For exchanging money, you can refer to the banks
which have a sign of "EXCHANGE" on their entrance.
There are also authorized exchange shops in the
airport or tourist areas where you can exchange
your money at a bit more cost, but fast.
These shops are called "SARRAFI" in Farsi which is
the equivalent word for exchange.
There are also street exchangers in tourist areas
who usually hold a bunch of banknotes and show
them to people who are passing and shout Dollars,
Pounds, Euros. This way of exchange is not legal
and is not recommended.
You can exchange USD, EUR, GBP, AED almost
everywhere, but other major currencies can be
exchanged in certain bank branches.
Foreign credit cards are not still a reliable way
for payments in Iran, as the situation of their
acceptance changes a lot. Sometimes, you can use
it and sometimes you can't. So, it's better to
forget it at least at this time. Hopefully,
according to the new financial laws, this problem
will be solved soon. There are many ATMs
everywhere in Iran, but they only accept the
domestic cards and are currently useless to
Travellers Cheques may be accepted by some hotels
or shops, but it's not a reliable way of
bringing money to Iran.
Considering the above matters, it is recommendable
to bring money in cash in form of USD, EUR or GBP.
Using a money-belt is proposed.
Current rate of exchange
according to Iran's Central Bank.
This can be different from the market rate at
which you can exchange at exchange shops.
Iranian currency is Iranian Rial. There is
another money unit in Iran which is called
Toman and is equivalent to 10 Rials. Toman is
more common in oral quotes, while Rial is
the official unit and used in most verbal
documents. Price etiquettes may come either in
Rial or Toman and usually are understood by
the buyers. In case of doubt, check it with the
Current Coins & Banknotes
Rls. 100 (10 Toman)
Rls. 5,000 (500 Toman)
Rls. 10 (1 Toman)
Rls. 200 (200 Toman)
Rls. 10,000 (1000 Toman)
Rls. 50 (5 Toman)
Rls. 500 (50 Toman)
Rls. 20,000 (2000 Toman)
Do Hezar Toman
Rls. 1,000 (100 Toman)
Rls. 50,000 (5000 Toman)
Panj Hezar Toman
Rls. 250 (25 Toman)
Bist o Panj Toman
Rls. 2,000 (200 Toman)
Rls. 100,000 (1000 Toman)
Dah Hezar Toman
Rls. 1000 (100 Toman)
Regulations on Money Export/Import