Question
Download Solution PDFWhat is the name of Iran's currency?
Answer (Detailed Solution Below)
Detailed Solution
Download Solution PDFThe correct answer is Iranian Rial.
In News
- The Iranian Rial is the currency of Iran.
Key Points
- The Iranian Rial (IRR) is the official currency of Iran.
- It was introduced in 1798.
- The symbol for the Rial is "ریال".
- Iranian Rial
- ISO code - IRR
- Subunit - 1 Rial = 100 dinar (although dinar is not used in everyday transactions)
- Central Bank - Central Bank of the Islamic Republic of Iran
Additional Information
- Iranian Yen
- There is no such currency as Iranian Yen. Yen is the official currency of Japan.
- Iranian Dinar
- Dinar is a subunit of the Iranian Rial but is not used in everyday transactions. Dinar is also the official currency of several other countries, including Kuwait and Jordan.
- Iranian Dollar
- There is no such currency as Iranian Dollar. Dollar is the official currency of the United States and several other countries.
Last updated on Jun 7, 2025
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