IRR 100 | Bank Note | One Hundred Rials | Kae Kae | CurrencyStackerKK | Iran | Asia
100 Iran Rial
The Rial (Persian: ریال ایران, romanized: riyâl-e Irân; sign: ﷼; code: IRR) is the currency of Iran.
There is no official symbol for the currency but the Iranian standard ISIRI 820 defined a symbol for use on typewriters (mentioning that it is an invention of the standards committee itself) and the two Iranian standards ISIRI 2900 and ISIRI 3342 define a character code to be used for it. The Unicode Standard has a compatibility character defined U+FDFC ﷼ RIAL SIGN (HTML ﷼).
The Iranian rial is currently the second weakest circulating currency in the world after the Venezuelan bolivar, as of January 2022, with one United States dollar equaling 300,000 rials.
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. This change is expected to take place between 2020 and 2022.
Classical rial – A golden daric coin minted during the time of the ancient Persian Empire. During the late 18th and early 19th centuries, silver coins were issued in denominations of 1⁄8, 1⁄4, 1⁄2 and 1 rial.
Modern rial – The first coins of the second rial currency, introduced in 1932, were in denominations of 1, 2, 5, 10 and 25 dinars, 1⁄2, 1, 2 and 5 rials, with the 1⁄2 to 5 rials coins minted in silver. Gold coins denominated in pahlavi were also issued, initially valued at 100 rials.
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