Value
From 1874 to 1895 the value of qiran depreciated by half, from 1 qiran equal to 9.6 pence (d) to 4.8 d, which then kept that value for the next few years. In 1930, the exchange rate with the British pound was pegged at 1 pound = 59.75 qiran.
Read more about this topic: Iranian Qiran
Famous quotes containing the word value:
“And those handmade presents that children often bring home from school: They have so much value! The value is that the child put whatever he or she could into making them. The way we parents respond to the giving of such gifts is very important. To the child the gift is really self, and they want so much for their selves to be acceptable, to be loved.”
—Fred Rogers (20th century)