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Iranian Currency and Coin Collection
Toman - Rial - Iranian / Persian Currency
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Persian / Iranian Currency
10 Rials = 1 Toman
Reza Shah Pahlavi:
10, 20,
5, 10, 20, 100, 500, 1000

Azarbaijan:
50

Mohammad Reza Shah Pahlavi:
5, 10, 20 (1944) 500(1948),
100(1953), 1000(1961), 100(1963)
50, 100, 500 (1969)
20, 50(stamp), 100 (50th Anniv.),
1000 (stamp), 5000, 10000 (1975)

Islamic Republic Of Iran:
100, 200, 500,
1000, 2000, 5000, 10000, 20000
1000, 5000, 10000

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Rial Exchange Rate
Exchange Rate history

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تاريخ نرخ ريال ايران
Iran Currency Exchange Rate History: 1975 - 2024

Iran currently has two exchange rates, one formally fixed by the Central Bank of Iran and another informal, open market rate that's sold to the public via currency exchange shops and traders on street corners (Street Rate).
DateUS DollarEuroBritish PoundJapanese YenSwiss FrancChina Yuan
03/15/2023Free Market => 462,000486,500556,000347,50500,000669,50
02/27/2023Free Market => 584,000619,100702,300429,00623,250841,00
12/28/2022Free Market => 440,000467,600530,150328,00474,350631,00
02/15/2021Official => 42,000
Street => 255,500		47,905
309,800		52,746
355,300		392
2425		44,424
286,950		6,005
39,550
10/16/2020Official => 42,000
Street => 322,500		47,905
377,200		52,746
415,850		392
3055		44,424
352,500		6,005
48,050
07/17/2020Official => 42,000
Street => 242,500		47,905
276,850		52,746
304,650		392
2260		44,424
257,250		6,005
34,650
09/25/2019Official => 42,000
Street => 115,500		46,046
126,500		51,973
142,200		390
1070		42,387
116,500		6,137
16,150
08/01/2019Official => 42,000
Street => 121,750		46,046
128,600		51,973
146,300		390
1087		42,387
119,300		6,137
17,300
10/24/2018Official => 42,625
Street => 165,500		49,703
176,500		56,186
192,200		384
1070		42,982
116,500		6,426
16,150
07/02/2018Official => 42,625
Street => 83,600		49,703
97,500		56,186
111,500		384
750		42,982
84,500		6,426
12,600
06/23/2018Official => 42,600
Street => 90,500		49,820
98,850		56,843
92,500		383
619		42,800
67,800		6,500
12,830
05/09/2018Official => 42,000
Street => 67,300		49,791
80,700		56,843
92,500		383
619		41,856
67,800		6,592
10,650
04/10/2018Official => 42,000
Street => 61,000		51,709
72,000		59,330
88,000		392
535		43,880
60,000		5,688
9,100
01/17/2018Official => 36,609
Street => 44,650		44,647
55,900		50,594
62,500		329
400		37,954
47,500		5,688
7,150
12/07/2017Official => 35,370
Street => 41,800		41,740
50,800		47,330
58,500		315
380		35,740
43,800		5,348
6,600
09/22/2017Official => 33,570
Street => 38,950		39,899
46,850		45,292
52,500		298
350		34,566
41,000		5,095
6,500
01/26/2017Official => 32,360
Street => 38,490		34,806
42,100		40,965
48,900		285
345		32,406
39,000		4,704
5,600
10/31/2016Official => 31,778
Street => 36,300		34,855
39,840		38,729
44,350		303.25
350		32,170
36,700		4,684
5,450
04/17/2016Official => 30,289
Street => 34,670		34,180
39,300		43,025
49,300		278.41
320		31,293
36,100		4,608
5,550
01/05/2016Official => 30,159
Street => 37,080		32,414
40,070		44,225
54,400		254.16
281		29,889
37,050		4,608
5,730
10/01/2015Official => 29,956
Street => 34,850		33,713
39,400		45,424
52,700		249.92
272		30,846
35,800		4,713
5,550
08/26/2015Official => 29,930
Street => 34,100		33,962
39,700		46,390
53,400		249.25
275		31,401
36,300		4,671
5,380
03/10/2015Official => 27,995
Street => 33,900		29,392
36,900		41,774
51,650		230.16
261		27,645
34,800		4,472
5,520
12/29/2014Official => 27,109
Street => 35,650		33,020
43,500		42,173
55,500		240.57
273		27,466
36,015		4,356
5,361
12/01/2014Official => 26,880
Street => 34,010		33,292
40,875		42,058
53,000		240.57
273		27,659
36,015		4,373
5,361
09/10/2014Official => 26,627
Street => 31,850		34,436
41,450		42,924
51,700		250.57
298		28,521
34,350		4,345
5,350
05/26/2014Official => 25,574
Street => 32,870		34,830
