Iran is a country in the Middle East that has been gaining popularity as a travel destination in recent years. It boasts a rich cultural heritage, stunning landscapes, and warm and welcoming people. If you’re planning a trip to Iran, one of the most important things to know is the official Iranian currency. In this article, we will be discussing the official currency used in Iran, including the Iranian Toman and Rial, and we invite you to stay with Enterpersia for more information on traveling to Iran.


The Iranian Currency Name

The official currency of Iran is the Iranian Rial, which is abbreviated as IRR. The Rial has been the currency of Iran since 1932, and it is issued by the Central Bank of Iran. However, many Iranians use the term “Toman” instead of “Rial” in their daily lives. The Toman is not an official currency, but rather a colloquial term that refers to 10 Rials. For example, if something costs 1,000 Tomans, it actually costs 10,000 Rials. This can be confusing for tourists, but it’s important to be aware of this difference when exchanging money in Iran.


Obtaining Iranian Currency

If you’re traveling to Iran, you will need to obtain Iranian currency. The easiest way to do this is by exchanging money at a bank or currency exchange office upon arrival at one of the airports in Iran. It’s important to note that due to international sanctions, it can be difficult to use credit cards in Iran, so it’s best to bring cash with you. You can also exchange money at any bank or currency exchange office throughout the country, but it’s always best to check the exchange rate before making a transaction.


Impact of Sanctions on the Iranian Currency

Iran has been subject to international sanctions that have had a significant impact on the Iran economy, including its currency. The sanctions have limited Iran’s ability to export oil and conduct international transactions, which has led to a shortage of foreign currency in the country. This has caused the value of the Iranian Rial to decrease significantly in recent years, making it more difficult for Iranians to afford basic necessities and causing inflation rates to skyrocket.


Enterpersia is Always with You

If you travel to Iran with Enterpersia, we will be able to assist you in navigating the currency. We can provide you with up-to-date exchange rates and help you exchange money at a reputable currency exchange office. We can also help you obtain an Iran visa, which is required for most foreign visitors to Iran. Enterpersia offers a variety of Iran tour packages that include accommodations, transportation, and guided tours, making it easy for you to explore Iran without having to worry about currency exchange or other logistical details.


How to Calculate Rial and Toman

The official currency of Iran is Rial. The currency included on banknotes, coins, bank checks and official documents is Rial. But you should note that Iranians almost always use the Toman unit in their conversations and daily purchases and transactions. So that this currency difference does not confuse you, it is enough to know that each Toman is equal to 10 Rials. So, to convert any amount from Rial to Toman, just remove a zero from its right side.


Final word

The official currency of Iran is the Iranian rial, which is abbreviated as IRR. While many Iranians use the term “toman” in their daily lives, it is important to be aware of the difference between the two when exchanging money in Iran. Due to international sanctions, it is almost impossible to use credit cards in Iran, so it’s best to bring cash with you. Enterpersia can assist you in obtaining Iranian currency and navigating the currency when traveling to Iran. With this information, you can enjoy your trip to Iran with ease and confidence.