Iranian Monetary Unit (Noun)
Meaning
Monetary unit in Iran.
Classification
Nouns denoting quantities and units of measure.
Examples
- The Rial is the Iranian monetary unit, with the Toman being a commonly used informal unit of currency.
- The Central Bank of Iran manages the Iranian monetary unit, implementing monetary policies to stabilize the economy.
- Tourists often find it confusing to exchange their money into the Iranian monetary unit, due to exchange rate fluctuations.
- In Iran, the Iranian monetary unit has been experiencing inflation over the past few years, impacting the standard of living.
- To travel to Iran, one needs to be familiar with the Iranian monetary unit, which can be challenging for some international visitors.