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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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تاريخ نرخ ريال ايران
Iran Currency Exchange Rate History: 1975 - 2024

Iran currently has two exchange rates, one formally fixed by the Central Bank of Iran and another informal, open market rate that's sold to the public via currency exchange shops and traders on street corners (Street Rate).
DateUS DollarEuroBritish PoundJapanese YenSwiss FrancChina Yuan
03/15/2023Free Market => 462,000486,500556,000347,50500,000669,50
02/27/2023Free Market => 584,000619,100702,300429,00623,250841,00
12/28/2022Free Market => 440,000467,600530,150328,00474,350631,00
02/15/2021Official => 42,000
Street => 255,500
47,905
309,800
52,746
355,300
392
2425
44,424
286,950
6,005
39,550
10/16/2020Official => 42,000
Street => 322,500
47,905
377,200
52,746
415,850
392
3055
44,424
352,500
6,005
48,050
07/17/2020Official => 42,000
Street => 242,500
47,905
276,850
52,746
304,650
392
2260
44,424
257,250
6,005
34,650
09/25/2019Official => 42,000
Street => 115,500
46,046
126,500
51,973
142,200
390
1070
42,387
116,500
6,137
16,150
08/01/2019Official => 42,000
Street => 121,750
46,046
128,600
51,973
146,300
390
1087
42,387
119,300
6,137
17,300
10/24/2018Official => 42,625
Street => 165,500
49,703
176,500
56,186
192,200
384
1070
42,982
116,500
6,426
16,150
07/02/2018Official => 42,625
Street => 83,600
49,703
97,500
56,186
111,500
384
750
42,982
84,500
6,426
12,600
06/23/2018Official => 42,600
Street => 90,500
49,820
98,850
56,843
92,500
383
619
42,800
67,800
6,500
12,830
05/09/2018Official => 42,000
Street => 67,300
49,791
80,700
56,843
92,500
383
619
41,856
67,800
6,592
10,650
04/10/2018Official => 42,000
Street => 61,000
51,709
72,000
59,330
88,000
392
535
43,880
60,000
5,688
9,100
01/17/2018Official => 36,609
Street => 44,650
44,647
55,900
50,594
62,500
329
400
37,954
47,500
5,688
7,150
12/07/2017Official => 35,370
Street => 41,800
41,740
50,800
47,330
58,500
315
380
35,740
43,800
5,348
6,600
09/22/2017Official => 33,570
Street => 38,950
39,899
46,850
45,292
52,500
298
350
34,566
41,000
5,095
6,500
01/26/2017Official => 32,360
Street => 38,490
34,806
42,100
40,965
48,900
285
345
32,406
39,000
4,704
5,600
10/31/2016Official => 31,778
Street => 36,300
34,855
39,840
38,729
44,350
303.25
350
32,170
36,700
4,684
5,450
04/17/2016Official => 30,289
Street => 34,670
34,180
39,300
43,025
49,300
278.41
320
31,293
36,100
4,608
5,550
01/05/2016Official => 30,159
Street => 37,080
32,414
40,070
44,225
54,400
254.16
281
29,889
37,050
4,608
5,730
10/01/2015Official => 29,956
Street => 34,850
33,713
39,400
45,424
52,700
249.92
272
30,846
35,800
4,713
5,550
08/26/2015Official => 29,930
Street => 34,100
33,962
39,700
46,390
53,400
249.25
275
31,401
36,300
4,671
5,380
03/10/2015Official => 27,995
Street => 33,900
29,392
36,900
41,774
51,650
230.16
261
27,645
34,800
4,472
5,520
12/29/2014Official => 27,109
Street => 35,650
33,020
43,500
42,173
55,500
240.57
273
27,466
36,015
4,356
5,361
12/01/2014Official => 26,880
Street => 34,010
33,292
40,875
42,058
53,000
240.57
273
27,659
36,015
4,373
5,361
09/10/2014Official => 26,627
Street => 31,850
34,436
41,450
42,924
51,700
250.57
298
28,521
34,350
4,345
5,350
05/26/2014Official => 25,574
Street => 32,870
34,830
45,120
43,047
53,370
250.08
293
28,535
36,870
4,100
5,490
04/17/2014Official => 25,500
Street => 31,890
