1 IRR to CVE - Convert Iranian Rial to Cape Verdean Escudo

Looking at the 30-day window, the IRR/CVE pair traded in a range of 0.000072 to 0.000100. The monthly average was 0.000099 with 4.99% volatility. This downward movement of 28% suggests significant momentum in the IRR/CVE exchange rate.

The current mid-market exchange rate is 1 IRR = 0.000070 CVE, updated as of July 3, 2026, 6:23 AM UTC. Mid-market rates represent the fairest available rate and are the midpoint between buy and sell prices on global currency markets. Actual transaction rates from banks or money transfer services may include a markup above this rate.

Iranian Rial to Cape Verdean Escudo Exchange Rate

The IRR/CVE exchange rate tells you how many Cape Verdean Escudo (CVE) you receive for every Iranian Rial (IRR). At the current mid-market rate of 1 IRR = 0.000070 CVE, this pair reflects live supply and demand conditions on the global foreign exchange market. The rate updates every 15 minutes on this page, giving you the most current data available.

What Affects the IRR to CVE Rate

Exchange rates between Iranian Rial and Cape Verdean Escudo are influenced by central bank interest rate decisions, inflation differentials, trade balances, and broader economic data releases from both countries. Political stability, commodity prices, and global risk sentiment can also cause significant moves. Monitoring these factors helps explain why the IRR/CVE rate fluctuates throughout trading sessions and over longer time periods.

How to Get the Best IRR to CVE Rate

To minimize conversion costs, compare the rate offered by your bank or transfer service against the mid-market rate shown on this page. Online money transfer services and fintech apps often provide rates 2-3% better than traditional banks. For larger amounts, the savings from finding a competitive rate can be substantial. Always check the total cost including both the exchange rate markup and any fixed fees charged by the provider.

Historical IRR/CVE Trends

The IRR/CVE exchange rate has fluctuated over time in response to economic cycles, policy changes, and global events. Reviewing historical charts helps identify whether the current rate is relatively favorable or unfavorable compared to recent averages. The 30-day, 90-day, and 1-year chart views on this page provide visual context for understanding where today's rate sits within the broader trend.

Iranian Rial Overview

The Iranian Rial (IRR) is the official currency of Iran. International sanctions have severely limited the rial's convertibility and created multiple exchange rates. Understanding the fundamentals behind IRR helps contextualize its exchange rate movements against CVE and other currencies.

Mid-Market Rate Explained

The mid-market rate of 1 IRR = 0.000070 CVE shown on this page is the fairest available exchange rate. It sits exactly between the buy and sell prices quoted by major financial institutions. No single provider can offer exactly the mid-market rate since their business model requires a small spread, but the best providers come within 0.5-1% of this benchmark. Use our rate as your comparison baseline.