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The Iranian Rial (IRR) is the official currency of Iran, used for all transactions within the country. It is subdivided into smaller units called 'dinar,' although the dinar is rarely used in practice due to the high inflation and devaluation of the rial over the years.
The United Arab Emirates Dirham (AED) is the official currency of the United Arab Emirates (UAE), introduced in 1973. It is subdivided into 100 fils and is used widely across the seven emirates, facilitating trade and economic activities within the region.