Iranian rial

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Definition
  1. Noun:
    • The basic unit of money in Iran: The "Iranian rial" is the official currency of the Islamic Republic of Iran. It serves as the standard monetary unit for pricing goods and services within the country.
Usage Examples
  • Noun:
    • The price of bread is 50,000 Iranian rials.
    • Tourists must exchange their currency for Iranian rials upon arrival.
    • The old car was sold for several million Iranian rials.
Advanced Usage
  • "rial" as a standalone term: In financial contexts within Iran, the word "rial" is often used alone to refer to the Iranian rial, with the nationality implied by the context.
    • The total cost was 100,000 rials.
Variants and Related Words
  • Rial (IRR): The standard three-letter currency code for the Iranian rial used in international finance and foreign exchange markets.
  • Toman: A common, unofficial unit of account in Iran, equivalent to 10 rials. Prices are frequently quoted in tomans.
    • He paid 50,000 tomans, which is 500,000 rials.
Synonyms
  • Currency of Iran: This is a descriptive synonym.
  • IRR: This is the official abbreviation.
Related Phrases
  • Rial-denominated: Referring to assets, accounts, or contracts valued in Iranian rials.
    • The bank offers rial-denominated savings accounts.
Noun
  1. the basic unit of money in Iran

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