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Iranian Rial

   

Iran - Iranian Rial

10 Iranian Rial = one mist

International designation: IRR, domestic - IR

Denomination banknotes in circulation: 10,000, 5000, 2000, 1000, 500, 200 and 100 riyal

Value of coins in circulation 250, 100, 50, 20, 10 and 5 riyal

History

The country currency was developing quite slowly, but now it can be noted only that it is not high quality and very little has incorporated elements of security.

However, it is necessary to tell all about it. First of all it is worth noting that the country's monetary unit existed in the form of coins. That is the first naturally coin appeared more developed countries.

After that, the country imported currency nearby countries, and still quite a long time the country had no national system of its own.

Nevertheless, it appeared, of course, the first attempts to introduce a national currency had a pretty abysmal result, the currency to be not interesting, was the small size and therefore there was no security at all.

Still, the currency has existed in the country for a long time and only quite recently it was modified and became more serious options, though it is far from world standards.

In the country and currently is in use a lot of exchange of foreign origin, it is not suppressed and punished, so very many people use the U.S. dollar.

Coming into the country should take into account that the quality of the monetary unit is not perfect, and so the fraudsters can take advantage of your ignorance of the monetary system.

It is better to change money in the bank, although in many hotels on the contrary you have to pay its currency.

It is worth pointing out that the Government intends to make the currency more stable and a full monetary reform, but when it happens no one knows.

Features

Special attention is given to features not worth it, maybe even because they simply do not.

Currency in classical style, namely, on the obverse the politician, but on the other side, the image of certain cultural values.

The development of tourism is weak, in addition, it is worth to point out that colors are very modest, was chosen a few colors and shades of red and brown. And the rest of the currency requires careful revision. It should be pointed out that elements of the security system used by the weak, enabling fraudsters to use it in their favor.

Additionally

In tourist areas accept for payment U.S. dollars, pounds and euros, in other parts of the country they illegally walking, although this rule is ignored everywhere.

Currency can be exchanged at the airport in Tehran, in some hotels or banks, exchange offices (very few) on the streets and markets, and only at the official rate. You can make an exchange and a large number of private money changers on the market, which usually offer the most favorable rate, but officially it is illegal, although in practice and not prosecuted.