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No. The Iranian Rial is hurting because of the various sanctions. It is very unstable.

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Q: Should you invest in Iranian currency?
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Related questions

Should you invest in Iraqi dinar?

You should probably not invest in Iraqi Dinar. Utahâ??s Department of Commerce have warned people against a scam in which someone is persuaded to invest in the currency.


What is Iranian cash?

if you mean currency it is RIAL


Does Iran currency work in Saudi Arabia?

No not without exchanging them. Iran's currency is Iranian Rial and Saudi Arabia's currency is Riyal.


How much are 100 Iranian dinars?

no dinars in Iran. the currency is Rials


What is the cheapest currency?

The cheapest currency to purchase is the Iranian Rial as of August 19, 2014. This value can change at any moment if the country revalues its currency.


Is there any restriction on taking money into Iran?

Yes you can not take iranian currency more then 100000 rials for foreign currency no problem


What is the namefor Iranian money?

The Iranian currency is the Rial, but Iranians will typically speak in terms of Toman where a Toman = 10 Rial.


What is Iranian money called?

The currency in Iran, or the money used, is called the rial (pronounced "reeyaal ").


Money market funds invest primarily in foreign currency?

yes


What is the value of 1 rial?

That depends on which rial (Iranian, Yemeni, or Omani) and in which other currency you want to know its value. For example, "What is the value of 1 Iranian rial in US dollars?"


What is Iran's national currency?

Rials is the official term used for Iran's national currency (abbreviated IRR), but people prefer to use the word Toman instead of Rial as if it were a different currency (it is not). Each Toman represents 10 Rials. For example, a piece of bread may cost 500 Rials, but a person will say conversationally, "The bread costs 50 Toman".As of February 4, 2013, $1.00 USD = 12,282.00 IRR.The currency used in Iran(which is a purely cash economy) is Iranian rial.The Iranian currency is the Iranian Rial, or IRR, worth approximately $0.0000959877 US Dollars.


Is FOREX an online foreign exchange broker?

FOREX is an online foreign currency broker. They offer foreign currency trading online. It is like eTrade but instead of investing in stocks, you invest in currency.