Iranian Rial has completely collapsed

    https://i.redd.it/3mavjrl5bwkg1.png

    Posted by Sweaty_Rub4322

    36 Comments

    1. Does this mean I’m gonna have to endure 30 years of “get in on the ground floor with Iranian Rial” scams now?

    2. TheAntiEggroll on

      Im vacationing there next week to take advantage of this. Probably going to take a cruise over

    3. So how do the Iranian people actually use the Rials. Do they basically just use MegaRials and GigaRials in day-to-day? Because surely it must get annoying a.f. to always have to count in multiples of millions for buying bread or somesuch

    4. Far_Statistician1479 on

      The USD exchange rate doesn’t really matter at all. Iran sells oil and uses foreign currency to buy whatever they do need to import, but they’re not dependent on imports. Iranian currency is just used in Iran. It’s not like they’re going through hyperinflation or something.

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