In the last 15 years, the value of the Iranian currency has been and continues to decrease. From 1963 to 1973, the economic growth in Iran was extremely high. In such a way that inflation was an average of 3% per year and the welfare of the Iranian people increased 4 times within a decade.
In 1979, the Islamic Revolution occurred in Iran. By seizing the American embassy, the revolutionaries turned old friends into enemies. The 8-year Iran-Iraq war and the American sanctions against Iran caused Iran's economic situation to worsen continuously. Iran has been involved in the Dutch disease since 1974 and this economic disease continues until now.
Since 2017, Iran's oil sales have decreased a lot. President Trump decided to reduce Iran's oil sales to zero, and he succeeded.
Although the American sanctions had a great negative effect on Iran's economy, more than 74% of Iranian people do not consider America to be their enemy.
Iranians believe that corruption, wrong political and economic structure caused the current problems.
Most Iranian people believe that friendly relations should be established with America and other countries of the world, and that enmity is of no use.
The Iranian government pretends that the Iranian people are enemies of America and Israel, when this is not true.
In the last 5 years, the purchasing power of Iranian people has decreased by 88%. Iran's inflation has been more than 40% per year in the last 5 years. Iran's inflation reached 107% last year, but the government announced that Iran's inflation rate is 55%.
Today, Iran's currency has become so weak that there are no coins. Iran has 5 countries whose currency is worthless.
If you search on the internet on April 30th, how many rials is equal to one US dollar, you will come across the number of 420,000 rials. This number is not real and on this date the value of each US dollar is equal to 54000 Rials.

The value of the Iranian currency has decreased so much that the government has decided to subtract 4 zeros from each banknote. This is the reason why 100,000 Rials is written on some bills and the number 10 is written on another part of the bill.

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