Iranian toman

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Iranian toman
Toman
10-toman gold coin, AH 1314 (c. 1896), representing Mozaffar ad-Din, shah of the Qajar dynasty
10-toman gold coin, AH 1314 (c. 1896), representing Mozaffar ad-Din, shah of the Qajar dynasty
User(s)  Iran
Subunit
110000 Dinar (former)
110 Deman
Coins
Freq. used 15, ​12, 1, 2, 5, 10, and 25
Banknotes
Freq. used 1,000; 2,000; 5,000; 10,000; 50,000; and 100,000
Central bank Iran

The Iranian toman (Persian: تومان‎, romanized: tomān; from Mongolian tomen 'unit of ten thousand'),[1][2] is the superunit of the official currency used in Iran, the rial. One toman is equal to ten rials. Even though the rial is the official currency, Iranians use the toman daily.[3]

In the beginning, the toman consisted of 10,000 dinars. Between 1798 and 1825, the toman was split into eight rials, each of 1,250 dinars. In 1825, the qiran was introduced. The qiran was worth 1,000 dinars or one-tenth of a toman.

References[change | change source]

  1. Fragner, Bert (1986). "Social and Internal Economic Affairs". In Jackson, Peter; Lockhart, Laurence (eds.). The Cambridge History of Iran (Vol. 6). Cambridge University Press. p. 557. ISBN 978-0521200943. The unit of reckoning was the Tūmān (from the Mongol Tümen, i.e. 10,000), the equivalent of 10,000 dīnārs.
  2. Album, Stephen; Bates, Michael L.; Floor, Willem (1992). "COINS AND COINAGE". Encyclopaedia Iranica, Vol. VI, Fasc. 1. pp. 14–41. (...) of Transoxania (near modern Dushanbe), for 1,000 Tomans (Tūmān or "Toomān"< Mong. Toman “10,000,” originally designating a value of 10,000 dinars) of copper coins (Folūs) per year.
  3. Maziar Motamedi (29 January 2019). "Can a New Currency End Tehran's Economic Woes?". ForeignPolicy.com.