YER 500 = IRR 84878.95
Convert1 YER = 169.7579 IRR | 1 IRR = 0.00589 YER
Last Updated Feb 14, 5:30 ISTOur converter applies the mid-market rate. It is solely for informational purposes. The Rate might differ while transferring money.
YER to IRR Exchange Rate Chart
1 YER = 169.7579 IRR
The exchange value of 500 YER in Iranian Rial is 84878.950 IRR as on Feb 14.
You can check the exchange rate of 500 Yemeni Rial to Iranian Rial by using the Paytm currency exchange rate calculator.
All you need to do to see the exchange 500 YER to IRR online is as follows:.
There are several online ways to convert YER to IRR.
Most banks in India allow YER to IRR conversion through their internet banking or mobile apps.
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Apps like Wise, PayPal, and Western Union allow YER to IRR conversion quickly.
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A Forex card is a prepaid card that holds multiple currencies, including YER.
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Some people use crypto exchanges to convert USD to INR through Bitcoin, Ethereum etc.
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There are several offline methods to exchange YER to IRR. Let‘s explore them.
1. Banks
Banks offer currency exchange services at competitive rates. You need to visit a branch with your YER cash and exchange it for IRR.
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Private money exchange centers, like Thomas Cook, Muthoot Forex, and Western Union, offer offline YER to IRR conversion.
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Airports have forex counters where travelers can exchange YER to IRR.
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Some hotels and travel agencies offer currency exchange services for guests.
Steps to Exchange YER to IRR at a Hotel or Travel Agency:
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In busy markets and tourist spots, you may find local money changers who exchange YER for IRR
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Most offline exchanges require identity proof. Here are the common documents needed:
Document Type | Required For |
---|---|
Passport | All exchanges (mandatory for foreigners) |
Always carry a valid ID when exchanging currency.
Method | Exchange Rate | Transfer Fee | Availability | Speed |
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Bank Transfer | Low | Low | Limited hours | 1-3 days |
Any Third Party App | High | Low | 24/7 | Instant/Few minutes |
Forex Card | Medium | Low | 24/7 | Instant |
Crypto Exchange | High | Low | 24/7 | Few minutes |
Exchange Centers | Good | Medium | Widely available | Few minutes |
Airport Counters | High | High | 24/7 at airports | Few minutes |
Hotels/Agencies | Very High | Medium | Only for guests | Few minutes |
Local Money Changers | Varies | Low | Risky but quick | Few minutes |
Converting Yemeni Rial (YER) to Iranian Rial (IRR) offers several advantages, depending on your financial needs and market conditions. Here are some key benefits:
YER is a strong and widely traded currency. If the exchange rate is favorable, converting YER to IRR can give you more value for your money.
Since 1 YER equals a significantly higher amount in IRR, converting YER to IRR increases your purchasing power, allowing you to afford more goods and services in Iran.
If you‘re an NRI, tourist, or returning from the Yemen, converting YER to IRR ensures you have local currency for daily expenses, shopping, and travel within Iran.
Converting YER to IRR can help you invest in Iran assets, such as real estate, stocks, mutual funds, and fixed deposits, which often offer higher returns compared to Yemen markets.
Using a direct YER to IRR conversion method (like Forex cards or money changers) helps avoid unnecessary fees and unfavorable exchange rates charged by international payment gateways or credit card companies.
For businesses involved in international trade, converting YER to IRR at the right time can help optimize costs, manage foreign exchange risks, and improve profit margins.
By choosing the right conversion method and timing, you can maximize the benefits of YER to IRR exchange.
Source of the rates:apilayer.com