Iranian rial

E21294

fiat currency national currency

The Iranian rial is the official national currency of Iran, known for its high inflation and low international exchange value.

Predicate	Object
instanceOf	fiat currency → national currency →
centralBank	Bank Markazi Iran → Central Bank of the Islamic Republic of Iran →
country	Iran →
denominationType	banknotes → coins →
exchangeRateCharacteristic	low international exchange value →
fractionalUnit	1 rial = 100 dinar →
hasCharacteristic	multiple exchange rates (official and market) →
hasDenomination	1000 rial banknote → 10000 rial banknote → 100000 rial banknote → 1000000 rial cheque → 2000 rial banknote → 20000 rial banknote → 5000 rial banknote → 50000 rial banknote → 500000 rial cheque →
inflationCharacteristic	high inflation →
introduced	1932 →
isAffectedBy	international sanctions on Iran →
isNotWidelyUsedFor	international trade →
ISO4217Code	IRR →
isPeggedTo	none →
isSubjectTo	currency sanctions →
isUsedFor	domestic transactions in Iran →
languageOfInscription	Persian →
legalTenderIn	Iran →
monetaryPolicyAuthority	Central Bank of Iran →
monetarySystem	decimal →
officialCurrencyOf	Iran →
predecessorCurrency	Iranian toman →
region	Middle East →
regulatesInflation	Central Bank of Iran →
replaced	Iranian toman →
scriptOfInscription	Persian script →
subunit	dinar →
symbol	ریال → ﷼ →
usedIn	Islamic Republic of Iran →
usedInformallyAlongside	Iranian toman →
valuationIssue	severe devaluation →

Subject (surface form when different)	Predicate
Iran → Kish Island → Tehran →	currency
Central Bank of Iran →	currencyIssued