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In 1945, the rial was pegged to the U.S. dollar at USD 1 = Rls 32.25. The rate was US$1 = Rls 75.75 in 1957. Iran did not follow the dollar's currency devaluation in 1973, leading to a new peg of USD 1 = Rls 68.725. The dollar peg was dropped in 1975. [citation needed] In 1979, Rls 70 equalled USD 1.
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.
De Facto Classification of Exchange Rate Arrangements, as of April 30, 2021, and Monetary Policy Frameworks [2] Exchange rate arrangement (Number of countries) Exchange rate anchor Monetary aggregate target (25) Inflation Targeting framework (45) Others (43) US Dollar (37) Euro (28) Composite (8) Other (9) No separate legal tender (16) Ecuador ...
The qiran (Persian: قران; also Romanized kran) was a currency of Iran between 1825 and 1932. It was subdivided into 20 shahi or 1000 dinar and was worth one tenth of a toman . The rial replaced the qiran at par in 1932, although it was divided into one hundred (new) dinars .
Iran and Russia have finalised an agreement to trade in their local currencies instead of the U.S dollar, Iran's state media reported on Wednesday. The agreement was finalised during a meeting ...
From the establishment of the Imperial Bank of Iran (during the era of Naser al-Din Shah Qajar), the first series of Iranian banknotes commissioned by the bank in 1269 in England and by the printing house Bradbury Wilkinson and Company in numbers 1, 2, 3, 5, 10, 20, 25, 50, 100, 500 and 1000 Tomans. All the bills, except for the thousand toman ...
Coins of Iran (1 C, 2 P) Pages in category "Currencies of Iran" ... Iranian rial; Iranian toman; S. Security Printing and Minting Organization This page was ...
Tumen, or tümen ("unit of ten thousand"; [1] Old Turkic: tümän; Mongolian: Түмэн, tümen; [2] [3] Turkish: tümen; Hungarian: tömény), was a decimal unit of measurement used by the Turkic and Mongol peoples to quantify and organize their societies in groups of 10,000.