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Iranian Toman
The Iranian toman (, pronounced ; from Turko-Mongolian ''tümen'' "unit of ten thousand", see the unit called tumen) is a superunit of the official currency of Iran, the rial. One toman is equivalent to 10 (old), or 10,000 (new, official) rials. Originally, the toman consisted of 10,000 dinars. Between 1798 and 1825, the toman was also subdivided into eight rials, each of 1,250 dinars. In 1825, the qiran was introduced, worth 1,000 dinars or one-tenth of a toman. In 1932, the rial replaced the qiran at par, with one toman being equal to 10 rial. Colloquially, the toman is more used than the rial. Coins Iranian gold coins were denominated in toman, with copper and silver coins denominated in dinar, rial or qiran. During the period of hammered coinage, gold toman coins were struck in denominations of , , 1, 2 and 10 toman, and later , 3 and 6 toman. With the introduction of milled coinage in AH1295, denominations included , , 1, 2, 5, 10, and 25 toman. The last gold toman were ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hijri Year
The Hijri year () or era () is the era used in the Islamic lunar calendar. It begins its count from the Islamic New Year in which Muhammad and his followers migrated from Mecca to Yathrib (now Medina) in 622 CE. This event, known as the Hijrah, is commemorated in Islam for its role in the founding of the first Muslim community (''ummah''). Currently, the Hijri year is . In the West, this era is most commonly denoted as AH (, , ) in parallel with the Christian/Common (AD/CE) and Jewish eras (AM) and can similarly be placed before (preferably) or after the date. In predominantly Muslim countries, it is also commonly abbreviated H ("Hijra") from its Arabic abbreviation (). Years prior to AH 1 are reckoned in English as BH ("Before the Hijra"), which should follow the date. A year in the Islamic lunar calendar consists of twelve lunar months and has only 354 or 355 days in its year. Consequently, its New Year's Day occurs ten days earlier each year relative to the Gregorian ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hammered Coinage
Hammered coinage was the most common form of coins produced from the invention of coins in the first millennium BC until the early modern period of c. the 15th–17th centuries, contrasting to the cast coinage and the later developed milled coinage. History Hammered coins were produced by placing a blank piece of metal (a '' planchet'' or ''flan'') of the correct weight between two dies, and then striking the upper die with a hammer to produce the required image on both sides. The planchet was usually cast from a mold. The bottom die (sometimes called the ''anvil die'') was usually counter sunk in a log or other sturdy surface and was called a ''pile''. One of the minters held the die for the other side (called the ''trussel''), in his hand while it was struck either by himself or an assistant. Experimental archeology suggests that a lower die could be expected to last for up to 10,000 strikes depending on the level of wear deemed acceptable. Upper dies seem to have a far gr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Banking In Iran
Following the Iranian Revolution, Iran's banking system was transformed to be run on an Islamic interest-free basis. As of 2010 there were seven large government-run commercial banks. As of March 2014, Iran's banking assets made up over a third of the estimated total of Islamic banking assets globally. They totaled 17,344 trillion rials, or US$523 billion at the free market exchange rate, using central bank data, according to Reuters. Since 2001 the Iranian Government has moved toward liberalising the banking sector, although progress has been slow. In 1994 Bank Markazi (the central bank) authorised the creation of private credit institutions, and in 1998 authorised foreign banks (many of whom had already established representative offices in Tehran) to offer full banking services in Iran's free-trade zones. The central bank sought to follow this with the recapitalisation and partial privatisation of the existing commercial banks, seeking to liberalise the sector and enc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Redenomination
In monetary economics, redenomination is the process of changing the face value of banknotes and coins in circulation. It may be done because inflation has made the currency unit so small that only large denominations of the currency are in circulation. In such cases the name of the currency may change or the original name may be used with a temporary qualifier such as "new". Redenomination may be done for other reasons such as changing over to a new currency such as the Euro or during decimalisation. Redenomination itself is considered symbolic as it does not have any impact on a country's exchange rate in relation to other currencies. It may, however, have a psychological impact on the population by suggesting that a period of hyperinflation is over, and is not a reminder of how much inflation has impacted them. The reduction in the number of zeros also improves the image of the country abroad. Inflation over time is the main cause for the purchasing power of the monetary un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Central Bank Of The Islamic Republic Of Iran
The Central Bank of the Islamic Republic of Iran (CBI; ; SWIFT Code: BMJIIRTH), also known as ''Bank Markazi'', was established under the Iranian Banking and Monetary Act in 1960. It serves as the banker to the Iranian government and has the exclusive right of issuing banknote and coinage. CBI is tasked with maintaining the value of the Iranian rial and supervision of banks and credit institutions. It acts as custodian of the National Jewels, as well as foreign exchange and gold reserves of Iran. It is also a founding member of the Asian Clearing Union, controls gold and capital flows overseas, represents Iran in the International Monetary Fund (IMF) and internationally concludes payment agreements between Iran and other countries. In November 2023 after 50 years central bank was revamped fully and changed to include Islamic Republic Development Bank. The Central Bank was cyberattacked by IRLeaks in August 2024. The Iranian government was forced to pay ransom to the hackers ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Iran