35,293
43,970
42,928
53,270
250.08
293
28,973
36,080
4,101
5,460
03/16/2014Official => 25,008
Street => 30,480
34,784
42,360
41,694
50,860
246.74
284
28,665
34,860
4,067
5,150
01/26/2014Official => 24,846
Street => 29,600
33,983
40,490
40,821
48,840
242.92
281
27,784
32,230
4,108
4,910
12/30/2013Official => 24,774
Street => 30,080
34,044
41,335
40,821
49,597
235.27
286
27,763
33,732
4,066
4,940
12/11/2013Official => 24,787
Street => 30,100
34,108
42,350
40,756
49,700
241.41
304
27,937
34,050
4,082
5,315
10/02/2013Official => 24,835
Street => 30,500
33,579
41,200
40,169
49,000
254.01
312
27,392
33,800
4,057
5,200
09/25/2013Official => 24,791
Street => 34,125
33,531
45,385
39,867
55,870
250.95
341.30
27,253
37,450
4,052
5,615
07/18/2013Official => 24,797
Street => 38,650
29,875
49,185
34,425
57,720
190.75
385.80
22,125
39,620
3,740
6,050
04/10/2013Official => 12,284
Street => 36,500
16,271
47,450
19,005
54,750
127.47
350.50
13,205
39,235
1,981
5,886
04/18/2012Official => 12,260
Street => 19,050
16,152
18,700
19,426
23,570
146.9113,3911,939
03/17/2012Official => 12,260
Street => 17,180
16,152
18,700
19,426
23,570
146.9113,3911,939
01/16/2012Official => 11,298
Street => 16,950
14,287
19,900
17,295
23,950
143.5011,8441,783
12/29/2011Official => 11,165
Street => 15,200
14,433
19,900
17,250
23,950
143.5011,8441,753
12/26/2011Official => 11,100
Street => 15,150
14,410
19,890
17,240
23,930
141.0011,8401,745
12/21/2011Official => 11,030
Street => 15,300
14,380
19,940
17,230
23,900
140.5011,8351,720
10/29/201110,70015,14017,250141.1312,3961,683
06/13/201111,72516,80719,024145.6613,8491,808
06/09/201111,72617,14219,242146.5114,0311,810
05/10/201110,50215,08417,186130.2711,9651,617
12/31/201010,37013,85216,072127.4311,0551,573
10/28/201010,42514,53816,720129.6410,6071,562
06/14/201010,41812,69015,213113.3810,3571,465
12/17/200910,01114,38916,252110.989,4581,449
12/04/200810,12412,82914,908108.728,9261,427
11/10/200810,07512,95915,862101.559,1751,403
09/09/20089,74313,76317,13890.429,3401,379
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

Central Bank of Iran - Exchange Rates
Bonbast - Iran Currency Street Exchange Rate
Rial exchage rate from Yahoo Finance

Worldwide Currency Exchange Calculator

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Iran currently has two exchange rates, one formally fixed by the Central Bank of Iran and another informal, open market rate that's sold to the public via currency exchange shops and traders on street corners (Street Rate). When there is a wide descripancy between the Official and the actual Street exchange rate, both rates are listed. In 2012 this gap increased to 3X. For example on April 2013, the official Iran Central Bank Exchange Rate for Dollar was 12,284 Rial - but no private business or individual could get such exchange rate. The actual dollar exchange rate was 36,500 Rial rather than the official 12,284 Rial. In July 2013, after Rial falling to its all time low of around 40,000 to 1 US dollar - the Central Bnk of Iran upgraded its official exchange rate from 12,284 to a more reasonable 20,750 and in August to 24,500 but still well below the actual street exchange rate.

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.

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? (07/09/2003)

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.
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