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Iranian Rials
The rial ( fa, ریال ایران, riyâl-è Irân; sign: ﷼; abbreviation: Rl (singular) and Rls (plural) or IR in Latin; ISO code: IRR) is the official currency of Iran. There is no official symbol for the currency but the Iranian standard ISIRI 820 defined a symbol for use on typewriters (mentioning that it is an invention of the standards committee itself) and the two Iranian standards ISIRI 2900 and ISIRI 3342 define a character code to be used for it. The Unicode Standard has a compatibility character defined . A proposal has been agreed to by the Iranian parliament to drop four zeros, by replacing the rial with a new currency called the toman, the name of a previous Iranian currency, at the rate of 1 toman = 10,000 rials. History The rial was first introduced in 1798 as a coin worth 1,250 dinars or one-eighth of a '' toman''. In 1825, the rial ceased to be issued, with the qiran subdivided into 20 shahi or 1,000 dinars and was worth one-tenth of a toman, being issu ...
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Iranian Toman
The Iranian toman ( fa, تومان, tūmân, pronounced ; from Mongolian ''tümen'' "unit of ten thousand", see the unit called tumen) is a superunit of the official currency of Iran, the rial. One toman is equivalent to 10,000 rials. Although the rial is the official currency, Iranians use the toman in everyday life. Originally, the toman consisted of 10,000 dinars. Between 1798 and 1825, the toman was also subdivided into eight rials, each of 1,250 dinars. In 1825, the qiran was introduced, worth 1,000 dinars or one-tenth of a toman. In 1932, the rial replaced the qiran at par, with one toman being equal to 10 rial. On 7 December 2016, the Iranian government approved a call by the Iranian central bank to replace the Iranian rial with the more colloquially and historically known toman denomination. In early 2019, following the hyperinflation of the rial, the central bank made a new proposal, suggesting the currency be redenominated by introducing a new toman with a value of ...
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Bank Melli Iran
Bank Melli Iran (BMI; fa, بانک ملی ایران, lit=National Bank of Iran, ''Bânk-e Melli-ye Irân'') is the first national and commercial retail bank of Iran. It is considered as the largest Iranian company in terms of annual income with a revenue of 364 657 billion Rials in 2016. It is the largest bank in the Islamic world and in the Middle East. By the end of 2016, BMI had a net asset of $76.6 billion and a vast network of 3.328 banking branches; so it is known as the largest Iranian bank based on the amount of assets. The brand of BMI was recognized as one of the 100 top Iranian brands in 10th National Iranian Heroes Championship in 2013. The National Bank has 3328 active branches inside, 14 active branches and 4 sub-stations abroad and it has 180 booths. The first managing director of BMI was from Germany. Also, the first foreign branch of BMI was opened in Hamburg, Germany in 1948. History The formation of a new bank was first proposed by Haj Mohammad Has ...
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Decimalisation
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and sometimes at the same time changing the name of the currency or the conversion rate to the new currency. Today, only two countries have non-decimal currencies: Mauritania, where 1 ouguiya = 5 khoums, and Madagascar, where 1 ariary = 5 iraimbilanja. However, these are only theoretically non-decimal, as, in both cases, the value of the main unit is so low that the sub-units are too small to be of any practical use and coins of the sub-units are no longer used. Russia was the first country to convert to a decimal currency when it decimalised under Tsar Peter the Great in 1704, resulting in the ru ...
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Decimal Currency
Decimalisation or decimalization (see spelling differences) is the conversion of a system of currency or of weights and measures to units related by powers of 10. Most countries have decimalised their currencies, converting them from non-decimal sub-units to a decimal system, with one basic currency unit and sub-units that are to a power of 10, most commonly 100, and exceptionally 1000; and sometimes at the same time changing the name of the currency or the conversion rate to the new currency. Today, only two countries have non-decimal currencies: Mauritania, where 1 ouguiya = 5 khoums, and Madagascar, where 1 ariary = 5 iraimbilanja. However, these are only theoretically non-decimal, as, in both cases, the value of the main unit is so low that the sub-units are too small to be of any practical use and coins of the sub-units are no longer used. Russia was the first country to convert to a decimal currency when it decimalised under Tsar Peter the Great in 1704, resulting in the ru ...
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Iranian Qiran
The qiran (; also Romanized ''kran'') was a currency of Iran between 1825 and 1932. It was subdivided into 20 ''shahi'' or 1000 ''dinar'' and was worth one tenth of a toman. The rial replaced the kran at par in 1932, although it was divided into one hundred (new) dinar The dinar () is the principal currency unit in several countries near the Mediterranean Sea, and its historical use is even more widespread. The modern dinar's historical antecedents are the gold dinar and the silver dirham, the main coin of ...s. The kran is no longer an official denomination but the term still enjoys wide usage among Iranians. Value From 1874 to 1895, the value of the kran depreciated by half relative to sterling, from 1 qiran equal to 9.6 d. to 4.8d. (50 krans for £1 stg), which then kept that value for the next few years.Britannic/ref> In 1930, it was pegged to sterling at 59.75 krans = £1 stg, although a regulated parallel market existed where the price of sterling is much higher tha ...
