Rajnish Optimist 145 Questions 255 Answers 237 Best Answers 1k Points View Profile Rajnish Asked: December 4, 20202020-12-04T16:17:51+05:30 2020-12-04T16:17:51+05:30In: UPSC PRELIMS What is the national currency of Iran? What is the national currency of Iran? Also Describe the currency. current affairs Share Facebook 1 Answer Recent Sweety Stay Original. 142 Questions 116 Answers 102 Best Answers 783 Points View Profile Best Answer Sweety Stay Original. 2020-12-04T16:36:48+05:30Added an answer on December 4, 2020 at 4:36 pm The national currency of Iran is Iranian Rial. More about National Currency of Iran: Iran’s parliament has recently passed a bill that will change the national currency of Iran from a Rial to a Toman. 1 Toman is equal to 10,000 Rials. It is predicted that the Guardian Council, a body of conservative clerics that governs Parliament, will ratify the legislation, and then the Central Bank of Iran will have two years to enact the reform, withdrawing rials from circulation and issuing tomans instead. The bill would make the government to cut four zeros from Rial. Since 2008, the notion of eliminating four zeros has been floated, but gained momentum after 2018, when the U.S. President Donald Trump left Iran’s nuclear deal in 2015 and reimposed sanctions, when more than 60% of Rial’s value was lost. 1 Reply Share Share Share on Facebook Share on Twitter Share on WhatsApp Leave an answerCancel replyYou must login or register to add a new answer. Related Questions What is Pathalgadi? What is Bodo Accord?