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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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hijri Year
The Hijri year ( ar, سَنة هِجْريّة) or era ( ''at-taqwīm al-hijrī'') is the era used in the Islamic lunar calendar. It begins its count from the Islamic New Year in which Muhammad and his followers migrated from Mecca to Yathrib (now Medina). This event, known as the Hijrah, is commemorated in Islam for its role in the founding of the first Muslim community (''ummah''). In the West, this era is most commonly denoted as AH ( la, Anno Hegirae , 'in the year of the Hijra') in parallel with the Christian (AD), Common (CE) and Jewish eras (AM) and can similarly be placed before or after the date. In predominantly Muslim countries, it is also commonly abbreviated H ("Hijra") from its Arabic abbreviation '' hāʾ'' (). Years prior to AH 1 are reckoned in English as BH ("Before the Hijrah"), which should follow the date. A year in the Islamic lunar calendar consists of twelve lunar months and has only 354 or 355 days in its year. Consequently its New Year's Day occurs ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Redenomination
In monetary economics, redenomination is the process of changing the face value of banknotes and coins in circulation. It may be done because inflation has made the currency unit so small that only large denominations of the currency are in circulation. In such cases the name of the currency may change or the original name may be used with a temporary qualifier such as "new". Redenomination may be done for other reasons such as changing over to a new currency such as the Euro or during decimalisation. Redenomination itself is considered symbolic as it does not have any impact on a country's exchange rate in relation to other currencies. It may, however, have a psychological impact on the population by suggesting that a period of hyperinflation is over, and is not a reminder of how much inflation has impacted them. The reduction in the number of zeros also improves the image of the country abroad. Inflation over time is the main cause for the purchasing power of the monetary un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Currencies Of Iran
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 "curre ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wilhelm Wassmuss
Wilhelm Wassmuss (1880 – November 29, 1931; German spelling: Waßmuß) was a German diplomat and spy and part of Niedermayer–Hentig Expedition, known as "Wassmuss of Persia". According to British versions of history, he "attempted to foment trouble for the British" in the Persian Gulf in the First World War. Birth and schooling Wilhelm Wassmuss was born in 1880 in Ohlendorf, 60 kilometers south-east of Hanover, Germany, and after a university education he entered the German Foreign Office in 1906. Sent first to Madagascar, he was promoted to vice consul and assigned to the German Consulate in the Persian port town of Bushehr by the Persian Gulf in 1909. In 1910 he was returned to Madagascar where, rarely seen in public, he spent three years in an obsessive study of the desert and its peoples. In 1913, he was relocated back to Bushehr. While the details of what happened next are sketchy, it seems that with the start of World War I, Wassmuss appears to have recognized that ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Persian Language
Persian (), also known by its endonym Farsi (, ', ), is a Western Iranian language belonging to the Iranian branch of the Indo-Iranian subdivision of the Indo-European languages. Persian is a pluricentric language predominantly spoken and used officially within Iran, Afghanistan, and Tajikistan in three mutually intelligible standard varieties, namely Iranian Persian (officially known as ''Persian''), Dari Persian (officially known as ''Dari'' since 1964) and Tajiki Persian (officially known as ''Tajik'' since 1999).Siddikzoda, S. "Tajik Language: Farsi or not Farsi?" in ''Media Insight Central Asia #27'', August 2002. It is also spoken natively in the Tajik variety by a significant population within Uzbekistan, as well as within other regions with a Persianate history in the cultural sphere of Greater Iran. It is written officially within Iran and Afghanistan in the Persian alphabet, a derivation of the Arabic script, and within Tajikistan in the Tajik alphabet, a der ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I
World War I (28 July 1914 11 November 1918), often abbreviated as WWI, was one of the deadliest global conflicts in history. Belligerents included much of Europe, the Russian Empire, the United States, and the Ottoman Empire, with fighting occurring throughout Europe, the Middle East, Africa, the Pacific, and parts of Asia. An estimated 9 million soldiers were killed in combat, plus another 23 million wounded, while 5 million civilians died as a result of military action, hunger, and disease. Millions more died in genocides within the Ottoman Empire and in the 1918 influenza pandemic, which was exacerbated by the movement of combatants during the war. Prior to 1914, the European great powers were divided between the Triple Entente (comprising France, Russia, and Britain) and the Triple Alliance (containing Germany, Austria-Hungary, and Italy). Tensions in the Balkans came to a head on 28 June 1914, following the assassination of Archduke Franz Ferdin ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Counterfeiting
