Iranian toman facts for kids
Quick facts for kids Iranian toman |
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|---|---|---|---|
| Toman | |||
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| User(s) |  Iran |
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| Subunit | |||
| 1⁄10000 | Dinar (former) | ||
| 1⁄10 | Deman | ||
| Coins | |||
| Freq. used | 1⁄5, 1⁄2, 1, 2, 5, 10, and 25 | ||
| Banknotes | |||
| Freq. used | 1,000; 2,000; 5,000; 10,000; 50,000; and 100,000 | ||
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The Iranian toman (Persian: تومان, romanized: tomān) is a special way to talk about money in Iran. It comes from a Mongolian word meaning 'unit of ten thousand'. Even though the official money in Iran is called the rial, most people in Iran use the word "toman" every day.
Think of it like this: one toman is worth ten rials. So, if something costs 5,000 tomans, it really costs 50,000 rials. People find it easier to use tomans for prices.
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How Iranian Toman is Used Today
The toman is not an official coin or banknote you can hold. Instead, it is a way people count money. Imagine you are buying something in a shop in Iran. The price tag might show the cost in rials. But the shopkeeper will usually tell you the price in tomans.
For example, a snack might be 20,000 rials. The shopkeeper would say "2,000 tomans." This makes big numbers simpler to say and understand.
Why Do Iranians Use Toman?
Iranians have used the toman for a very long time. It was once the official currency. Even after the rial became the official money, people kept using toman in their daily lives. It is a part of their culture and how they talk about money.
It helps to simplify large amounts. When prices are high, using tomans means you are dealing with smaller, easier-to-manage numbers. This makes shopping and trading much simpler for everyone.
History of the Toman Currency
The toman has a long and interesting history in Iran. It was once the main currency of the country. Over time, its value and how it was divided changed.
Early Toman Values
When the toman was first used, it was a very large unit of money. One toman was equal to 10,000 dinars. The dinar was a smaller unit of currency. This shows how important and valuable the toman was.
Changes in the 18th and 19th Centuries
Between the years 1798 and 1825, the toman was divided differently. During this time, one toman was worth eight rials. Each of these rials was equal to 1,250 dinars. This was a change from the original 10,000 dinars per toman.
In 1825, a new coin called the Qiran was introduced. This qiran was worth 1,000 dinars. It was also equal to one-tenth of a toman. So, ten qirans made one toman. This system helped simplify money calculations for people.
Images for kids
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10-toman gold coin from 1896, showing Mozaffar ad-Din Shah Qajar.
