Currency in Iran
(Rial vs toman):
This one is easier than it sounds. Even though there are two different names for the Iranian currency. Rial, as seen on banknotes, is the official currency of Iran. Toman, on the other hand, is what people use in their everyday lives.
But wait, there’s one small thing: One Toman is equal to 10 Rials. So, for example, you are holding a banknote that says: one hundred thousand Rials: 100 000. Now, if you want to change Toman to Rial, you only have to remove one of the zeros. 100 000 Rials = 10 000 Toman. Peasy? Definitely.
But, wait, there’s more. In everyday conversations in Iran, it gets difficult to use all the hundreds and the thousands all the time. So, in the spoken language only (and never in written language) people don’t say the thousand. To get back to our example, 100 000 rial banknote, or the 10 000 tomans, people say 10 Tomans! Hah! From all those big numbers, we got to a simple 10.
Carring cash in iran:
Iran’s banking system is not connected to the international banking system because of sanctions; thus VISA and other Mastercards are useless
Sometimes, it’s also possible to pay with your own credit card in some big shops, especially carpet shops. However, the transaction is costly, and the seller has to take a commission, usually about 10%.There are some new services to provide tourists with a debit card: Tourist Cards. These cards are connected to the national banking network of Iran, and you can get cash from an ATM using your credit card.
Tourists who want to travel to Iran must bring enough money for their entire stay.changing well is totally safe and easy. Always pay attention to change in an official moneychanger, which displays the rates to the public, and do not do it in the street, which is illegal. There are plenty of moneychangers inside the city centre, often offering a better rate:In Tehran you can Go to Ferdowsi Street.
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