Iran to revalue and rename currency

According to a DW article dated 31 July 2019, the Iranian government has approved a plan to remove four zeroes from the rial and rename the currency the toman, a former superunit of official currency that was in circulation until 1925. Iranians have for decades continued to use the term toman for its simple conversion rate: 1 toman = 10 rial.

Courtesy of Chris Kropinski and Tu Minh Duy.

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