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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 value of the rial declined precipitously after the Islamic Revolution because of capital flight from the country.
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 ...
Pages in category "Banknotes of Iran" The following 4 pages are in this category, out of 4 total. ... 10,000 rial note; 20,000 rial note; 50,000 rial note; 100,000 ...
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 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. Despite the qiran no longer being an official denomination, the term ...
[1] [2] The modern gold dinar is a projected bullion gold coin, and as of 2019 is not issued as an official currency by any state. ... 1 ⁄ 100 of the Iranian rial;
Iran's monetary base reached 3,721.46 trillion rials (nearly $12 billion) in September 2020 while M2 reached $95 billion (i.e. 26% and 36.2% increase in one year respectively), while the money multiplier effect (which shows how much the monetary base could create new money in the economy) had reached an all-time high), thus explaining the rise ...
How are today's protests in Iran different from those that happened in 2009? The 2009 protests were about a rigged election, but today’s protests are about the entire system.