Iran Currency

The Iranian rial is the official Iran currency. Previously toman used to be the Iran currency. Although the "toman" is no longer used as an official unit of Iran currency, Iranians frequently use amounts of money and prices of goods in old currency "tomans." For this purpose, one "toman" is equal to 10 rials. Despite this usage of toman, amounts of money and prices of goods are almost always written in rials. For example, the sign next to a piece of vegetable in a store would state the price in rials instead of toman, for e.g., 10,000 rials, is an amount of a commodity then even if you ask the seller he would say that the thing costs "1000 tomans" as Iran currency. There is no official symbol for the Iran currency, but the Iranian standard ISIRI 820 has described a symbol for use on typewriters. 

Iran Currency Value

The Iranian rial was decreased in value in July 2013 to half its previous value as the government reduced subsidization of the exchange rate against the dollar which was priced quite high. In December 2016, the Iranian government again announced the country's currency would be changed back from the rial to the commonly used toman. Such a move certainly requires the approval of the Iranian Parliament.

Iran Currency to PKR

One Iranian rial equals 0.0029 rupees. Iran currency rate is quite strong. The suggestion to change it to toman will be approved in the coming future because that had been commonly used. Iran currency is used for selling goods and commodities.

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