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Israel vs Iran Currency: Israeli and US strikes on Iranian targets, set off retaliatory missile attacks across the Middle East, revealing a clear economic divide. The Israeli Shekel stayed resilient at 3.14 per dollar, while the Iranian Rial slid to an all-time low of 1.75 million per dollar, reflecting sharply different economic conditions.
Israeli Shekel vs Iranian Rial: Which currency is stronger?
The Israeli Shekel (ILS) is overwhelmingly stronger than the Iranian Rial (IRR). As of March 1, 2026:
Currency Pair
Exchange Rate
1 Israeli Shekel
= 421,031 Iranian Rials (approx.)
1 Iranian Rial
= 0.00000237 Israeli Shekels
This means that one Israeli Shekel buys more than 400,000 Iranian Rials, showing the Rial’s full devaluation due to decades of economic isolation and sanctions.
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