rial

noun (1)
ri·​al | \ rē-ˈȯl How to pronounce rial (audio) , -ˈäl \
variants: or less commonly

Definition of rial

 (Entry 1 of 2)

the basic monetary unit of Iran, Oman, and Yemen — see Money Table

rial

noun (2)
ri·​al

less common spelling of

the basic monetary unit of Qatar and Saudi Arabia — see Money Table

Examples of rial in a Sentence

Recent Examples on the Web: Noun The sanctions dealt a heavy blow to an economy that was already struggling, exacerbating unemployment and sending the Iranian rial into a tailspin. Maryam Rahmanian, WSJ, "U.S. sanctions falling hard," 23 Dec. 2020 The rial has lost more than 30% of its value to the dollar since June as sweeping U.S. sanctions on Iran continue to crush its ability to sell oil globally. Bloomberg.com, "Iran Dismisses U.S. Efforts At UN Sanctions as Currency Drops," 20 Sep. 2020 The economy has shrunk, while the Iranian rial has lost 80% of its value against the dollar. The Editorial Board, WSJ, "Biden, Iran and the Bomb," 27 Nov. 2020 The country's currency, the rial, has plummeted in value against the U.S. dollar over the past year. NBC News, "Iran's Covid death toll may be four times the government's official tally, says top doctor," 28 Oct. 2020 The Iranian rial hit a low on the unregulated open market on Sunday, weakening 4.6% compared with last week and briefly breaching 280,000 per U.S. dollar, according to two currency trading channels on the Telegram messaging app. Nick Wadhams, Bloomberg.com, "U.S. Issues New Iran Sanctions, But Most Nations Reject Move at UN," 21 Sep. 2020 Masks range from the equivalent of 10 U.S. cents to $3, which can be a lot, as the Iranian rial has fallen to historic lows against the dollar. Washington Post, "Iran mandates masks as public shrugs off resurgent virus," 5 July 2020 The collapse of the currency, the rial, by more than two thirds and the return of double-digit inflation mean only the country’s elites and industries protected by the state have been buffered from the worst effects of the downturn. Golnar Motevalli, Bloomberg.com, "A Mother’s Pain Bares the Rifts Tearing Iran Apart," 5 May 2020 With inflation above 30% and the value of the Iranian rial dropping, there is little incentive to open a savings account at home. The Economist, "A bizarre bazaar Why Iran has the world’s best-performing stockmarket," 23 May 2020

These example sentences are selected automatically from various online news sources to reflect current usage of the word 'rial.' Views expressed in the examples do not represent the opinion of Merriam-Webster or its editors. Send us feedback.

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First Known Use of rial

Noun (1)

1930, in the meaning defined above

History and Etymology for rial

Noun (1)

Persian, from Arabic riyāl riyal

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Cite this Entry

“Rial.” Merriam-Webster.com Dictionary, Merriam-Webster, https://www.merriam-webster.com/dictionary/rial. Accessed 14 Apr. 2021.

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More from Merriam-Webster on rial

Britannica English: Translation of rial for Arabic Speakers

Britannica.com: Encyclopedia article about rial

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