BusinessAugust 10, 2026

rial

ree-AHL

Definition

The basic monetary unit of Iran.

Etymology

Derived from the Spanish and Portuguese 'real,' meaning 'royal.' It was adopted as a currency name in various countries with historical links to Iberian trade or colonial influence.

In the news

The article uses 'rial' to describe Iran's currency, which is suffering from extreme inflation and devaluation. Its plummeting value is a primary driver of the record-high misery index discussed in the piece.

Iran’s ‘misery’ index hits record high — and about to get worse under Trump’s latest move

Read the full article ↗

New York Post

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