45,120		43,047
53,370		250.08
293		28,535
36,870		4,100
5,490
04/17/2014Official => 25,500
Street => 31,890		35,293
43,970		42,928
53,270		250.08
293		28,973
36,080		4,101
5,460
03/16/2014Official => 25,008
Street => 30,480		34,784
42,360		41,694
50,860		246.74
284		28,665
34,860		4,067
5,150
01/26/2014Official => 24,846
Street => 29,600		33,983
40,490		40,821
48,840		242.92
281		27,784
32,230		4,108
4,910
12/30/2013Official => 24,774
Street => 30,080		34,044
41,335		40,821
49,597		235.27
286		27,763
33,732		4,066
4,940
12/11/2013Official => 24,787
Street => 30,100		34,108
42,350		40,756
49,700		241.41
304		27,937
34,050		4,082
5,315
10/02/2013Official => 24,835
Street => 30,500		33,579
41,200		40,169
49,000		254.01
312		27,392
33,800		4,057
5,200
09/25/2013Official => 24,791
Street => 34,125		33,531
45,385		39,867
55,870		250.95
341.30		27,253
37,450		4,052
5,615
07/18/2013Official => 24,797
Street => 38,650		29,875
49,185		34,425
57,720		190.75
385.80		22,125
39,620		3,740
6,050
04/10/2013Official => 12,284
Street => 36,500		16,271
47,450		19,005
54,750		127.47
350.50		13,205
39,235		1,981
5,886
04/18/2012Official => 12,260
Street => 19,050		16,152
18,700		19,426
23,570		146.9113,3911,939
03/17/2012Official => 12,260
Street => 17,180		16,152
18,700		19,426
23,570		146.9113,3911,939
01/16/2012Official => 11,298
Street => 16,950		14,287
19,900		17,295
23,950		143.5011,8441,783
12/29/2011Official => 11,165
Street => 15,200		14,433
19,900		17,250
23,950		143.5011,8441,753
12/26/2011Official => 11,100
Street => 15,150		14,410
19,890		17,240
23,930		141.0011,8401,745
12/21/2011Official => 11,030
Street => 15,300		14,380
19,940		17,230
23,900		140.5011,8351,720
10/29/201110,70015,14017,250141.1312,3961,683
06/13/201111,72516,80719,024145.6613,8491,808
06/09/201111,72617,14219,242146.5114,0311,810
05/10/201110,50215,08417,186130.2711,9651,617
12/31/201010,37013,85216,072127.4311,0551,573
10/28/201010,42514,53816,720129.6410,6071,562
06/14/201010,41812,69015,213113.3810,3571,465
12/17/200910,01114,38916,252110.989,4581,449
12/04/200810,12412,82914,908108.728,9261,427
11/10/200810,07512,95915,862101.559,1751,403
09/09/20089,74313,76317,13890.429,3401,379
07/29/20089,21514,50518,33685.61
04/30/20089,19814,28518,10888.35
10/30/20079,32713,42419,25481.25
09/11/20079,31712,86318,90181.96
05/18/20079,25612,52818,29076.85
02/08/20079,23211,98918,17076.16
09/18/20069,20211,64717,25577.85
05/08/20069,18811,69217,07682.34
02/04/20069,15010,99916,12876.94
01/01/20069,09610,77515,68177.15
12/11/20059,08310,74815,94875.34
11/14/20059,07110,65815,83976.62
10/24/20059,06010,82516,01878.37
09/17/20059,02611,02416,28381.06
08/22/20059,00510,97616,17382.17
08/03/20059,00011,09215,99081.03
06/03/20058,97010,95916,25083.17
05/12/20058,91311,45116,75984.28
04/30/20058,90511,49517,00884.89
03/12/20058,87011,75016,67685.05
01/04/20058,81111,78216,67685.05
11/04/20048,77811,14816,09082.46
09/07/20048,74810,55415,55579.45
08/03/20048,71210,47415,85978.53
07/15/20048,67410,70816,06079.03
06/26/20048,64010,48615,73780.18
04/29/20048,56510,25815,20877.52
03/26/20048,53410,27315,36880.02
03/14/20048,46010,37415,30476.34
03/05/20048,42310,41215,53975.05
03/01/20048,39510,44615,67876.90
02/24/20048,38710,63315,85177.45
02/16/20048,37010,66915,78579.36
01/26/20048,37210,52015,26678.78
11/30/20038,36010,02214,37976.31
10/14/20038,3909,75013,84276.42
05/30/20038,1809,69013,33569.25
04/22/20038,1558,95212,86268.05
03/15/20038,0978,71312,84568.30
12/01/20027,9818,34212,80267.34
07/30/20027,9277,80112,40266.43
07/30/20027,9277,80112,40266.43
05/01/20011,755NA2,51614.16
12/30/20001,755NA2,62315.30
12/15/19991,755NA2,84517.06
12/15/19981,755NA2,95615.08
08/20/19971,755NA2,82614.87
12/31/19961,755NA2,65413.69
05/15/19961,750NA2,96813.39
12/01/19951,750NA2,71317.02
12/15/19941,750NA2,73417.43
12/30/19931,750NA2,62415.69
03/30/19931,543NA2,30213.22
12/15/19921,459NA2,28611.80
10/01/19921,439NA2,56312.03
06/30/19921,430
08/20/1984945
03/15/197871.46
01/08/197671
06/12/197570

