The exchange rate for Iranian Rial (IRR) returned by the API appears to be incorrect and significantly lower than the real market rate.
Current API value:
Expected (market) value:
A reliable reference for the real market rate can be found here:
https://bonbast.com/
Issue:
The discrepancy is quite large (~15–17%), which makes the IRR rate unreliable for any real-world usage such as pricing, conversions, or financial calculations.
Possible cause:
- The data source for IRR might be outdated or using an official/government rate instead of the free-market rate.
- IRR is a special case currency with multiple exchange rates (official vs. black market), so the source selection is critical.
Suggestion:
- Consider updating the IRR source to reflect real market rates (e.g., Bonbast or similar aggregators).
- Alternatively, document clearly which rate is being used (official vs. market) so users can interpret it correctly.
Steps to reproduce:
- Fetch latest rates from the API
- Compare IRR value with live rates from https://bonbast.com/
Impact:
High — affects accuracy for anyone relying on IRR conversions.
The exchange rate for Iranian Rial (IRR) returned by the API appears to be incorrect and significantly lower than the real market rate.
Current API value:
Expected (market) value:
A reliable reference for the real market rate can be found here:
https://bonbast.com/
Issue:
The discrepancy is quite large (~15–17%), which makes the IRR rate unreliable for any real-world usage such as pricing, conversions, or financial calculations.
Possible cause:
Suggestion:
Steps to reproduce:
Impact:
High — affects accuracy for anyone relying on IRR conversions.