The unit of currency is the Iranian Rial (IRR) which is divided into 100 dinar but the toman is used by Iranians today as an amount of ten Rial. Most Iranians state the value of things in toman instead of Rial. Prices are most often marked in toman, with 1,000 or 1,000,000 toman equivalent to 10,000 or 10,000,000 Rial respectively. It is best to travel with US Dollars, which can be exchanged upon arrival in the airport or bank in big cities or at street rate in the streets. Travellers are not advised to take travellers cheques unless it is a necessity as they can only be exchanged at the Bank Melli branches at the international airport in Tehran and in central Tehran. An increasing number of mid-range hotels and all top-end establishments accept Visa and MasterCard. Some of the more expensive Iranian hotels charge in US Dollars.
Currency Exchange Rates
|Iran||IRR 100||IRR 1,000||IRR 10,000||IRR 100,000||IRR 1,000,000|
|Australia||A$ 0.00||A$ 0.04||A$ 0.41||A$ 4.08||A$ 40.83|
|Canada||C$ 0.00||C$ 0.04||C$ 0.41||C$ 4.14||C$ 41.38|
|Ireland||€ 0.00||€ 0.03||€ 0.28||€ 2.83||€ 28.34|
|New Zealand||NZ$ 0.00||NZ$ 0.04||NZ$ 0.45||NZ$ 4.47||NZ$ 44.69|
|South Africa||R 0.04||R 0.41||R 4.06||R 40.59||R 405.95|
|United Kingdom||£ 0.00||£ 0.02||£ 0.22||£ 2.25||£ 22.46|
|United States of America||US$ 0.00||US$ 0.04||US$ 0.38||US$ 3.79||US$ 37.95|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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