Rial has one “zero” more than Toman does, while both represent the same value! 5,000 Rial Coin, which is equal to 500 Toman. So, it’s more easy to pronounce 1000 Toman instead of 10.000 Rial. Answer of this question can be tricky. The trained personels of this office exchange your money in the shortest possible time. Ask us anything you want , https://isfahaninfo.com/wp-content/uploads/2018/01/Rial-VS.-Toman-isfahaninfo1.jpg, https://isfahaninfo.com/wp-content/uploads/2019/07/IsfahanInfo-Main-Logo.png. The official currency in Iran is Rial, the currency which you will see on notes or coins, banks bills and documents, official bills or in any official money exchange.However local Iranians almost always use “Toman” in their daily life for their daily payments, and the difference can cause confusion. What is the difference between Rial and Toman? Traveling to Iran, knowing the currency of Iran is of great importance. In fact, the term “Toman” is a Mongolian word, that entered Iranian culture during Mongolian invasion in 14th AD. Oftentimes, there can be a substantial difference between the rial's official exchange rate as compared to the various black market exchange rates that exist in the country. Currency is usually in the form of bills in Iran and today because of aRead more Official currency in Iran is rial. So, there is no difference between rial and toman. But we use Rial in official transactions, such as filling a pay-bill in banks, or paying by purchase mobile applications. Required fields are marked *. The official currency in Iran is Rial but people use the Toman in every day transactions. In Banks you can exchange your foreign currency of Dollars, Euro and pound to Rial (Iran official currency) but in Iran the best place to exchange foreign currency is Sarafi (the name of exchange office in Iran). Required fields are marked *. Toman was the official name for the country’s currency in the distant past and is still used colloquially to refer to 10 rials. Figuring out the currency system could be confusing for couple of days, but you will be adopted soon to the number of zeros on the bank notes and the difference between Rial and Toman. تماس با مدیر سایت: Your email address will not be published. Persian Hospitality is a trait, long-ingrained Read more…. A proposal has been agreed to by the Iranian parliament to drop four zeros, by replacing the rial with a new currency called the toman, the name of a previous Iranian currency, at the rate of one toman = 10,000 rials. 2- Rial vs. Toman Rial is the official currency of Iran. The United States Dollar is divided into 100 cents. Categories. Also Read: What is people’s entertainment In Iran? ما در نظر داریم این وبسایت را به فروش برسانیم Iranian Hospitality : Iranians are world-famous for being courteous and welcoming, and it is not a social etiquette to abide by. The official currency of Iran is called Rials also known as toman. xe.com website and its free App are the online exchange calculation system which use updated data to telling you the exact amount of your money. The official currency in Iran is Rial, the currency which you will see on notes or coins, banks bills and documents, official bills or in any official money exchange.However local Iranians almost always use “Toman” in their daily life for their daily payments, and the difference can cause confusion. 10 Rials equals 1 Toman. We are Tourist Information Office in Isfahan – Iran. you should pay attention to this point that exchange rate of Iranian currency is changing according to the Iran’s economic policy and Political relations. 1 Toman is equal to 10 Rials. “So what currency do they use?” The answer is … At the start of May 2020, the bid-ask spread — the difference between the buying and selling rate for forex — stood at about 9,000 rials. This Indian Rupee and Iranian Rial convertor is up to date with exchange rates from January 19, 2021. Although it might seem difficult at first, tourists can easily get the hang of this once they understand the simple conversion and start making deals like a local. Official currency in Iran is rial. The official Iranian currency is the Rial (IRR), but prices are commonly referenced in Tomans. What Is The Difference Between Rial And Toman? As mentioned before, Toman is the informal and the most common system used by Iranians. A Toman is and always was 10 rials, like how 100 cents is a dollar. all notes are printed in Iranian Rial. Each Toman is equal to Ten Rials (1 Toman = 10 Rials). The exchange rate for the United States Dollar was last updated on January 19, 2021 from The International Monetary Fund. Difference between Rial and Iranian Toman: Iran is the only country in the world that has two currency systems for the same money. This change is expected to take place between 2020 and 2022. that’ it. Toman is a superunit of the official currency of Iran. Toman means “one thousand” and it had not been used as a monetary term until 90 years ago in Iran. Iranian Hospitality | Persian Hospitality. let’s say the price of a hat  is 100000 Rials. One is Rial, which is the official currency system of the country, and the other is Toman, which is the informal and … The official currency in Iran is Rial (IRR) but people use the Toman in every day transactions. When you're talking about large sums, in casual conversation, you can say just to man's instead of thousands of … See more. Iranian Rial is the official currency, but people use Toman (10 Rials =1 Toman). Save my name, email, and website in this browser for the next time I comment. So Confusing, ha? Rial has one more zero compared with