Iran Plans to Remove Four Zeros From Rial Amid High Inflation

Iran Plans to Remove Four Zeros From Rial Amid High Inflation

Iran Plans to Remove Four Zeros From Rial Amid High InflationIran’s parliament has approved a plan to redenominate the national currency by removing four zeros from the rial, effectively turning 10,000 current rials into 1 new rial, officials and media reported Oct. 5–6, 2025. The proposal includes introducing a new subunit (often referenced as qiran or qeran), a transition period of up to three years […]

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