MYR/IRR Exchange Rate & Market Trends

Yes, Pashizi updates exchange rates continuously throughout the day with the latest market data.

No, Pashizi does not provide actual currency exchange, money transfer, or conversion services. We are an information service that displays current exchange rates between various currencies and IRR (Iranian Rial). Our website helps users stay informed about exchange rates but does not process any financial transactions or currency conversions.

The official currency of Iran is the Iranian Rial (IRR). However, in everyday life, most prices are quoted in Tomans, where 1 Toman equals 10 Rials. While the Rial is the legal currency used in banks, government documents, and international transactions, the Toman is more common in shops, markets, and daily conversations. For example, if something costs 50,000 Rials, Iranians will usually say 5,000 Tomans. Travelers should be aware of this dual usage to avoid confusion when exchanging money or making purchases in Iran.

You can quickly convert MYR to IRR using Pashizi’s live exchange rate calculator. Simply enter the amount in MYR, and our system will instantly show you the equivalent in Iranian Rial based on the latest free-market rate. This tool helps travelers, expats, and businesses check real conversion values before making financial decisions.

The Iranian Rial (IRR) is known for high volatility due to factors such as international sanctions, inflation, and government monetary policies. Unlike major global currencies, the Rial can experience sharp daily fluctuations against the US Dollar, Euro, and other currencies. This is why Pashizi provides up-to-date free-market exchange rates, allowing users to track Iran’s currency value in real time.

Yes, in many cases tourists can use US Dollars (USD) or Euros (EUR) for larger purchases such as hotel bookings, tours, or even private exchanges. However, everyday transactions in Iran usually require Rials or Tomans. Travelers should exchange part of their money into local currency upon arrival and be mindful of the free-market rate rather than the official government rate.