Currency in Iran

Currency in Iran

When you travel to Iran so before you visit Iran you need to know more information about currency in Iran. The official currency of Iran is called Rials also known as toman. Another fact about Iran currency is that through daily monetary processes is used as a substitution for Rials. For this purpose, one "toman" equals 10 Rials. If you consider this exchange as something confusing, don’t worry, just put your finger on the last zero of the currency, in order to find out how much that is in Toman. During your Iran tour, you will understand how is currency in Iran and how you can use it. It’s not a tough task you will understand within few minutes.

Bank Notes and coins in Iran

Iranian banknotes come in various forms such as

Banknotes currently in circulation are 1000, 2000, 5000, 10,000, 20,000, 50,000 and 100,000 Rials.

Iran cheques/Cash cheques of 500,000 and 1,000,000 Rials denominations.

Iranian Coins currently in circulation are 500, 1,000, 2,000, 5,000 Rials.

International Credit Cards in Iran

No international Credit Cards/Debit cards also no international ATM or Traveler's cheques can be used in Iran in one word we have no international financial communication system currently.

Foreign currency use in Iran

The traveler should have enough cash during the trip. Most of all kind of international currency easily can be the exchange in bank and forex office. The currency that you can bring to Iran and change here without facing any problem is.

USD – US Dollar

CAD – Canadian Dollar

NZD – New Zealand Dollar

AUD – Australian Dollar

GBP – British Pound

EUR – Euro

CHF – Swiss Franc

TRY – Turkish lira

Among you can bring one of them it also depends on your country of origin and your own choice but we prefer you to bring USD or EUR. These you can change easily anywhere and at good exchange rates.

Exchange money in Iran

Pay attention some of the hotels also help you to change your currency in IRR or handicraft shops are ready to receive dollar or euro but the exchange rate will be set by them, so it's better for you to exchange your money through the money-changing not through the bank as the rates are different.

Now maybe few questions will pop-up in your mind so here I try to answer them.

Q & A

Q: When I travel to Iran what currency I can bring to Iran?

A: You can bring such as

USD – US Dollar

CAD – Canadian Dollar

NZD – New Zealand Dollar

AUD – Australian Dollar

GBP – British Pound

EUR – Euro

CHF – Swiss Franc

TRY – Turkish lira

Q: When I visit Iran where I can change them to Iranian Rials (Toman)?

A: You can change them in banks and currency exchange offices.

Q: When I visit Iran how I can understand the exchange rates?

A: Exchange rates change every day you can check current rates in banks and forex exchange office at the time of exchange.

Q: When I travel to Iran it’s easy to change USD to Iranian Rials (Toman)?

A: Yes, you can easily change them in the bank, forex exchange office base on that day exchange rates.

Q: What is the difference between Iranian Rials and toman?

A: there is no difference between Iranian Rials and toman its have difference of name and one less Zero as printed on a banknote. For daily use in Iran, people call it Toman.

Q: if I am doing any kind of shopping so I can use word Rials or toman?

A: Yes, you can use both words it makes no difference.

Q: Can I use my MasterCard/Visa Card in Iran?

A: No, you can’t. Because we have no international financial communication system currently.

Q: What is Iran cheques/Cash cheques in Iran?

A: it’s another type of cash currency come in form of 500,000 and 1,000,000 denominations.

Q: What denominations banks notes are used in Iran?

A: Iranian banknotes come in various forms such as

Banknotes currently in circulation are 1000, 2000, 5000, 10,000, 20,000, 50,000 and 100,000

Rials.

Iran cheques/Cash cheques of 500,000 and 1,000,000 Rials denominations.

Iranian Coins currently in circulation are 500, 1,000, 2,000, 5,000 Rials.

Q: there is any difference in ran cheques/Cash cheques?

A: No, there isn’t any difference between them just know by different names.

Q: How much money I can bring to Iran with me when I visit Iran?

A: You are allowed to bring about 10,000 USD or equivalent.

Q: What denominations bank notes I can bring with me when I visit Iran?

A: You can bring any denominations bank notes with you but we prefer to bring 100,200,500, 1000 denominations of any international currency.

Q: What is the best currency to take to Iran during my travel to Iran?

A: You can bring any international currency to Iran but we prefer USD or EURO it’s easy to change with good exchange rates.

Q: Where I can do an exchange in Tehran?

A: When you travel to Iran you can exchange your currency in many places in Tehran, but Ferdowsi Sq. is the main hub of exchange, there you can find many banks and forex exchange office.

Q: How much among I can exchange at one time?

A: You can change as per as your need.

Q: Do I need to give any kind of document to make an exchange in banks or forex exchange office?

A: Yes, you need to give your passport copy to make exchange done in banks or forex exchange office.

Q: What can I do with my with the money left in my hands at the time of my departure date.

A: You can use them at the airport for shopping, buy souvenir four your family and friends. You can also change them to USD or EURO or any another currency at airport exchange office before immigration check post.