Share |
Home
Africa
Asia
Australasia
Caribbean
Europe
Middle East
North America
South America
Mobile Site
LOCAL CURRENCY IN IRAN

Want to know how much is your money worth in Iran? The money used in Iran is called Rial.

The Iranian Rial is issued and managed by the Central Bank of the Islamic Republic of Iran. To find out the current currency exchange rates for Rial to other major currencies of the world, click on foreign currency rates.

Iranian Currency Information
Currency Converter

The currency used in Iran is called as the Rial. This currency is denoted with the currency sign ???? and the ISO 4217 Code for the Iranian Rial is IRR. The Rial, is the official currency of the Iran . It is divided into 100 smaller units called dinar.

The constitution of Iran provides that the Iran government shall have the power to print the Iranian Rial and dinar coins to be used as a legal tender in Iran. The Iranian Rial bank notes and Dinar coins are both designated as "legal tender" in payment of debts.

The Iranian Rial bill uses the decimal system, consisting of 100 equal units.

The symbol ????, usually written before the numerical amount, is used for the Iranian Rial.

Currently printed bank notes denominations are 50, 100, 2000, 5000 rials 100, 200, 500, 1000, 2000, 5000, 10 000, 20 000, 50 000, 100 000 rials and the coins are minted in the denominations of 250, 500, 1000 rials .

FEATURED VIDEO
INTERNATIONAL AIRLINES
* Airlines Worldwide
* Aerofloat flights
* Air France flights
* American flights
* British Airways flights
* Emirates flights
* Iberia flights
* KLM flights
* Lufthansa flights
* Malaysian flights
* Singapore flights
* Thai Airways flights
* United Airlines flights
USEFUL LINKS
The Effect of Balance of Trade and Investment on the Value of Iranian Rial
Financial analysts regularly cite the balance of trade and investment in Iran as the most important influence on the value of the Rial. The difference between what the Iran exports and imports in terms of goods and services to and from other countries can be obtained from a balance of trade statement.

The balance of investment on the other hand represents the difference in exports and imports of capital. If exports from Rial exceed imports from other countries, in either the balance of trade or balance of investments, it is called a surplus. The term deficit is used when the imports into Rial exceed exports to other countries. The points below go into detail to explain on how the balance of trade and balance of investments affect the Iranian Rial.
©Currencyname.com
2017

Home | About Us | Contact Us | Partnership | Privacy | Disclaimer | Sitemap |
Website Hosted by
Business Web Hosting Company