Persian Currency and Money:
The rial (ریال in Persian; code IRR) is the currency of Iran. It is subdivided into ~100 dinar but, because of the very low current value of the rial, no fraction of the rial is used in accounting.
The toman (ten rial) is now frequently used to express Iranian / Persian currency.
Prices are mostly marked in tomans such as 1,000 toman, 10,000 toman and 1 Million Toman ...
Persian Currency History:
- In 1798 the rial was first introduced as a coin worth 1250 dinar or one eighth of a toman.
- In 1825, the rial ceased to be issued, with the qiran of 1000 dinars (one tenth of a toman) being issued as part of a decimal system.
- In 1932 the rial replaced the qiran.
|Old Persian currency
||Shah Abbas I
||Fath Ali Shah (1825)
||Fath Ali Shah (1798)