BEST TOURS TO IRAN

For exchanging money, you can go to banks which have an "EXCHANGE"  sign at their entrance.There are also authorized exchange shops in the airport and tourist areas where you can exchange money at a higher commision, but faster.These shops are called "SARRAFI" which is the Farsi word for exchange.

Travellers Cheques may be accepted by some hotels or shops, but it's not a reliable way of bringing money to Iran. However Bank Melli branch at Tehran International Airport usually exchanges major international Traveller cheques. Credit cards cannot be used in Iran.

Considering the above, it is recommended to bring money in cash in form of USD, EUR or GBP. Using a money-belt is advised.

Current rate of exchange according to Iran's Central Bank.
This is usually a bit lower than the street rate.

Iranian Currency

Iranian currency is Iranian Rial. There is another money unit in Iran which is called Toman and is equivalent to 10 Rials. Toman is more common in oral quotes, while Rial is the official unit and used in most documents. Price quotes may come either in  Rial or Toman and is usually  understood by the buyers. In case of doubt, check it with the seller.

Regulations on Money Export/Import

Import of foreign currencies in any amount is free.

Export of foreign currencies in the form of banknotes and travellers cheque is authorized up to US$ 1,000 or the equivalent amount in other currencies by the bearer of a passport, and for each companion (in the case of group passport) up to US$ 500. Excess therefore is permissible in the form of bank cheque or draft drawn by the banking system.
Export and import of Rials is permissible up to Rls. 200,000.

Import and export of Syrian Pounds, Arabian Rials, Emirates Dirhams, Iraqi Dinars, Lebanese Pounds and Afghanis are prohibited by passengers and commercially. In case a passenger has them with him at the time of entry, an exchange declaration must be filled to prevent difficulties on exit.