The Government of the Islamic Republic of Iran (), known simply as ''Nezam'' (), is the ruling State (polity), state and current political system in Iran, in power since the Iranian Revolution and fall of the Pahlavi dynasty in 1979. Its Constitution of the Islamic Republic of Iran, constitution, adopted by an ex post facto December 1979 Iranian constitutional referendum, referendum, calls for separation of powers, with Cabinet of Iran, executive, Iranian Parliament, legislative and Judicial system of the Islamic Republic of Iran, judicial systems. The Supreme Leader of Iran, supreme leader of Iran is the country's List of heads of state of Iran, head of state and Commander-in-Chief of the Iranian Armed Forces, commander-in-chief of the Armed Forces of the Islamic Republic of Iran, armed forces. It is currently one of the three governments using the title Islamic republic. Creation The Islamic Republic of Iran was created shortly after the Iranian Revolution, Islamic Revolu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Wilhelm Wassmuss
Wilhelm Wassmuss (1880 – November 29, 1931; German spelling: Waßmuß) was a German diplomat and spy and part of Niedermayer–Hentig Expedition, known as "Wassmuss of Persia". According to British versions of history, he "attempted to foment trouble for the British" in the Persian Gulf in the First World War. Birth and schooling Wilhelm Wassmuss was born in 1880 in Ohlendorf, 60 kilometers south-east of Hanover, Germany, and after a university education he entered the German Foreign Office in 1906. Sent first to Madagascar, he was promoted to vice consul and assigned to the German Consulate in the Persian port town of Bushehr by the Persian Gulf in 1909. In 1910 he was returned to Madagascar where, rarely seen in public, he spent three years in an obsessive study of the desert and its peoples. In 1913, he was relocated back to Bushehr. While the details of what happened next are sketchy, it seems that with the start of World War I, Wassmuss appears to have recognized ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Persian Language
Persian ( ), also known by its endonym and exonym, endonym Farsi (, Fārsī ), is a Western Iranian languages, Western Iranian language belonging to the Iranian languages, Iranian branch of the Indo-Iranian languages, Indo-Iranian subdivision of the Indo-European languages. Persian is a pluricentric language predominantly spoken and used officially within Iran, Afghanistan, and Tajikistan in three mutual intelligibility, mutually intelligible standard language, standard varieties, respectively Iranian Persian (officially known as ''Persian''), Dari, Dari Persian (officially known as ''Dari'' since 1964), and Tajik language, Tajiki Persian (officially known as ''Tajik'' since 1999).Siddikzoda, S. "Tajik Language: Farsi or not Farsi?" in ''Media Insight Central Asia #27'', August 2002. It is also spoken natively in the Tajik variety by a significant population within Uzbekistan, as well as within other regions with a Persianate society, Persianate history in the cultural sphere o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
World War I
World War I or the First World War (28 July 1914 – 11 November 1918), also known as the Great War, was a World war, global conflict between two coalitions: the Allies of World War I, Allies (or Entente) and the Central Powers. Fighting took place mainly in European theatre of World War I, Europe and the Middle Eastern theatre of World War I, Middle East, as well as in parts of African theatre of World War I, Africa and the Asian and Pacific theatre of World War I, Asia-Pacific, and in Europe was characterised by trench warfare; the widespread use of Artillery of World War I, artillery, machine guns, and Chemical weapons in World War I, chemical weapons (gas); and the introductions of Tanks in World War I, tanks and Aviation in World War I, aircraft. World War I was one of the List of wars by death toll, deadliest conflicts in history, resulting in an estimated World War I casualties, 10 million military dead and more than 20 million wounded, plus some 10 million civilian de ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Counterfeiting
A counterfeit is a fake or unauthorized replica of a genuine product, such as money, documents, designer items, or other valuable goods. Counterfeiting generally involves creating an imitation of a genuine item that closely resembles the original to deceive others into believing it is authentic. Counterfeit products are often made to take advantage of the higher value of the original product, typically using lower-quality materials or production methods. Counterfeit food, drinks, medicines, and personal care products can contain harmful or inactive ingredients, causing anything from mild issues to serious, life-threatening ones. Counterfeit footwear, clothing, and accessories have been found to contain high levels of lead, arsenic, and phthalates. Forgery of money or government bonds Counterfeit money is currency that is produced without the legal sanction of the state or government; this is a crime in all jurisdictions of the world. The United States Secret Service, mostly k ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Naser Al-Din Shah Qajar
Naser al-Din Shah Qajar (; ; 17 July 1831 – 1 May 1896) was the fourth Shah of Qajar Iran from 5 September 1848 to 1 May 1896 when he was assassinated. During his rule there was internal pressure from the people of Iran, as well as external pressure from the British empire and the Russian empire. He granted many concessions, most importantly the Reuter concession and the Tobacco concession. He allowed the establishment of newspapers in the country and made use of modern forms of technology such as telegraph, photography and also planned concessions for railways and irrigation works. Despite his modernizing reforms on education, his tax reforms were abused by people in power, and the government was viewed as corrupt and unable to protect commoners from abuse by the upper classes which led to increasing anti-governmental sentiments. He was assassinated when visiting a shrine in Rayy near Tehran. He was the first modern Iranian monarch who formally visited Europe and wrote of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Imperial Bank Of Persia
The Imperial Bank of Persia () was a British bank that operated as the central bank and bank of issue in Iran (formerly known as Name of Iran, Persia until 1935) between 1889 and 1929. It was established in 1885 with a concession from the Persian government to Paul Reuter, Baron Julius De Reuter (born Israel Beer Josaphat) a German–Jewish banker and businessman who later became a Christian and a British subject. The bank was the first modern bank in Iran and introduced European banking ideas to a country in which they were previously unknown. The legal centre of the bank was in London and whilst it was subject to British law, its activities were based in Tehran. It also had operations in other Middle Eastern countries. It was later named British Bank of the Middle East (BBME) and is now called HSBC Bank Middle East, HSBC Bank Middle East Limited. After the Iranian Revolution of 1979, all the Iranian activities of this bank were transferred to Bank Tejarat. Background and histor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
