Iran’s central bank says inflation at World War II levels; eco pain deepening for Iranians

 Iran’s currency has lost roughly 20,000 times its value since 1979 due to US sanctions, political turmoil, and economic mismanagement. The rial fell from 70 per USD to over 1.4 million.

Why has Iran’s rial lost about 20,000× of its value since 1979?

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iran inflation

Iran’s central bank says inflation at World War II levels; eco pain deepening for Iranians

Why has Iran’s rial lost about 20,000× of its value since 1979?