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There is an active black market in foreign exchange, but the development of the TSE rate and the ready availability of foreign exchange during 2000 narrowed the differential to as little as IR100 in mid-2000. However, the spread increased again in September 2010 because of channels for transferring foreign currency to and from Iran being blocked because of international sanctions.
What Could you buy with 17000 Toman in Different Years?
There is an active black market in foreign exchange, but the development of the TSE rate and the ready availability of foreign exchange during 2000 narrowed the differential to as little as IR100 in mid-2000. However, the spread increased again in September 2010 because of channels for transferring foreign currency to and from Iran being blocked because of international sanctions.