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Iran » Money

Currency Information

Iranian Rial (IRR; symbol Rs) = 100 dinars. Notes are in denominations of Rs50,000, 20,000, 10,000, 5,000, 2,000, 1,000, 500, 200 and 100. Coins are in denominations of Rs500, 250, 100 and 50.

Currency Exchange

It is advisable to bring hard currency for exchange purposes.

Credit Cards

MasterCard is accepted in some places, but credit cards should emphatically not be relied on as the sole means of payment. Be aware too that if the card was issued in the USA, it may not be usable due to the US trade embargo.

Travellers Cheques

It is not possible to exchange travellers' cheques.

Currency Restrictions

The import and export of local currency is limited to Rs500,000. Any amount larger requires authorisation from the Central Bank. The import of foreign currency is unlimited, provided declared on arrival. The export of foreign currency is limited to the amount declared on arrival.

Banking Hours

Sat-Wed 0730-1330, Thurs 0730-1230.

Exchange Rates

1.00 AUD = 9.00 IRR
1.00 EUR = 15728.70 IRR
1.00 GBP = 18530.20 IRR
1.00 USD = 12335.00 IRR
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Information in this section was last updated: Fri Apr 12 2013