How much did the biggest banknote of Iran's economy go down?        

It was the first time in August 2007 that the Central Bank of Iran unveiled a 100,000 toman check as the largest banknote in Iran's economy.


Farda Eghtaz wrote: It was the first time in August 2007 that the Central Bank of Iran unveiled a 100,000 Toman check as the largest banknote in Iran's economy. At that time, the price of the dollar in the open market was 970 tomans, which means that the largest banknote that the government released was worth more than 100 dollars.

It was the first time in August 2007 that the Central Bank of Iran unveiled a 100,000 toman check as the largest banknote in Iran's economy. At that time, the price of the dollar in the open market was 970 tomans, which means that the largest banknote that the government released was worth more than 100 dollars.

Today, on March 1, 1401, i.e. 14 years after the unveiling of the largest banknote in Iran's economy, a larger banknote has not yet entered the market, and the exchange rate in the informal market has reached about 50 thousand tomans. This means that the value of the largest banknote in Iran's economy has now reached only 2 dollars.

A Twitter user wrote some time ago that "your car did not cost 2 billion tomans, but a car cost 2 billion" now it seems that this has been the narrative of Iran's economy for at least the past decade. The continuous devaluation of the national currency and a 98% drop in the purchasing power of money.



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