Toman (1000Rial=100Toman). The escalating rial devaluation meant the emergence of an expanding bid-ask spread on Nima — the country’s secondary forex market. One is Rial, which is the official currency system of the country, and the other is Toman, which is the informal and most common term in financial affairs of Iranians. Click on Iranian Rials or Indian Rupees to convert between that currency and all other currencies. Here we provide you with an abstract of what we tell the travelers to Iran. So: De jure: Rial; De facto: Toman; It’s mean numbers of Iran’s money show you Rial. For the users of this system, this a very confusing un-necessity which makes people go through vein calculation processes when facing Rial and Toman. As I said, unfortunately it’s not fixed. So in exchange shops and bank jobs, you are going to use Rials, but in restaurants and markets and hotels you are going to use Toman. Official currency of Iran is Rial (IRR -﷼) but people use Toman too. Whatever it is in Iranian Rial, delete one zero of the amount and you have the price in Toman and vice versa. Attractions; Handicrafts; Free Isfahan; What’s On (Events) World Heritage; Sightseeing; Shopping; Food and Beverage; Restaurants and cafes; Iran Tailor Made Tour How many Rials are in a Toman? For example, if you have a banknote with the number of 10000 Rials on it, you can use it to buy a product with the value of 1000 Toman. Your email address will not be published. The conversion of toman to rial is each ten rial is equivalent to 1 toman. For example: Your Imam Khomeini Airport taxi driver asks for 80.000 Tomans. This becomes a more serious problem when tourists face the system. You just need to be careful about the number of zeros. Each Toman is equal to 10 Rials; therefore if you are going to buy something that has 50,000 Rial written on it, the seller tells you to pay 5000 Toman. … So, 10 000rial is equal to 1000 toman What is a Toman? The first question that comes to mind regarding Iranian money is what’s the difference between Rial and Toman and what you should know about their usage as a tourist? Toman is just another way to tell the price of goods and services, but there are no actual bank notes in Toman. 10 Rials equals 1 Toman. But in Iran absolutely no one talks about Rial in every conversation. We, the same as you and the rest of the world, had heard and read about the glory of Iran from our grandfathers, in the old books, and in history classes. At the start of May 2020, the bid-ask spread — the difference between the buying and selling rate for forex — stood at about 9,000 rials. Originally Answered: What is the difference between Iranian rial and Iranian toman? Because of inflation, Rial’s value has been dropping in a way that you can’t almost buy anything with 10.000 Rial. For … Also Read: Currency exchange in Iran[Tips to Exchange money in Iran]. Difference between Rial and Iranian Toman: Iran is the only country in the world that has two currency systems for the same money. Your email address will not be published. The escalating rial devaluation meant the emergence of an expanding bid-ask spread on Nima — the country’s secondary forex market. There are two kinds of currencies in Iran. The word toman is used by the local people, especially in the daily based payments and for sure, sometimes it is confusing for the ones that are not Iranians. We live in Iran; and just like you, we are interested in travelling. Different of Rial and Toman is just on one 0 number. Rial has one more zero compared with Toman (1000Rial=100Toman). So we'll briefly cover it's denominations, street talk, practicalities, the best places for currency exchange, and current street rates. And what you will pay is a bill, with the value of 10000 Toman, but what is written on it is 100000 Rials! Understanding the currency is tricky even for Iranians, but an easy way to help you deal with it is to omit one zero from numbers on the banknote which is written in Rial and read it in Toman. The knowledge of currency exchange in Iran would be very practical for you. Unlike many currencies, the Iranian Rial to Toman is 10 to 1, as opposed to a more commonly understood 100 to 1. Enter the amount to be converted in the box to the left of Indian Rupee. So you don’t have to exchange your money before travel to Iran, at all arrival gate especially International airports, hotels and shopping centers you can find Sarafi which will do currency transactions. So, there is no difference between rial and toman. Another fact about Iran currency is that through daily monetary processes is used as a substitution for Rials. What is the difference between Rial and Toman? Toman definition, a coin of Iran, equal to 10 rials. The official currency in Iran is Rial (IRR) but people use the Toman in every day transactions. As said before, Iran is the only country in the world that uses two different currency system for the same monetary value; so, no other nation than Iranian people are expected to understand the system. It’s one of the another items you can just find in Iran! If you want to say the price of the same hat in Toman, you must say: 10000 Toman. Starts From 980$, UNESCO World Heritage Sites in Iran UNESCO World Heritage Sites in Iran : Steeped in exceptional antiquity, culture and natural landscapes, civilization Iran has been the subject of extensive studies throughout the world. Do you know what is the difference between Rial and Toman? The focal philosophy of an Iranian Garden is creation Read more…, Iranian Hospitality | You Are Never an Outsider! 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