Largest and Smallest Banknote Denominations

Some countries have heavily adapted their monetary policy, printing larger and smaller denomination banknotes in response to their needs. Large denomination bills are often printed to facilitate cash transactions in countries that are suffering from hyperinflation, while small denominations are… Read More

Iran Economy Facing High Inflation

Iran’s economy continues to struggle leading to crushing inflation and low currency value, internationally. Especially during the health epidemic going on in the world right now. The current official exchange rate is 42,000 Iranian Rials to the US Dollar. However… Read More