Iranian rial
The
rial (ریال in
Persian;
ISO 4217 code
IRR) is the official currency of
Iran. It consists of 100
dinars, but the rial is worth so little these days that no fraction of the rial is used in accounting anymore.
The rial was first introduced in 1798 as a coin worth 1250 dinars 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. The rial replaced the kran at par in 1932, although it was divided into one hundred (new) dinars. The toman is no longer an official denomination but the term still enjoys wide usage among Iranians today as an amount of ten rials. Most Iranians state the value of things in tomans - not rials.In 1979, after the Islamic Revolution, Iranian banknotes featuring the
Shah's face were counterstamped with intricate designs to cover the Shah's face.
There is no official symbol for the currency, but the Iranian standard ISIRI 820 defined a symbol for use on typewriters, 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 for "RIAL SIGN" [﷼] at the position U+FDFC.
Coins in circulation are: 50, 100, 250, and 500 rials. The 5 and 10 rials are still legal tender but not issued anymore.
Banknotes in circulation are: 100, 200, 500, 1000, 2000, 5000, 10,000 and 20,000 rials.
That means the highest-valued bill is worth less than 2 EUR.
*
Central Bank of the Islamic Republic of Iran