Central Bank of Iran - Exchange Rates
Bonbast - Iran Currency Street Exchange Rate
Rial exchage rate from Yahoo Finance

Worldwide Currency Exchange Calculator

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Iran currently has two exchange rates, one formally fixed by the Central Bank of Iran and another informal, open market rate that's sold to the public via currency exchange shops and traders on street corners (Street Rate). When there is a wide descripancy between the Official and the actual Street exchange rate, both rates are listed. In 2012 this gap increased to 3X. For example on April 2013, the official Iran Central Bank Exchange Rate for Dollar was 12,284 Rial - but no private business or individual could get such exchange rate. The actual dollar exchange rate was 36,500 Rial rather than the official 12,284 Rial. In July 2013, after Rial falling to its all time low of around 40,000 to 1 US dollar - the Central Bnk of Iran upgraded its official exchange rate from 12,284 to a more reasonable 20,750 and in August to 24,500 but still well below the actual street exchange rate.

Key Features of the Iran Exchange System

The currency of Iran is the Iranian Rial (IRR). From early 80s to 2001, Iran had a multi-exchange-rate system; one of these rates, the official floating exchange rate, by which most essential goods were imported, averaged 1,750 rials per US dollar; in March 2002, the multi-exchange-rate system was converged into one rate at about 7,900 rials per US dollar.

The English-language Tehran Times on Monday February 1, 1999 urged the government to scrap the different rates in favour of a unified exchange rate. "A single rate will help wipe out the black market and cure the nation's ailing economy as well."

The Unofficial - Street Exchange Rate used among small businesses and private transactions was much higher than official multi-exchange-rate prior to 2002. Since going to a single exchange rate the official and "Street-rate" have come much closer. The rates listed below are based on the official exchange rate posted by the Iran Central Bank. We compare the official and "Street-rates" to ensure rates listed below are the most accurate indicative of the true IRR-USD exchange rate. US Dollar (USD) is the most widely used foreign currency and the new $100 bills are preferred for street transactions and get the best rate.

Exchange control authority is vested in Bank Markazi Jomhouri Islami Iran (Central bank of Islamic Republic of Iran). All foreign exchange transactions must take place through the banking system.

Note 1:From 1997 to 2001, Iran had a multi-exchange-rate system; one of these rates, the official floating exchange rate, by which most essential goods were imported, averaged 1,750 rials per US dollar; in March 2002, the multi-exchange-rate system was converged into one rate at about 7,900 rials per US dollar

Note 2:Another account of Iranian Government official exchange rates - Iranian rials (IR) per US$1-1,754.63 (January 1999), 1,751.86 (1998), 1,752.92 (1997), 1,750.76 (1996), 1,747.93 (1995), 1,748.75 (1994); black market rate: 7,000 rials per US$1 (December 1998); note-as of May 1995, the "official rate" of 1,750 rials per US$1 is used for imports of essential goods and services and for oil exports, whereas the "official export rate" of 3,000 rials per US$1 is used for non-oil exports and imports not covered by the official rate.

Iran's Exchange Rate Freeze: Is it Appropriate? Is it sustainable? (07/09/2003)

Money Exchange Companies

FarsiNet does not make any recommendations on the following exchange companies. You are encouraged to do your own research on the trust worthyness of any such company you may use. The best method is to ask your friends and family for any such company or person they might have used.
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