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About this currency pair
Euro (EUR) — the shared currency of the eurozone
The euro is the shared currency of the eurozone, used across many European economies rather than a single country. It was introduced for accounting and electronic payments in 1999 and euro cash followed in 2002, making it a common reference for travel, online shopping, invoices, salaries, savings and cross-border business inside Europe. It is also one of the main currencies followed in global foreign-exchange markets.
Iranian Rial (IRR) — the currency of Iran
The rial is Iran’s official currency unit, although “toman” is also commonly used in everyday speech for prices. The Iranian Rial is used in Iran and often appears in travel spending, public fees, salaries, remittances, trade and regional business invoices. Conversions are useful for travel, remittances, local pricing, accounting records and comparing costs with larger international currencies. Riyal and rial currencies are common around the Arabian Peninsula and nearby economies, so the ISO code helps avoid confusion.