Iranian qiran

It was subdivided into 20 shahi or 1000 dinar and was worth one tenth of a toman.

The rial replaced the qiran at par in 1932, although it was divided into one hundred (new) dinars.

Despite the qiran no longer being an official denomination, the term still enjoys wide usage among Iranians.

[1] In 1930, it was pegged to sterling at 59.75 qirans = £1 stg, although a regulated parallel market existed where the price of sterling is much higher than the aforementioned legal rate.

A milled coinage was introduced in 1876, with denominations of 12, 25, 50, 100 and 200 dinar, 1⁄4, 1⁄2, 1, 2 and 5 qiran.