Currency is one of the most important localization topics for an Iran-focused financial page.
Iran uses the Iranian rial, abbreviated IRR, while the toman is widely used in everyday discussions of prices and amounts.
These two units should never be used interchangeably without explanation.
A reader accustomed to toman-denominated prices can easily misunderstand an amount expressed in rials, especially when payment interfaces do not display the denomination clearly.
The traditional relationship is:
1 toman = 10 Iranian rials.
However, currency reforms and the conventions used by individual financial systems require current verification.
For an international platform, the situation can be more complicated if an account balance is displayed in a different currency.
Five currency terms to distinguish
- Payment currency: The currency used for the original transaction.
- Account currency: The unit in which the platform displays the balance.
- Settlement currency: The currency ultimately used by the receiving financial service.
- Exchange rate: The conversion relationship between currencies.
- Conversion fee: Any additional cost associated with exchanging money.
An amount sent in one currency may not be identical to the amount displayed after conversion.
XpariBet's support for IRR-denominated accounts or toman payments in Iran has not been independently established.