Iran's currency is the Iranian Rial, which is represented by the symbol "﷼" and has the ISO code IRR. The Rial is the official currency of Iran and is used for all financial transactions within the country.

One Iranian Rial is divided into 100 dinars, although the dinar is no longer used in everyday transactions. Banknotes are issued in denominations of 1000, 2000, 5000, 10,000, 20,000, 50,000, 100,000, and 500,000 Rials, while coins are issued in denominations of 50, 100, 250, 500, and 1000 Rials.

As of August 2021, the exchange rate for the Iranian Rial is approximately 42,000 Rials to 1 US Dollar. However, due to the economic sanctions imposed on Iran by the United States and other countries, the value of the Rial has fluctuated significantly in recent years.

It is important to note that foreign currencies such as the US Dollar and the Euro are not widely accepted in Iran, so it is recommended to exchange your money for Rials before traveling to the country. Exchange facilities are available at airports, banks, and exchange offices throughout Iran.

For more information on the Iranian Rial and the current exchange rate, you can visit the official website of the Central Bank of Iran here. Additionally, you can check the latest news and updates on Iran's economy and currency on reputable financial news websites such as Bloomberg or Reuters.

In conclusion, the Iranian Rial is the official currency of Iran and is used for all financial transactions within the country. While the exchange rate may fluctuate due to economic sanctions and other factors, it is recommended to exchange your money for Rials before traveling to Iran to avoid any inconvenience.

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