To counterfeit means to imitate something authentic, with the intent to steal, destroy, or replace the original, for use in illegal transactions, or otherwise to deceive individuals into believing that the fake is of equal or greater value than the real thing. Counterfeit products are fakes or unauthorized replicas of the real product. Counterfeit products are often produced with the intent to take advantage of the superior value of the imitated product. The word ''counterfeit'' frequently describes both the forgeries of currency and documents as well as the imitations of items such as clothing, handbags, shoes, pharmaceuticals, automobile parts, unapproved aircraft parts (which have caused many accidents), watches, electronics and electronic parts, software, works of art, toys, and movies. Counterfeit products tend to have fake company logos and brands, which results in patent or trademark infringement in the case of goods. They also have a reputation for being lower quality, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naser Al-Din Shah Qajar
Naser al-Din Shah Qajar ( fa, ناصرالدینشاه قاجار; 16 July 1831 – 1 May 1896) was the fourth Shah of Qajar Iran from 5 September 1848 to 1 May 1896 when he was assassinated. He was the son of Mohammad Shah Qajar and Malek Jahan Khanom and the third longest reigning monarch in Iranian history after Shapur II of the Sassanid dynasty and Tahmasp I of the Safavid dynasty. Nasser al-Din Shah had sovereign power for close to 51 years. He was the first modern Persian monarch who formally visited Europe and wrote of his travels in his memoirs. A modernist, he allowed the establishment of newspapers in the country and made use of modern forms of technology such as telegraphs, photography and also planned concessions for railways and irrigation works. Despite his modernizing reforms on education, his tax reforms were abused by people in power, and the government was viewed as corrupt and unable to protect commoners from abuse by the upper class which led to increasi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imperial Bank Of Persia
The Imperial Bank of Persia ( fa, بانک شاهنشاهی ایران, Bank-e Šâhanšâhi-ye Irân) was a British bank that operated as the state bank and bank of issue in Iran (formerly known as Persia until 1935) between 1889 and 1929. It was established in 1885 with a concession from the Persian government to Baron Julius De Reuter (born Israel Beer Josaphat) a German–Jewish banker and businessman who later became a Christian and a British subject. The bank was the first modern bank in Iran and introduced European banking ideas to a country in which they were previously unknown. The legal centre of the bank was in London and whilst it was subject to British law, its activities were based in Tehran. It also had operations in other Middle Eastern countries. It was later named British Bank of the Middle East (BBME) and is now called HSBC Bank Middle East Limited. After the Iranian Revolution of 1979, all the Iranian activities of this bank were transferred to Bank Tejara ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Milled Coinage
In numismatics, the term milled coinage (also known as machine-struck coinage) is used to describe coins which are produced by some form of machine, rather than by manually hammering coin blanks between two dies (hammered coinage) or casting coins from dies. Introduction Until 1550, coinage techniques used in European mints had not progressed from the hammered coinage of Ancient Greece. This was problematic because an increase in the supply of bullion from central Europe and America was overworking mints. That led to low quality coins which were easily forged or clipped, i.e. precious metal was shaved from the edges of the coins. In accordance with Gresham's law, the clipped and forged coins drove good coins out of circulation, depreciating the currency. Leonardo da Vinci's notebooks showed there was a better way and Donato Bramante, the architect who made the initial plans for St. Peter's Basilica, developed a screw press to make the lead bullae attached to Papal document ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hammered Coinage
Hammered coinage is the most common form of coins produced since the invention of coins in the first millennium BC until the early modern period of c. the 15th–17th centuries, contrasting to the cast coinage and the later developed milled coinage. History Hammered coins were produced by placing a blank piece of metal (a ''planchet'' or ''flan'') of the correct weight between two dies, and then striking the upper die with a hammer to produce the required image on both sides. The planchet was usually cast from a mold. The bottom die (sometimes called the ''anvil die'') was usually counter sunk in a log or other sturdy surface and was called a ''pile''. One of the minters held the die for the other side (called the ''trussel''), in his hand while it was struck either by himself or an assistant. Experimental archeology suggests that a lower die could be expected to last for up to 10,000 strikes depending on the level of wear deemed acceptable. Upper dies seem to have a far great ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of The Islamic Republic Of Iran
The Central Bank of Iran (CBI), also known as ''Bank Markazi'', officially the Central Bank of the Islamic Republic of Iran ( fa, بانک مرکزی جمهوری اسلامی ايران, Bank Markazi-ye Jomhuri-ye Eslāmi-ye Irān; SWIFT Code: BMJIIRTH) is the central bank of Iran. Established under the Iranian Banking and Monetary Act in 1960, it serves as the banker to the Iranian government and has the exclusive right of issuing banknote and coinage. CBI is tasked with maintaining the value of Iranian rial and supervision of banks and credit institutions. It acts as custodian of the National Jewels, as well as foreign exchange and gold reserves of Iran. It is also a founding member of the Asian Clearing Union, controls gold and capital flows overseas, represents Iran in the International Monetary Fund (IMF) and internationally concludes payment agreements between Iran and other countries. The website of the Islamic Republic of Iran was shut down on September 21, 2022 by the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
