According to a Financial Tribune article dated 3 April 2017, Valiollah Seif, the governor of the Central Bank of Iran, said the CBI has sent a bill to the government requesting the removal of a zero from the currency to reflect the public’s use of the term “toman” to refer
According to a press release dated 9 February 2017, the Central Bank of Iran plans to introduce a new 10,000-rial note in June 2017. The note is reduced in size, and features the large number 1 as registration device, perhaps in preparation for the eventual revaluation of the rial. Courtesy
According to an article on DW dated 7 December 2016, Iranian President Hassan Rouhani’s government proposed changing the name and denomination of the country’s official currency from the rial to the toman. With 1 toman equal 10 rials, this would effectively remove a single zero from prices, making transactions slightly
The Persia chapter of The Banknote Book is now available for individual sale and as a free download to subscribers. This 15-page catalog covers notes issued by the Imperial Bank of Persia from 1890 to 1932, Reichsbank (Imperial Bank) in 1916, and Reichsschuldenverwaltung (Imperial Debt Office) in 1916. Revised 17.09.2019.