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Iranian rial
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The rial is the official currency of Iran. It is subdivided into 100 dinars, but due to the rial's low purchasing power, the dinar is not practically used.
Iranian rial
The Iranian rial remained relatively stable against the U.S. dollar until late 2011 when it lost two-thirds of its value within two years.
The Iranian rial remained relatively stable against the U.S. dollar until late 2011 when it lost two-thirds of its value within two years.
A golden daric coin minted during the time of the ancient Persian Empire
A golden daric coin minted during the time of the ancient Persian Empire
Defaced banknote
Defaced banknote
10000 IRR 1981 Typ 2 Back
10000 IRR 1981 Typ 2 Back
Central Bank of Iran
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The Central Bank of the Islamic Republic of Iran, also known as Bank Markazi, was established under the Iranian Banking and Monetary Act in 1960. It serves as the banker to the Iranian government and
Iranian rial
…Iranian rial had fallen nearly five-fold since the beginning of 2018, contributing to the record inflation. Reason cited by analysts is the fact that the government has been printing money in excess of the economic growth. The rial's exchange rate dropped by 29% after the nationwide protests that began on September 16, 2022, following the death of…
Bank Markazi Tower, headquarters of the Central Bank of Iran since 2005
Bank Markazi Tower, headquarters of the Central Bank of Iran since 2005
First building of Iran's Central Bank on Ferdowsi Street in Tehran, viewed from rear
First building of Iran's Central Bank on Ferdowsi Street in Tehran, viewed from rear