In Iran, people must pay using the official currency, which is the Iranian rial. The rial is the legal tender in the country and is abbreviated as IRR. It is divided into smaller units called dinars, with 1 rial being equal to 100 dinars.
The rial is issued and controlled by the Central Bank of the Islamic Republic of Iran. It is used for all transactions within the country, including shopping, dining, transportation, and other daily expenses. Foreign currencies are generally not accepted for everyday transactions, although some hotels and tourist shops may accept US dollars or euros.
The rial comes in both coins and banknotes, with the most commonly used denominations being 1000, 2000, 5000, 10,000, 20,000, 50,000, and 100,000 rials. It is important for visitors to Iran to familiarize themselves with the currency and its denominations to avoid any confusion or misunderstandings during transactions.
Overall, the Iranian rial is the only currency accepted for payments in Iran, and visitors should ensure they have enough cash on hand for their expenses during their stay in the country.