You pack your bags for traveling to Iran, collect all your documents such as passports, tickets, etc., and also your credit card for travel expenses, unaware that you cannot use your credit card (Master, visa, etc.) in Iran. Actually, you need cash in Iran. Now, these questions arise: How much money should I take to Iran? What is the Iranian currency? Can I use my debit card, and how to exchange money in Iran? What is the Iran currency exchange rate? Which currency can be exchanged in Iran? Etc.
Notably, although Iran is an affordable destination, it has special economic conditions. Therefore, before traveling to Iran, you should have enough information about the Iranian currency.
Hence, we provide you with the information you need about money in Iran as a tourist on this page.
What is Iran Currency? Rial or Toman?
Iranian currency is confusing for a tourist visiting Iran. Firstly, Iran’s official currency is the Iranian Rial (with the ISO code IRR). And you see this official unit on the Iranian banknotes and coins. Secondly, the Iranians say prices in Toman. But it becomes more confusing when some of the price labels are in Rial, and some in Toman!
So, the most important thing that you should consider is that Toman, which is common in oral quotes, is equivalent to 10 Rials. Moreover, Iranian people usually omit the words “thousand” and “million” when talking about prices in thousands and millions.
Now, let us make it more clear with an example; When buying something in Iran, if the seller quotes 10,000 Toman (or 10 Toman), you must pay 100,000 Rials.
Moreover, as mentioned, prices written on the labels are either in Rial or Toman, and to avoid mistakes, you should always double-check the price with the seller. Notably, on manufactured supermarket products, such as packaged foods and beverages, the prices are in Rial. On the other hand, the prices written manually on the products such as Iran souvenirs are usually in Toman. Therefore, you need to ask and make sure that if the price is in Rial or Toman. Moreover, the Iran online taxi price in Snapp and TAPSI applications are in Toman. Finally, to avoid mistakes, keep in mind these two Persian words in the Persian alphabet: