The country where 1 Indian rupee is equal to 500 rupees, this country is beautiful and ancient

Indian Currency Price: There are many countries in the world where the value of Indian rupee is very high, there is also a country where one Indian rupee is worth more than 500 rupees.

Do you know that there is a country where the value of Indian Rupee is so high that you might not be able to believe it. This is a very beautiful and ancient country, which has a lot of historical importance too. India has had very old relations with this country. This country is among the largest oil producing countries in the world but its condition is bad due to US sanctions. In this country, 01 Indian Rupee is equal to at least 500 Rupees.

Now we tell you which country this is. This country is Iran, where the official currency is Rial-e-Iran, which is called Iranian Rial in English. Once upon a time, the value of Rial was quite good but in the last few years, it has fallen down. The reason for this is that America has imposed many types of economic sanctions on this country for many years. Due to which it is not able to sell its oil to the world.

How much is the value of 1 rupee in Iran ?

Its economic condition is very bad but its closeness with India continues. Currently, one Indian rupee is equal to 507.22 Iranian Rial. This means that if an Indian goes to Iran with 10000 rupees, he can stay and roam there in luxury. The rent of a good five star hotel there is up to 7000 rupees per day, but medium class hotels are easily available between 2000 rupees to 4000 rupees.

Keeping dollars is a crime,

although keeping dollars in Iran is a big crime. But rupees can be kept. Iran has stopped accepting dollars for the last few years. Now it trades with many countries including India in their local currency. But due to this, the illegal business of smuggling dollars is also flourishing there.

Among the oldest currencies of the world,

Rial is a very old currency in Iran. It was first introduced in 1798 but in 1825, the issuance of Rial was discontinued. It was issued again. The Rial started falling rapidly since the year 2012. By June 2020, the Iranian Rial fell almost five times since the beginning of 2018. Inflation started increasing at a record pace there. Now things have become very expensive there.

Inflation increased rapidly there.

In 2022, Iran's inflation rate was 42.4%, which is the tenth highest in the world. Due to this, unemployment has also increased. However, most people in Iran prefer to do their own work instead of being employed. Only 27.5 percent of the population there is in formal employment, but poverty has increased to more than 50 percent. There is also a lot of corruption.

Beautiful country

Iran is a beautiful country. Incredible architecture can be seen along with spectacular views of nature. It is an attractive country and has many beautiful places. The people here welcome guests warmly. The civilization here is more than 7000 years old. Iran has snow-capped mountains, lush, deep forests, dry deserts with picturesque dunes and salt lakes. Green forests are found in the northern areas of Iran. It is home to many beautiful cities.

In which other countries the value of Indian Rupee is very high?

Sierra Leone's economy has also been in a lot of trouble in the recent past. Currently, one Indian Rupee is equal to 238.32 Rupees there. Similarly, in Indonesia, the value of 1 Indian Rupee is equal to 190 Rupees. In Vietnam, this value is around 300 Rupees. All these are beautiful countries, where one can easily travel in less money. Vietnam is known for its beautiful natural locations as well as street food.

The whole world goes to Indonesia for tourism. Indians also go here for tourism on a large scale. Indonesia is called a group of islands. You will also find temples of many ancient Indian gods and goddesses here.

PC:News18