Iran’s national currency has lost a huge amount of its value. On unofficial markets the rial has dropped to all-time lows against the US dollar, amid deep economic stress and rising inflation.
At recent free-market rates, $735 USD converts to roughly 943 million Iranian rials, making you technically a “billionaire” in local currency terms but that doesn’t reflect real purchasing power inside the country. $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $XRP {spot}(XRPUSDT)
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Iran’s national currency has lost a huge amount of its value. On unofficial markets the rial has dropped to all-time lows against the US dollar, amid deep economic stress and rising inflation.
At recent free-market rates, $735 USD converts to roughly 943 million Iranian rials, making you technically a “billionaire” in local currency terms but that doesn’t reflect real purchasing power inside the country.
$BTC
{spot}(BTCUSDT)
$ETH
{spot}(ETHUSDT)
$XRP
{spot}(XRPUSDT)
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