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Coin
A coin is a small, flat (usually depending on the country or value), round piece of metal or plastic used primarily as a medium of exchange or legal tender. They are standardized in weight, and produced in large quantities at a mint in order to facilitate trade. They are most often issued by a government. Coins often have images, numerals, or text on them. ''Obverse'' and its opposite, ''reverse'', refer to the two flat faces of coins and medals. In this usage, ''obverse'' means the front face of the object and ''reverse'' means the back face. The obverse of a coin is commonly called ''heads'', because it often depicts the head of a prominent person, and the reverse ''tails''. Coins are usually made of metal or an alloy, or sometimes of man-made materials. They are usually disc shaped. Coins, made of valuable metal, are stored in large quantities as bullion coins. Other coins are used as money in everyday transactions, circulating alongside banknotes. Usually the highest va ...
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Iranian Parliament
The Islamic Consultative Assembly ( fa, مجلس شورای اسلامی, Majles-e Showrā-ye Eslāmī), also called the Iranian Parliament, the Iranian Majles (Arabicised spelling Majlis) or ICA, is the national legislative body of Iran. The Parliament currently consists of 290 representatives, an increase from the previous 272 seats since the 18 February 2000 election. The most recent election took place on 21 February 2020 and the new parliament convened on 28 May 2020. History Islamic Republic of Iran After the Iranian Revolution of 1979, the Senate of Iran was abolished and was effectively replaced by the Guardian Council thus the Iranian legislature remained bicameral. In the 1989 revision of the constitution, the ''National Consultative Assembly'' became the ''Islamic Consultative Assembly''. The Parliament of Iran has had six chairmen since the Iranian Revolution. Akbar Hashemi Rafsanjani was the first chairman, from 1980 to 1989. Then came Mehdi Karroubi (1989–1 ...
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Unicode
Unicode, formally The Unicode Standard,The formal version reference is is an information technology Technical standard, standard for the consistent character encoding, encoding, representation, and handling of Character (computing), text expressed in most of the world's writing systems. The standard, which is maintained by the Unicode Consortium, defines as of the current version (15.0) 149,186 characters covering 161 modern and historic script (Unicode), scripts, as well as symbols, emoji (including in colors), and non-visual control and formatting codes. Unicode's success at unifying character sets has led to its widespread and predominant use in the internationalization and localization of computer software. The standard has been implemented in many recent technologies, including modern operating systems, XML, and most modern programming languages. The Unicode character repertoire is synchronized with Universal Coded Character Set, ISO/IEC 10646, each being code-for-code id ...
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ISIRI
The Institute of Standards and Industrial Research of Iran (ISIRI; ) is the Iranian governmental institution for standardization and certification. It is the Iranian representative to International Organization for Standardization. See also *Industry of Iran *List of ISIRI standards This is a list of Institute of Standards and Industrial Research of Iran (ISIRI) standards. For a complete and up-to-date list of all the ISIRI standards (more than 14,000, as of February 2011), see thISIRI Search Index The National Committees ... References External links * 1960 establishments in Iran ISO member bodies Government agencies of Iran Organizations established in 1960 Standards organisations in Iran Ministry of Industry, Mine and Trade (Iran) {{standard-stub ...
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Currency
A currency, "in circulation", from la, currens, -entis, literally meaning "running" or "traversing" is a standardization of money in any form, in use or circulation as a medium of exchange, for example banknotes and coins. A more general definition is that a currency is a ''system of money'' in common use within a specific environment over time, especially for people in a nation state. Under this definition, the British Pound Sterling (£), euros (€), Japanese yen (¥), and U.S. dollars (US$)) are examples of (government-issued) fiat currencies. Currencies may act as stores of value and be traded between nations in foreign exchange markets, which determine the relative values of the different currencies. Currencies in this sense are either chosen by users or decreed by governments, and each type has limited boundaries of acceptance - i.e. legal tender laws may require a particular unit of account for payments to government agencies. Other definitions of the term "curren ...
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ISO 4217
ISO 4217 is a standard published by the International Organization for Standardization (ISO) that defines alpha codes and numeric codes for the representation of currencies and provides information about the relationships between individual currencies and their minor units. This data is published in three tables: * Table A.1 – ''Current currency & funds code list'' * Table A.2 – ''Current funds codes'' * Table A.3 – ''List of codes for historic denominations of currencies & funds'' The first edition of ISO 4217 was published in 1978. The tables, history and ongoing discussion are maintained by SIX Group on behalf of ISO and the Swiss Association for Standardization. The ISO 4217 code list is used in banking and business globally. In many countries, the ISO 4217 alpha codes for the more common currencies are so well known publicly that exchange rates published in newspapers or posted in banks use only these to delineate the currencies, instead of translated c ...
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Currency Symbol
A currency symbol or currency sign is a graphic symbol used to denote a currency unit. Usually it is defined by the monetary authority, like the national central bank for the currency concerned. In formatting, the symbol can use various formattings: before, between or after the numeric amounts: , and , for example; this positioning is determined by national convention. The symbol is not defined or listed by ISO 4217: that only assigns three-letter codes to currencies (like for Azerbaijani manat) and special cases like gold and silver ( and respectively) that are used as financial instruments. Usage When writing currency amounts, the location of the symbol varies by language. Many currencies in English-speaking countries and Latin America (except Haiti) place it before the amount (e.g., R$50,00). The Cape Verdean escudo (like the Portuguese escudo, to which it was formerly pegged) places its symbol in the decimal separator position (e.g. 20$00). Banco de Cabo Verde.Moedas. ...
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