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A proposal has been agreed to by the Iranian Parliament to drop one zero at the end of number, by replacing the rial with a new currency called the toman, the name of a previous Iranian currency, at the rate of 1 toman = 10,000 rials. [19] As of 2024, the Iranian rial is the world’s least valuable currency, worth less than the Sierra Leonean ...
The Iranian rial on Wednesday fell to its lowest level in history, losing more than 10% of value since Donald Trump won the U.S. presidential election in November and signaling new challenges for ...
In 2015, during Iran’s nuclear deal with world powers, the rial was at 32,000 to $1. On July 30, the day that Iran’s reformist President Masoud Pezeshkian was sworn in and began his term, the rate was 584,000 to $1. Trump unilaterally withdrew America from the accord in 2018, sparking years of tensions between the countries that persist today.
The Iranian toman (Persian: تومان, romanized: tūmân, pronounced [tuː.mɒːn]; from Turko-Mongolian tümen "unit of ten thousand", [1] [2] [a] see the unit called tumen) is a superunit of the official currency of Iran, the rial. One toman is equivalent to 10 (old), or 10,000 (new, official) rials. [8] Originally, the toman consisted of ...
The ten thousand rial banknote is a denomination of Iranian currency that was considered its largest denomination for decades. [1] The banknote has had many different versions, featuring portraits of three Iranian rulers. Its latest version was published in 2017.
The rial plunged to 820,500 to the dollar on the unofficial market, compared to 808,500 rials on Friday, according to Bonbast.com, which reports exchange rates.
The Iranian rial hit a record low against the U.S. dollar on the unofficial market on Monday amid a deterioration in the economic situation and the reimposition of sanctions by the United States.
The one hundred thousand rial banknote is a denomination of Iranian currency that was issued in 2010, replacing the 50,000 rial note as the largest denomination. [1] The bill features Rouhollah Khomeini's portrait on the front and the Tomb of Saadi on the back. [2]