Iran to phase out old rial by 2030 in four-zero redenomination Iran has begun preparations to redenominate its currency, with the old rial set for full withdrawal by 2030 following a two-year system overhaul and three-year dual-currency transition.

Iran has begun preparations to redenominate its currency, with the old rial set for full withdrawal by 2030 following a two-year system overhaul and three-year dual-currency transition. Bne IntelliNews #Iran #Rial #CurrencyReform #Redenomination #EconomicChange