Money matters in Iran

What is Iran's currency?

The official currency of Iran is the Rial (pronounced ree-yaal).

Please note that depending on market trends, the exchange rate could differ on a daily basis.

Iranian coins (sekkeh) are issued in values of 50, 100, 250, 500 and 1,000 rials and are only marked in Persian numerals.

Banknotes in Iran are issued in 500, 1,000, 2,000, 5,000, 10,000, 20,000, 50,000 and 100,000 rial notes. These notes are easy to read as they are printed in Persian and English.

Iran has domestic ‘Travel’ checks worth 500,000 IRR and 1,000, 000 IRR

While amounts of money and prices of goods are always written in rials, Iranians usually express amounts of money and prices of goods in "tomans." For example, 5,000 rials is 500 tomans and 100,000 rilas is 10,000 tomans (3 USD).

 

Can I use my credit cards in Iran?

International credit cards are not accepted in Iran and most visitors opt for bringing cash and exchanging their currencies into rials once in Iran.

If you run out of cash while using these cards, you can contact us to choose from a variety of solutions we have prepared for you.

Please contact us via email for further inquiries.

 

Where can I exchange my money?

Once you finish with passport check and retrieve your luggage there are several exchange booths before and after custom’s check, where you can change money and get the Iranian Rial. However, we advise that you only exchange a small amount to avoid the transaction rate which could be as high as 15 to 20 %. You will get a much better rate at exchange offices in the city.

Please note that depending on market trends and currency fluctuations, the exchange rate may not be fixed and could differ on a daily basis.

Travelers, who wish to exchange money instead of using toiran.com solutions, can also contact us directly to receive information regarding exchange offices.