HomeRUB / IRR • Currency
Russian Ruble to Iranian Rial
538.3532
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-0.1718 Today
Jul 22, 9:49:24 AM UTC · Disclaimer
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The ruble or rouble is the currency of Russia. Banknotes and coins are issued by the Central Bank of Russia, which is Russia's monetary authority independent of all other government bodies. The ruble is the second-oldest currency in continuous use and the first decimal currency. The ruble was the currency of the Russian Empire, which was replaced by the Soviet ruble during the Soviet period. Following the dissolution of the Soviet Union, by 1992, the Soviet ruble was replaced in the Russian Federation by the Russian ruble at par. The Russian ruble then further continued to be used in 11 post-Soviet states, forming a "ruble zone" until 1993. The ruble was further redenominated with the new code "RUB" just preceding the 1998 Russian financial crisis, and was exchanged at the rate of 1,000 RUR = 1 RUB. As of April 2019, the ruble was the 17th-most traded currency in the world; however, due to international sanctions, the ruble dropped to being the 34th-most traded currency in the world as of April 2022. The ruble is subdivided into 100 kopecks which have fallen out of use due to inflation. In 2023, the digital ruble was introduced. Wikipedia
The rial is the official currency of the Islamic Republic of Iran. It is subdivided into 100 dinars, but due to the rial's low purchasing power the dinar is not practically used. While POS terminals are in use in Iran, the country does not participate in any of the major international card networks due to sanctions between it and the United States. Travelers are instead advised to load money onto a local prepaid card account. As of the 2020s, a prepaid financial product known as the Iran Tourist Debit Card has become available for foreign visitors. Issued in partnership with Iranian banks such as Pasargad, the card allows tourists to load funds in foreign currencies such as U.S. dollars or euros, which are converted to Iranian rials upon issuance. The card operates on the national Shetab banking network and can be used at ATMs, point-of-sale terminals, restaurants, hotels, and retail shops across the country. It offers features such as encrypted transactions, PIN security, and online or in-person top-up options. Wikipedia
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