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Iran Rials

Iran doubles highest banknote

Iran doubles the denomination of its highest banknote to 100,000 rials, worth about $10, its Central Bank Governor says. Ref. Source 3

Rials Iran

Hyperinflation Hits Iran; Monthly 70% Inflation Rate; Reflections on Economic Warfare:

The oil embargo against Iran has worked, assuming one defines "Work" as a destruction of the Iranian riall which has fallen 33% in a week, 57% in three months and 75% in a year vs. The US dollar. Ref. Source 3