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Iranian Currency and Coin Collection
Toman - Rial - Iranian / Persian Currency
Online Museum of Persian Currency & Coins
Persian / Iranian Currency
10 Rials = 1 Toman
Reza Shah Pahlavi:
10, 20,
5, 10, 20, 100, 500, 1000

Azarbaijan:
50

Mohammad Reza Shah Pahlavi:
5, 10, 20 (1944) 500(1948),
100(1953), 1000(1961), 100(1963)
50, 100, 500 (1969)
20, 50(stamp), 100 (50th Anniv.),
1000 (stamp), 5000, 10000 (1975)

Islamic Republic Of Iran:
100, 200, 500,
1000, 2000, 5000, 10000, 20000
1000, 5000, 10000

Iranian Coins New Iranian Coins at FarsiNet Toman

Rial Exchange Rate
Exchange Rate history

Rial Exchange Freeze FAQ

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Key Features of the Iran Exchange System

The currency of Iran is the Iranian Rial (IRR). From early 80s to 2001, Iran had a multi-exchange-rate system; one of these rates, the official floating exchange rate, by which most essential goods were imported, averaged 1,750 rials per US dollar; in March 2002, the multi-exchange-rate system was converged into one rate at about 7,900 rials per US dollar.

The English-language Tehran Times on Monday February 1, 1999 urged the government to scrap the different rates in favour of a unified exchange rate. "A single rate will help wipe out the black market and cure the nation's ailing economy as well."

The Unofficial - Street Exchange Rate used among small businesses and private transactions was much higher than official multi-exchange-rate prior to 2002. Since going to a single exchange rate the official and "Street-rate" have come much closer. The rates listed below are based on the official exchange rate posted by the Iran Central Bank. We compare the official and "Street-rates" to ensure rates listed below are the most accurate indicative of the true IRR-USD exchange rate. US Dollar (USD) is the most widely used foreign currency and the new $100 bills are preferred for street transactions and get the best rate.

Exchange control authority is vested in Bank Markazi Jomhouri Islami Iran (Central bank of Islamic Republic of Iran). All foreign exchange transactions must take place through the banking system.

Iran Currency Exchange Rate History: 1975 - 2009

DateUS DollarEuroBritish PoundJapanese Yen
12/04/200810,12412,82914,908108.72
11/10/200810,07512,95915,862101.55
09/09/20089,74313,76317,13890.42
07/29/20089,21514,50518,33685.61
04/30/20089,19814,28518,10888.35
10/30/20079,32713,42419,25481.25
09/11/20079,31712,86318,90181.96
05/18/20079,25612,52818,29076.85
02/08/20079,23211,98918,17076.16
09/18/20069,20211,64717,25577.85
05/08/20069,18811,69217,07682.34
02/04/20069,15010,99916,12876.94
01/01/20069,09610,77515,68177.15
12/11/20059,08310,74815,94875.34
11/14/20059,07110,65815,83976.62
10/24/20059,06010,82516,01878.37
09/17/20059,02611,02416,28381.06
08/22/20059,00510,97616,17382.17
08/03/20059,00011,09215,99081.03
06/03/20058,97010,95916,25083.17
05/12/20058,91311,45116,75984.28
04/30/20058,90511,49517,00884.89
03/12/20058,87011,75016,67685.05
01/04/20058,81111,78216,67685.05
11/04/20048,77811,14816,09082.46
09/07/20048,74810,55415,55579.45
08/03/20048,71210,47415,85978.53
07/15/20048,67410,70816,06079.03
06/26/20048,64010,48615,73780.18
04/29/20048,56510,25815,20877.52
03/26/20048,53410,27315,36880.02
03/14/20048,46010,37415,30476.34
03/05/20048,42310,41215,53975.05
03/01/20048,39510,44615,67876.90
02/24/20048,38710,63315,85177.45
02/16/20048,37010,66915,78579.36
01/26/20048,37210,52015,26678.78
11/30/20038,36010,02214,37976.31
10/14/20038,3909,75013,84276.42
05/30/20038,1809,69013,33569.25
04/22/20038,1558,95212,86268.05
03/15/20038,0978,71312,84568.30
12/01/20027,9818,34212,80267.34
07/30/20027,9277,80112,40266.43
07/30/20027,9277,80112,40266.43
05/01/20011,755NA2,51614.16
12/30/20001,755NA2,62315.30
12/15/19991,755NA2,84517.06
12/15/19981,755NA2,95615.08
08/20/19971,755NA2,82614.87
12/31/19961,755NA2,65413.69
05/15/19961,750NA2,96813.39
12/01/19951,750NA2,71317.02
12/15/19941,750NA2,73417.43
12/30/19931,750NA2,62415.69
03/30/19931,543NA2,30213.22
12/15/19921,459NA2,28611.80
10/01/19921,439NA2,56312.03
06/30/19921,430
08/20/1984945
03/15/197871.46
01/08/197671
06/12/197570

Exchange rate from Central Bank of Iran
Exchange rate Bank Saderat Iran - Iran Export Bank
Rial exchage rate from Yahoo Finance

Worldwide Currency Exchange Calculator

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Note 1:From 1997 to 2001, Iran had a multi-exchange-rate system; one of these rates, the official floating exchange rate, by which most essential goods were imported, averaged 1,750 rials per US dollar; in March 2002, the multi-exchange-rate system was converged into one rate at about 7,900 rials per US dollar

Note 2:Another account of Iranian Government official exchange rates - Iranian rials (IR) per US$1-1,754.63 (January 1999), 1,751.86 (1998), 1,752.92 (1997), 1,750.76 (1996), 1,747.93 (1995), 1,748.75 (1994); black market rate: 7,000 rials per US$1 (December 1998); note-as of May 1995, the "official rate" of 1,750 rials per US$1 is used for imports of essential goods and services and for oil exports, whereas the "official export rate" of 3,000 rials per US$1 is used for non-oil exports and imports not covered by the official rate.

Iran's Exchange Rate Freeze: Is it Appropriate? Is it sustainable?

Money Exchange Companies

FarsiNet does not make any recommendations on the following exchange companies. You are encouraged to do your own research on the trust worthyness of any such company you may use. The best method is to ask your friends and family for any such company or person they might have used.
  • Bijan Money Exchange
    18663 Ventura Blvd., Suite 227, Tarzana, California 91356 Telephone for Iranian Currency Exchange818-776-9191
  • Homa International Trade & Finance
    Over 17 years of business history from New York (Empire State Building)
    Up to date Exchange Rates
    Transfer money to Iran and other countries
    347 Fifth Ave Suite #1104, New York, New York 10016 Telephone for Iranian Currency Exchange212-683-8405 Toll Free Telephone for Iranian Currency Exchange800-443-7004 Fax for Iranian Currency Exchange212-683-3617
  • Pars Exchange
    Finance & Exchange, We Buy, Sell & Exchange $US <-> Toman Telephone for Iranian Currency Exchange Fax for Iranian Currency Exchange281-492-7063
  • Persepolis Int. - An established Exchange company in Canada
  • Shirazi Money Exchange Inc. Telephone Number for Iranian Currency Exchange301-294-6892
  • Taheri Finance & Exchange Inc.
    Edison Center, 2345 Yonge St. Suite 805, Toronto, ON M4P 2E5 Telephone Number for Iranian Currency Exchange1-888-712-9999 Fax for Iranian Currency Exchange416-488-4022

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