Convert Iranian Rial to New Taiwan Dollar
Convert Iranian Rial (IRR) to New Taiwan Dollar (TWD) using daily updated exchange rates.
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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 New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan (Republic of China), introduced in 1949 when the Nationalist government retreated from mainland China to Taiwan. The Central Bank of the Republic of China (Taiwan) manages monetary policy. Taiwan has one of Asia's most dynamic economies and is a global technology powerhouse - TSMC (Taiwan Semiconductor Manufacturing Company), the world's largest contract chipmaker, is headquartered in Taiwan and produces the world's most advanced semiconductors.
Quick Reference Table
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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).