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EUR / IRR
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Apr 24, 12:09:00 AM UTC · Disclaimer
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The euro is the official currency of 20 of the 27 member states of the European Union. This group of states is officially known as the euro area or, more commonly, the eurozone. The euro is divided into 100 euro cents. The currency is also used officially by the institutions of the European Union, by four European microstates that are not EU members, the British Overseas Territory of Akrotiri and Dhekelia, as well as unilaterally by Montenegro and Kosovo. Outside Europe, a number of special territories of EU members also use the euro as their currency. Additionally, over 200 million people worldwide use currencies pegged to the euro. The euro is the second-largest reserve currency as well as the second-most traded currency in the world after the United States dollar. As of December 2019, with more than €1.3 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world. The name euro was officially adopted on 16 December 1995 in Madrid. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit at a ratio of 1:1. Wikipedia
The rial is the official currency 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. There is no official symbol for the currency but the Iranian standard ISIRI 820 defined a symbol for use on typewriters 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. A proposal has been agreed to by the Iranian Parliament to drop four zeros, by replacing the rial with a new currency called the toman, the name of a previous Iranian currency, at the rate of 1 toman = 10 rials. Wikipedia
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