The monetary unit of Iran has changed throughout the historical development of this state. Each of the currencies was quite stable and provided the possibility of uninterrupted payments for goods.
What currencies in Iran have there been in history?
Until 1798, the main monetary unit of Iran was the dinar. After the monetary reform of 1798, all payments were made in rials. But that moment the exchange of the old currency for a new one took place at the rate of 1: 100.
The first experience of using rials, probably, turned out to be negative, therefore, in 1825, the country's leadership carried out another financial reform. The new monetary unit of Iran was called fog. The minimum unit of account for this currency was 10 taps.
In 1932, Iran again decided to carry out a monetary reform. The main reason for making such a decision is the huge inflation caused by the influence of the global economic crisis on the country's economy.
Iranian real: face values and appearance (before the Islamic Revolution)
The monetary unit of Iran today runs in both monetary and banknote form. Moreover, the denominations are mainly duplicated. Arriving in Iran, a tourist can meet coins in denominations of 50 to 5,000 rials. The National Bank of the Islamic Republic of Iran from 1932 to the present day issued banknotes from 100 to 100,000 riyals.
If we analyze the appearance of banknotes, we can distinguish several stages of the evolution of the rial in the 20th century. As you know, until 1979 in Iran there was a monarchical form of government. Banknotes issued from 1932 to 1943 depicted Shah Reza Pahlavi. His face was necessarily placed on the front side of the banknote. In 1944, the ruler changed in Iran - the successor Mohammed Reza ascended the throne. Now on banknotes began to depict his photograph. The peculiarity of the images was that the later the bill was issued, the more the adult image of the shah appeared on it.
How has the appearance of the currency changed since the Islamic revolution?
After 1979, the state completely changed the system of power and management. Change the type of currency, consider the example of banknotes issued after 1992. On all face values, the leader of the 1979 revolution Ayatollah Khomeini is depicted on the front side. But interesting images are also located on the reverse side of most denominations. For example, on a bill of 1,000 riyals we will see the Omar mosque from Jerusalem. Banknote in 2000 will delight tourists with the opportunity to see the image of the Kaaba. On the 5000th banknote, they decided to place a drawing symbolizing wealth and dignity - a bouquet of flowers with birds.
We see that with a change in the form of government, the currency of Iran began to look completely different. Using this vivid example, one can clearly understand how the political situation in the state affects the life of citizens in general.