Iranian Rial.
The Iranian Rial is issued by the Central Bank of the Islamic Republic of Iran. 100 dinar make up a Rial; however, dinar are not used in accounting because of the very low value of the Rial.
Iran has the eighteenth largest economy in the world in purchasing power parity (PPP). Over half of Iran’s GDP comes from the service sector, over a third from industry and manufacturing, and around 10% from agriculture. Iran's economy is a mixture of central planning, state ownership of oil and other large concerns, village agriculture and small-scale private trading and service companies. Iran has significant oil and gas reserves, and about 45% of government budget revenues come from exports of these commodities. The continued rise in world oil prices has eased some of the financial impact of international sanctions against the country. Price controls, subsidies, and other rigid government policies weigh down the economy, and corruption is widespread. The government has introduced some measures to improve efficiencies, such as reducing state subsidies on food and energy. However, the economy continues to suffer from inflation, unemployment and sluggish growth.
The Iranian Rial first appeared as a coin, from 1798 to 1825. The name derived from the Real, the currency of Spain at the time. The Rial was reintroduced in 1932, divided into one hundred (new) dinars. It replaced the toman (which is the term still used today by Iranians when they discuss money). The value of the Iranian Rial declined precipitously after the Islamic revolution of 1979 because of capital flight from the country (estimated at $30 to $40 billion). The value of the Iranian Rial is stable, thanks to tight control by the central bank, which manages demand through state ownership of oil export earnings, and oversight of monetary flows. The bank does allow the rial to weaken in nominal terms to improve the competitiveness of non-oil exports.
Symbols and Names.
Bills: 100, 200, 500, 1,000, 2,000, 5,000, 10,000, 20,000, 50,000, 100,000 rials Coins: 50, 250, 100, 500, 1,000, 2,000, 5,000 rials.
Countries Using This Currency.
Currencies Pegged To IRR :
IRR Is Pegged To:
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Iran forex trading

Commodity Trading Tips from Iran Based Company.
To familiarize yourself with some investing basics, consider checking out An Introduction to Stocks, Futures, Forex & Options Markets before diving into commodities.
Commodities are the raw materials required to keep economies around the world in motion. There are four primary categories of commodities currently traded on the Market Including :
This includes Gasoline, Heating Oil, Natural Gas and Crude Oil.
Lean Hogs, Pork Bellies, Live Cattle and Feeder cattle are all included in this Category.
Gold, Silver, Platinum and Copper are all traded daily in the Commodities Exchange.
This category includes raw materials such as Corn, Soybeans, Cocoa, Coffee, Cotton and Sugar.
A 'commodity market' is a market that trades in primary rather than manufactured products. Soft commodities are agricultural products such as wheat, coffee, cocoa and sugar. Hard commodities are mined, such as gold and oil. Investors access about 50 major commodity markets worldwide with purely financial transactions increasingly outnumbering physical trades in which goods are delivered. Futures contracts are the oldest way of investing in commodities. Futures are secured by physical assets.
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All traders from Iran can deposit and withdraw their profits using major credit and debit cards, Moneybookers, LibertyReserve, cashU and bank wire transfers.
Choose the best account that matches your forex trading needs. If you are from Iran, you can choose a micro, mini, standard or even Islamic forex trading account to trade currencies and CFD's online.
All our customers from Iran can enjoy low commission trading of over 40 trading instruments including silver, gold, crude oil and international market indexes in addition to natural gas & other energies.
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Avoid Emotional Trading - Without that all-important strategy, you're trades essentially are thoughts only and thoughts are emotions and a very poor foundation for trading. When most of us are upset and emotional, we don't tend to make the wisest decisions. Don't let your emotions sway you.
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Trading foreign exchange on margin carries a high level of risk and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading and seek advice from an independent financial advisor if you have any doubts.

Forex in Iran.
Forex trading seems to be not allowed in Iran and there are not local iranian Forex brokers in this country. Traders living abroad can use global forex brokers.
List of best Forex brokers in Farsi.
Here you can find a list of global reliable Forex brokers online offering service in Farsi for iranian traders living abroad.
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Risk Warning: Investments involve a high level of risk. It is possible to lose all your capital.
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