History
The rial was first introduced in 1798 as a coin worth 1250 dinar or one eighth of a toman. In 1825, the rial ceased to be issued, with the qiran of 1000 dinars (one tenth of a toman) being issued as part of a decimal system. The rial replaced the qiran at par in 1932, although it was divided into one hundred (new) dinars.
Prior to decimalisation in 1932, these coins and currencies were used, and some of these terms still have wide usage in Iranian languages and proverbs:
| Old currency | In dinar | First issue | Year |
|---|---|---|---|
| shahi | 50 dinar | Samanid dynasty | unknown |
| mahmoudi (sannar) | 100 dinar | Sultan Mahmoud | unknown |
| abbasi | 200 dinar | Shah Abbas I | unknown |
| naderi (da-shahi) | 500 dinar | Nader Shah | unknown |
| qiran | 1000 dinar | Fath Ali Shah | 1825 |
| rial | 1250 dinar | Fath Ali Shah | 1798 |
| dozari | 2000 dinar | Qajar dynasty | unknown |
| panjzari | 5000 dinar | Qajar dynasty | unknown |
| toman | 10000 dinar | Ilkhanate | unknown |
Read more about this topic: Iranian Rial
Famous quotes containing the word history:
“I cannot be much pleased without an appearance of truth; at least of possibility—I wish the history to be natural though the sentiments are refined; and the characters to be probable, though their behaviour is excelling.”
—Frances Burney (1752–1840)
“This is the greatest week in the history of the world since the Creation, because as a result of what happened in this week, the world is bigger, infinitely.”
—Richard M. Nixon (1913–1995)
“... in a history of spiritual rupture, a social compact built on fantasy and collective secrets, poetry becomes more necessary than ever: it keeps the underground aquifers flowing; it is the liquid voice that can wear through stone.”
—Adrienne Rich (b. 1929)