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In 1998, in order to ease pressure on exporters, the central bank introduced a currency certificate system allowing exporters to trade certificates for hard currency on the Tehran Stock Exchange, thus creating a floating value for the rial known as the "TSE rate" or "market rate". This method finally replaced the fixed "export rate" (Rls 3,000 ...
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 words "Central Bank of the Islamic Republic of Iran" are written in small print in the middle of the banknote above the words ten thousand rials and on the back of the banknote under Mount Damavand in Latin script, which can be seen with a magnifying glass. The bottom of the right corner of the banknote is in the form of a diagonal flower ...
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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]
The local name of the currency is used in this list, with the adjectival form of the country or region. ... International dollar – hypothetical currency pegged 1:1 ...
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From 1941 to 1979, Iran was ruled by King Mohammad Reza Pahlavi, the Shah. On February 11, 1979, the Islamic Revolution swept the country.