Our One Rupee is Rs 500 In This Currency!

One rupee in our currency is equal to Rs 500 in their currency. If we give Rs 1 then we can get Rs 500 in return. But do you where is this country? Iran is dubbed as the nation with the least oil reserves in the world. As when we are giving Rs 83 for one US dollar and Rs 271 for a Kuwait Dinar, it is interesting that one rupee is Rs 500 in Iran currency.

Iran which was one of the biggest oil producers in the world is facing issues with the sanctions imposed by the superpower nation America. Its currency value is very low. Iran’s currency is called Rial-E-Dinar. Due to the fear of the US, many nations are not purchasing oil from Iran. With this, its economy has been shrinking.

Despite the problematic economy, Iran has been maintaining good ties with India. One Indian rupee is equal to 507.22 Iran Rials. If an Indian goes to Iran with Rs 10,000 in hand then he or she can have a luxurious travel and stay in five-star hotels. Five-star hotels charge Rs 7000 while normal five-star hotel charges between Rs 2000 to Rs 4000. Three-star hotels charge even less amount.

An Indian can have luxurious and comfortable travel with Rs 10000 in hand in Iran. It costs Rs 7000 maximum to stay in Five-star hotels per day. If they go for mid-range five-star hotels and three-star hotels then the costs will be less. Iran is doing business with only a few nations including India with currency. It is a big crome to have American currency.