Iran Banknote Survey

Associated Press reported that Iran’s central bank is asking citizens their opinions on new names for the country’s currency in Iran Banknote Survey. The report also said that visitor to the bank’s website can choose from several names, including rial (the current name), toman, parsi and derik. But when I browse Iran central bank website today, I cannot find any of the said survey.


June last year, The Central Bank of Iran (CBI) release Iranian biggest denomination banknote 100,000 rials. The value of the notes currently is only equivalent to around 9 dollars.

In the online survey, the bank also asks respondents how many zeros should be removed from the currency. The government has proposed lopping off four zeros. The poll results will be taken into consideration when the government draws up a draft on changes to the currency. The proposal will be submitted to parliament. Iran’s government has approved removing zeros from the currency, apparently as a result of inflation, which is officially about 14 percent.

Source: Associated Press.

You can view Central Bank of the Islamic Republic of Iran website and look if you can find a survey. Maybe the survey already ended or Iran never make that survey?


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