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Currency in Iran


Currency in Iran

The rial (﷼ in Persian) (IRR) is the currency of Iran, however prices are often quoted in toman (تومان). One toman is equal to ten rials. US$1 and €1 can get you about 10,000 and 14,000 rials respectively. Coins are issued in values of 50, 100, 250, 500, 1,000, 2,500 and 5,000 rials with banknotes produced in 100, 200, 500, 1,000, 2,000, 5,000, 10,000, 20,000 , 50,000 and 100,000. If you remember that a green 10,000 note is approximately equal to a US dollar you won't get confused. For large amounts you will see Iran Cheques being used, these are in 500,000 (~US$50) and 1,000,000 (~US$100) rial denominations. They are now used in the same way as cash. Although Iranians often express amounts of money and prices of goods in "tomans", however despite the usage of "toman" verbally, amounts of money and prices of goods and services are virtually always written in rials.

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Iran Travel Guide from Wikitravel. Many thanks to all Wikitravel contributors. Text is available under Creative Commons Attribution-ShareAlike 3.0, images are available under various licenses, see each image for details.

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