World's Most Confusing Currency? (IRANIAN RIAL)


One of my favorite things to do whenever I enter a new country (like Iran) is analyzed their currency situation, exchange rate and how these things affect their economy.

I’ve handled many inflated currencies — such as the Indonesian RUPIAH and Vietnamese DONG — but here in Iran, the RIAL gets a lot more confusing than inflation.

Iran has 2 different systems to count their money. The first is RIALS (the official Iranian currency), and the second is TUMAN (which is like the Rial, without the last zero). As a traveler, you don’t know which price is listed unless you ask. $1 USD = 50,000 Rials and that same $1 dollar = 5,000 Tuman. Sound confusing? … It is!

Moreover, the only way to get money in Iran as a tourist is by bringing lots of cash (USD or Euros is preferred) and then exchanging it for Iranian Rials when you arrive. The reason is because there are no ATMs in Iran that cater to foreign banks.

If you are as confused reading this as I am typing it out, then this video will explain the confusing world of the Iranian Rial a little better.

Just curious, did you know anything about this before I made this video? Please share your thoughts on this below! And special thanks to G Adventures for hosting me on this life changing trip!

Music: Epidemic Sound

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  1. Same is the situation in Cuba, they have two currencies CUC (for tourists) and Cubano Pesos (for locals). No shop accepts cards, everything you will have to pay by cash. You have to change your currencies to CUCs at the airport right away

  2. Because current economic situation or not they will take advantage of you and take your money. Beautiful country with rich history and economical potential . I hope to be guided in the right path to better destiny.

  3. I'm half Iranian and I always get confused when trying to buy something cuz I initially think wow that much for a choco bar! But then I remember… XD

  4. The face value of cash does not relate to the inflation. Vietnam does not have sub currency system such as cent in USD.


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