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Money, Currencies and Exchange! While in Iran

Iran Travel Expenses

Iran tour could be so nice because…Whether you’re a backpacker traveling to Iran on a budget, or an all-the-frills luxury traveler, you’re going to need to plan ahead regarding the handling of monetary units. Although Iran is one of the cheapest countries in the Middle East for travelers, unstable exchange rates and an isolated banking system has made a few difficulties and questions about how to plan and what to bring before coming to Iran.

Currency, Rials or Tomans?

Iranian money, Rials or Tomans? Usually, this is what confuses almost every traveller in Iran. Yes, we have two common currencies in Iran. The first and the official currency is Iranian Rial (Rls or ریال) and the currency people use informally, is Tomans. Basically, each Toman is equal to 10 Rials. So, 1000 Tomans equals to 10,000 Rials.

Iranians use Rials in banknotes, coins, official deals and use Tomans informally. Rials are the printed and Tomans are the discussed currencies. So, when you want to buy something at a store, pay for taxi and shopping, you are facing Tomans, not Rials.

When a taxi driver says the price from getting here to there is 500, he means Tomans, which means that you’ll be paying using a 5,000 Rial note. Since we have too many zeros in our bank notes (Check out Iran banknotes below), sometimes people even don’t bother to say 3000 or 5000 tomans and prefer saying 3 or 5 Tomans!

You can see why the government is thinking about changing the currency to make purchases more practical. You’ll also quickly get a feel for the prices of items and which currency value you are being quoted. Thus, whenever you are paying something you can ask them and check it again to see if it’s the right price.

Planning on shopping?

When shopping, you’ll be happy to hear that Iranians are an honest a lot. Double-pricing for foreigners isn’t widespread except in hotels where Iranians get a cheaper rate than tourists. In shops you generally don’t have to worry about being overcharged and bargaining isn’t common outside of the bazaars. Tourists were once charged higher rates to enter historical sites and museums but now prices are the same for everyone.

You can Also use Iranian Debit card for shopping instead of cash and use the card on the Pos machine in each shop. for more info you can read here :

but you do not need to worry about these, Since you travel with Iran Vip tour , we usually do the buying for you and we can bargaining instead of you.

Bazaar Iran

The one challenge you will come across is that most Iranians don’t talk in Rials; which is a bit strange since it is the printed currency. At first this will be a bit confusing and it’s easy to think you’re being ripped off when in fact the price was just quoted in Tomans and not Rials. Ask if you’re unsure! Since you’re a tourist in Iran, some Iranians may try to make things easier and give you the value for your purchases in Rials or even in dollars to help you out.

Currency

What type of cash is acceptable? It is not important; US dollars; Euro; GBP are all accepted in Iran. You should change your money in a currency exchange,  and you will have no problem finding them all around the country. Use Iranian Rials when you are wondering out and shopping or eating (most places only accept Rials). Like everything in Iran, things can change overnight so make sure you check the exchange rate

Common Bank notes you will dial with in Iran :

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