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  Money Changers

The currency in Iran, or the money used, is called the Rial (pronounced ‘reeyaal’). The Rial is like the dollar or a pound in that is made up of 100 pieces, in Iran called dinars. However, due to high inflation one Rial is worth so little that no fraction of it is really used on a day to day basis.
The Rial was first introduced as the currency in Iran in 1798 as a coin. Back then it was worth 1250 dinars. Then in 1825 the Rial ceased to be issued. The Kran of 1000 dinars was then issued as part of a decimal system. The Rial replaced the Kran at par in 1932, although it was divided into one hundred (new) dinars.
When talking money in Iran you may hear the term Toman (Toe'man). The Toman is an old term but is no longer an official currency. However it is is still used on a daily basis in Iran and it refers to the amount of ten rials.
1 Iranian Rial (IRR) = 100 dinars.
Notes are in denominations of IRR 1,000 & 2,000 &  5,000 & 10,000 & 20,000 & 50,000
Coins are in denominations of IRR 5, 10, 20, 50, 100, 250 and 500
In the old times, Coins were available in 50 Dinars (10 Shahi, 1/2 Rial), 1, 2, 5, and 10 Rilas. Bank notes were available in denominations of 10, 20, 50, 100, 200, 500, 1000, 2000, 5000 and 10000 Rials.


Money Changers

Name

Contacts Web Site
Bank of Industry & Mine 88798782 www.imfc.ir
Day 88553935  
Eghtesad Novin 22902241 www.novinexchange.ir
Karafarin 88664592 www.karafarinexchange.com
Maskan 66751251  
Melli 66700294 www.mex.ir
Mehr 88345550 www.mehrexchange.com
Mellat 66703040  
Parsian 88535012 www.parsian-exchange.ir
Pasargad 22055255 bpi.ir/exchange_company
PostBank 81563036  
Refah 88457173 www.refahexchange.com
Saman 88480034 www.samanexchange.com
Sarmayeh 88890498 www.sbank.ir
Sepehr 66747721 http://www.bsi.ir
Sepah 22269623  
Shahr 88491667 www.shahrexchange.com
Tejarat 77621013 www.tejarat-exchange.com
Tosea-Saderat 88559034 www.bgwexchange.com
Tehran municipality, Public & International Relations Department
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