For Iran Deal Expire - International Law - United States

uthors' Note: This Advisory is structured in four parts. Part I provides a summary of the previously waived Iran-related sanctions ... United States International Law Arnold & Porter 12 Nov 2018

subjunctive neutral
Those ineffectual US sanctions
Those ineffectual US sanctions

Here's why punitive measures are not up to the task of convincing Iran or the PA to change their ways

conditional neutral
PressTV-Iran sells 700,000 barrels in second oil auction
PressTV-Iran sells 700,000 barrels in second oil auction

Iran on Sunday went ahead with a second public sale of its light crude oil to international clients through its Energy Bourse in a policy meant to dodge US sanctions and sell the strategic fuel to direct buyers.

conditional negative
Iran Finalized the Development of Rial Backed National Cryptocurrency

According to a local media report, Iran has finalized the development of its national cryptocurrency. The cryptocurrency will be backed by local fiat currency Rial. When the Central Bank of Iran (CBI) approves the uses of national cryptocurrency, it will be issued to financial institutions such as banks to test…

conditional neutral
Major curriencies down

Uniindia: Mumbai, Nov 13 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

indicative neutral
EUR/NOK remains stable so far – Danske Bank

The Norwegian Krone appears stable following recent inflation figures and balanced positioning, noted Mikael Milhoj, Senior Analyst at Danske Bank. Key

conditional positive
Crypto Currency: Ethereum Analysis And Bitcoin’s Relative Rotation Graph

Ethereum Analysis and Bitcoin’s Relative Rotation Graph

indicative neutral
Is The Australian Dollar Signaling A Resumption Of The U.S. Dollar's Advance?

The US dollar's downside correction may have ended the middle of last week. The FOMC left little doubt that a rate hike will be delivered next month. Oil prices

conditional negative

5022 IRR to NOK currency converter