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INR to IRR: Indian Rupee to Iranian Rial

Live INR to IRR exchange rate today - 1 INR equals 14,448.0000 IRR, with an instant two-way converter for Indian Rupee to Iranian Rial.

Today's INR to IRR Exchange Rate

1 INR = 14,448.000000 IRR

1 IRR = 0.0001 INR

Updated: September 3, 2026 ยท Source: Frankfurter API (blended central bank reference rates)

Currency Converter

1.00 Indian Rupee =

14,448.0000 Iranian Rial

Last updated: September 3, 2026

This INR to IRR rate is sourced from the Frankfurter exchange rate API, which aggregates reference rates from central banks and financial data providers. Rates on this page are refreshed daily and reflect the mid-market exchange rate (the midpoint between buy and sell prices), rather than the retail rate offered at a bank or currency exchange counter.

Use the calculator above to convert any amount both ways: enter a value in either the INR box or the Iranian Rial (IRR) box to see the live conversion instantly.

Related Data

What is INR (Indian Rupee)?

A managed float, not pegged to any other currency - the RBI lets the market set its value but occasionally buys or sells dollars to smooth out sharp swings.

Key Facts

  • ISO code: INR
  • Symbol: โ‚น
  • Subunit: 100 paise = 1 rupee
  • Issued by: Reserve Bank of India (RBI)

What is IRR (Iranian Rial)?

Iran runs a dual exchange rate system: an official, subsidized rate and a materially weaker open-market ('free market') rate. The rate on this page reflects the official rate reported by this site's data source, not the open-market rate - see the FAQ below before relying on this number for anything real.

Key Facts

  • ISO code: IRR
  • Symbol: ๏ทผ
  • Subunit: Nominally 100 dinars = 1 rial (the dinar is defunct due to inflation)
  • Issued by: Central Bank of Iran

Why Does the INR/IRR Exchange Rate Change?

The INR/IRR rate moves every trading day, driven mainly by:

  • Iran's dual exchange rate system - the rate on this page reflects the official/subsidized rate, which differs dramatically from Iran's real open-market rate; that gap is the single most important thing to understand about this pair before using it for anything.
  • International sanctions - years of sanctions have cut Iran off from major international payment networks (including SWIFT), severely restricting how the rial trades and is settled internationally.
  • Persistent domestic inflation, steadily eroding the rial's real value regardless of what any single official exchange rate shows.
  • Central Bank of Iran policy on foreign currency allocation, which determines who gets access to the official rate and for what purposes (essential imports typically get priority).
  • Oil export revenue and its accessibility - sanctions restrict Iran's ability to sell oil and repatriate the proceeds through normal banking channels, adding pressure on the currency.
  • Political and diplomatic developments, including any shifts in the sanctions regime, which can move the rial's open-market value sharply.

Frequently Asked Questions

Is this the real market rate for the Iranian Rial?

No, and this is important: this page reflects the official/subsidized rate reported by this site's data source. Iran runs a dual exchange rate system, and the real open-market rate that Iranians and businesses actually use is materially weaker and moves separately, driven by sanctions, inflation and currency controls the official rate doesn't reflect. Don't rely on this page's number for anything beyond a rough, official-rate reference.

Why is there a gap between the official and open-market Iranian Rial rate?

Iran's government maintains an official rate, used for approved transactions like essential imports, that's kept artificially stronger than what the currency would trade at freely. International sanctions, limited access to global banking, and years of high inflation have all widened the gap between that official rate and the real open-market rate over time.

Is this the bank rate or forex rate?

It's the mid-market rate, the midpoint between the buy and sell price on the global currency market, with no margin added. Banks, forex counters and card networks add their own markup on top, so the rate you're actually charged when exchanging cash or paying by card abroad will differ, usually by 1 to 4 percent in their favor.

How often is the rate updated?

Once a day, refreshed at 7:00 AM IST from the Frankfurter API.

Where do these rates come from?

Frankfurter (frankfurter.dev), a free exchange-rate API that blends official reference rates from multiple central banks rather than relying on a single source.

Can I use this rate for an actual currency conversion?

Use it as a reference for roughly what you should be getting, not as the exact rate you'll receive. An actual transaction, a bank transfer, cash exchange, or a card payment abroad, goes through your bank or exchange provider's own rate, which includes their margin and any transaction fees.

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