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Iranian rial

Currency
Local nameریال 
ISO 4217 CodeIRR
Official userIran Iran
Inflation9% (2010 est.) - Iranian official estimate
Superunit
10toman
Subunit
1/100dinar
Symbolریال
Coins and Banknotes
Freq. used coins250, 500, 1000 rials
Rarely used coins50, 100, 2000, 5000 rials
Central bankCentral Bank of the Islamic Republic of Iran

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The rial (in Persian: ریال; ISO 4217 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.

Although the "toman" is no longer an official unit of Iranian currency, Iranians commonly express amounts of money and prices of goods in "tomans." For this purpose, one "toman" equals 10 rials. Despite this usage, amounts of money and prices of goods are virtually always written in rials. For example, the sign next to a loaf of bread in a store would state the price in rials, e.g., "200 Rials," even though the clerk, if asked, would say that the bread costs "20 tomans."

There is no official symbol for the currency but the Iranian standard ISIRI 820 defined a symbol for use on typewriters (mentioning that it is an invention of the standards committee itself) and the two Iranian standards ISIRI 2900 and ISIRI 3342 define a character code to be used for it. The Unicode Standard has a compatibility character defined .


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