Iranians use Rials in banknotes, coins, official deals and use Tomans informally. Rials are the printed and Tomans are the discussed currencies. So, when you want to buy something at a store
, pay for taxi and shopping, you are facing Tomans, not Rials.
When a taxi driver says the price from getting here to there is 5000, he means Tomans, which means that you’ll be paying using a 50,000 Rial note. Since we have too many zeros in our banknotes (Check out Iran banknotes below), sometimes people even don’t bother to say 3000 or 5000 tomans and prefer saying 3 or 5 Tomans! You can see why the government is thinking about changing the currency to make purchases more practical. You’ll also quickly get a feel for the prices of items and which currency value you are being quoted. Thus, whenever you are paying something you can ask them and check it again to see if it’s the right price.
Iranian Rial (IRR, symbol Rls).
Currently, we use eight different banknotes (100,000, 50,000, 20,000, 10,000, 5,000, 2,000, 1,000 and 500 Rials) and five different coins (5000, 2000, 1000, 500 and 250 Rials).
If they’re not falling apart, Iranian banknotes are easy to read as the numbers and names are printed in Farsi
and English. However, coins are only marked in Persian (Farsi).
The one challenge you will come across is that most Iranians don’t talk in Rials; which is a bit strange since it is the printed currency. At first, this will be a bit confusing and it’s easy to think you’re being ripped off when in fact the price was just quoted in Tomans and not Rials. Ask if you’re unsure! Since you’re a tourist in Iran, some Iranians may try to make things easier and give you the value for your purchases in Rials or even in dollars to help you out.
Credit Cards and Travelers Cheques
Due to the sanctions against Iran even common, major credit cards like Visa and MasterCard are not accepted in Iran; so bring cash or try credit cards issued by local banks in Iran. It is not possible to exchange travelers’ cheques either. We have a way for you to make things easier. With our Iran e-wallet service, you can get Travel debit card for tourist and also for businesses
. With MOI card you can do whatever you can with a debit card, in Iran.
Sat-Wed 07:30-13:30, Thurs 07:30-12:30.
The import and export of local currency is limited to Rs 500,000. Any amount larger requires authorization from the Central Bank. The import of foreign currency is unlimited, provided that it is declared on arrival. The export of foreign currency is limited to the amount declared on arrival.