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:
“Three million of such stones would be needed before the work was done. Three million stones of an average weight of 5,000 pounds, every stone cut precisely to fit into its destined place in the great pyramid. From the quarries they pulled the stones across the desert to the banks of the Nile. Never in the history of the world had so great a task been performed. Their faith gave them strength, and their joy gave them song.”
—William Faulkner (1897–1962)
“Considered in its entirety, psychoanalysis won’t do. It’s an end product, moreover, like a dinosaur or a zeppelin; no better theory can ever be erected on its ruins, which will remain for ever one of the saddest and strangest of all landmarks in the history of twentieth-century thought.”
—Peter B. Medawar (1915–1987)
“No matter how vital experience might be while you lived it, no sooner was it ended and dead than it became as lifeless as the piles of dry dust in a school history book.”
—Ellen Glasgow (1874–1945)