Convert Iranian Rial to Singapore Dollar

Convert Iranian Rial (IRR) to Singapore Dollar (SGD) using daily updated exchange rates.

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Iranian Rial (IRR)
Singapore Dollar (SGD)

Exchange Rate

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About Iranian Rial

The Iranian Rial (IRR) is the official currency of Iran, though Iranians commonly quote prices in tomans (1 toman = 10 rials). Due to decades of international economic sanctions and domestic monetary mismanagement, the rial has experienced catastrophic depreciation - losing over 99.9% of its value against the dollar since the 1979 Islamic Revolution. In 2020, the Iranian parliament approved a redenomination plan replacing 10,000 rials with 1 new toman, though full implementation has been slow. The Central Bank of Iran issues currency and manages monetary policy.

About Singapore Dollar

The Singapore Dollar (SGD) is the official currency of Singapore and is interchangeable at par with the Brunei Dollar (BND) by a 1967 Currency Interchangeability Agreement. The Monetary Authority of Singapore (MAS) manages monetary policy uniquely through the exchange rate - adjusting the Singapore Dollar against a basket of trading partner currencies - rather than through interest rates, because of Singapore's small open economy. Singapore is a global financial centre, the world's busiest container port, and one of the wealthiest nations by per capita income.

Quick Reference Table

Iranian Rial (IRR)Singapore Dollar (SGD)
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).

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