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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.
Iran’s currency fell to a record low on Sunday, plunging to 613,500 to the dollar, as its people celebrated the Persian New Year. On Sunday, people were trying to exchange rials for foreign ...
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 ...
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.
TEHRAN, Iran (AP) — Iran’s currency fell on Wednesday to an all-time low as Donald Trump clinched the U.S. presidency again, signaling new challenges ahead for Tehran as it remains locked in the wars raging in the Middle East. The rial traded at 703,000 rials to the dollar, traders in Tehran said. The rate could still change throughout the day.
Abbasi (currency) I. Iranian qiran; Iranian rial; Iranian toman; S. ... This page was last edited on 1 April 2019, at 01:58 (UTC).
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 ...
Iran's unit of currency is the rial which had an average official exchange rate of 9,326 rials to the U.S. dollar in 2007. [37] Rials are exchanged on the unofficial market at a higher rate. In 1979, the government nationalized private banks.