The World's Most Confusing Currency (IRAN)

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  • čas přidán 27. 06. 2018
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    One of my favorite things to do whenever I enter a new country (like Iran) is analyze their currency situation, exchange rate, and how these things affect their economy.
    I’ve handled many inflated currencies over the past few years -- such as the Indonesian RUPIAH and Vietnamese DONG - but here in Iran, the RIAL gets a lot more confusing than inflation.
    Iran has 2 different systems to count their money. The first is RIALS (the official Iranian currency), and the second is TUMAN (which is like the Rial, without the last zero). As a traveler, you don’t know which price is listed unless you ask. $1 USD = 50,000 Rials and that same $1 dollar = 5,000 Tuman. Sound confusing? ... It is!
    Moreover, the only way to get money in Iran as a tourist is by bringing lots of cash (USD or Euros is preferred) and then exchanging it for Iranian Rials when you arrive. The reason is that there are no ATMs in Iran that cater to foreign banks.
    If you are as confused reading this as I am typing it out, then this video will explain the confusing world of the Iranian Rial a little better.
    Just curious, did you know anything about this before I made this video? Please share your thoughts on this below! And special thanks to G Adventures for hosting me on this life-changing trip!
    #Iran #Money #Travel
    FIND ME ON SOCIAL MEDIA:
    ►Facebook: / drewbinsky (I post daily videos there too!)
    ►Instagram: / drewbinsky
    MORE ABOUT ME:
    drewbinsky.com/about/
    CONTACT ME:
    drew (at) drewbinsky (dot) com

Komentáře • 3,1K

  • @drewbinsky
    @drewbinsky  Před 4 lety +113

    If you enjoyed this video, then check out my Instagram for more inspiring travel stories from around the world! instagram.com/drewbinsky/

    • @matinect9747
      @matinect9747 Před 4 lety +3

      Drew Binsky this video is from 1 year ago why are you commenting still lol

    • @paulaterry9305
      @paulaterry9305 Před 4 lety

      @@matinect9747 I know right?

    • @mustafaridhwaan1396
      @mustafaridhwaan1396 Před 4 lety +1

      Where did you exchange your dollars into Tuman/Rial as I’m from the UK so I’m sure wherever you can exchange dollars, you can also exchange pounds

    • @mandyfisher1234
      @mandyfisher1234 Před 4 lety

      Thank you Drew!! I liked you video! Also I'm not sure how did you do business in Iran, but most of the people do not carry or use cash and pay with debit cards. Taxis, underground trains, BRT buses etc all use cards. And all are domestic Iranian system. As you said no major credit cards work in Iran. You could also exchange your cash dollar with prepaid cash cards in Iran as well like gift cards. Fun fact is ALL the Iranian cash cards work with ALL the ATMs and there is no transaction fees, withdrawal fees or transfer fees. None of the banks in Iran also charge any maintenance fee no matter the amount of your balance or account activity. Banks pay between 7-10% interest on checking accounts and more on savings accounts. On the other hand there is no credit system and checks mostly work as timely payments when you want to pay late for something. They just write the future date on the check and hand it over.
      Iran is full of surprises if you go there! I promise you. And actually the good ones! ;-)

    • @ali.m2339
      @ali.m2339 Před 3 lety

      i get 12milion tuman every month for working(im iranian)

  • @TamimLB
    @TamimLB Před 4 lety +1930

    American: I’m a Millionaire!
    Iranians: I’m a Billionaire!
    Zimbabwean: I’m a Trillionaire!

  • @veobro1456
    @veobro1456 Před 5 lety +2088

    Boy:i have 1000000
    Girl:and I'm yours
    Boy:in Zimbabwe
    Girl:and in dreams

  • @aryan.21.
    @aryan.21. Před 5 lety +3174

    So you're telling me everyone's a millionaire?

    • @akbarjafari6984
      @akbarjafari6984 Před 5 lety +70

      NO . It's just our currency . If anyone comes here with dollars , very cheap for him Because the value of the dollar in Iran is very high.

    • @aryan.21.
      @aryan.21. Před 5 lety +225

      @@akbarjafari6984 Bro there's this something called sarcasm

    • @rly.slo2ss
      @rly.slo2ss Před 5 lety +13

      Basically yes😂 paychecks are basically million toman per month and stuff like that but you would hear 1 million toman and say MILLION thats alot but for us 1 million toman is a gd sum of money but it isnt like considered alot of money

    • @thealgerianreporter5110
      @thealgerianreporter5110 Před 5 lety +63

      In Zimbabwe every one is a billionaire

    • @kingac1126
      @kingac1126 Před 5 lety +13

      @@akbarjafari6984 r/whoooosh

  • @marwaalmira7798
    @marwaalmira7798 Před 5 lety +1091

    I've been to Iran and Vietnam, the only places were I was a millionaire. Lol

  • @pralayjalvi8097
    @pralayjalvi8097 Před 6 lety +4213

    Crazy fact: Everybody in Iran's a millionaire!!!

    • @pralayjalvi8097
      @pralayjalvi8097 Před 6 lety +290

      Ahmed U jst need around 24$ to be a millionaire..There's no way anyone be that poor!!!

    • @m.a4491
      @m.a4491 Před 6 lety +76

      Pralay Jalvi no, a billionaire in Iran = a millionaire in e.g. US in their own way, also bread costs like 5000 T.

    • @pralayjalvi8097
      @pralayjalvi8097 Před 6 lety +16

      I don't know Oh yeah, lol😂

    • @positivesociety9312
      @positivesociety9312 Před 6 lety +4

      Pralay Jalvi well rich world

    • @jivanjovan
      @jivanjovan Před 6 lety +35

      Pralay Jalvi *Well in Zimbabwe...*

  • @punjabigundaa
    @punjabigundaa Před 6 lety +3392

    No wonder Iranians are smart. They be doing math all day long.

    • @Sa-if
      @Sa-if Před 6 lety +358

      HK Z If they were smart enough, they would fix their country.

    • @vaibhavshukla9288
      @vaibhavshukla9288 Před 6 lety +95

      Subee it is pretty fixed

    • @kingbreezy_5727
      @kingbreezy_5727 Před 6 lety +183

      HK Z I believe they were the ones who invented Algerbra

    • @pali0123
      @pali0123 Před 6 lety +62

      TheArcticOre _ arabs actually

    • @princessgem1001
      @princessgem1001 Před 6 lety +149

      The word algebra comes from the Arabic الجبر (al-jabr lit. "the reunion of broken parts") from the title of the book Ilm al-jabr wa'l-muḳābala by the Persian mathematician and astronomer al-Khwarizmi.

  • @notryosukesan9111
    @notryosukesan9111 Před 4 lety +391

    I guess we all know why CZcams recommended this now...

  • @kasi_hisha
    @kasi_hisha Před 5 lety +418

    Me: Mom can I get some money?
    Mom: oh sure honey, here’s a few million rials
    🤣

    • @samirnawrozada6685
      @samirnawrozada6685 Před 5 lety +19

      Nah, here's a couple billion that's worth nothing :)

    • @janellek21
      @janellek21 Před 5 lety +16

      Here's 5 million rial. Now go to the store and get me a pack of smokes.

    • @milliyetci5672
      @milliyetci5672 Před 4 lety +3

      hahaha

    • @lankashama124
      @lankashama124 Před 4 lety

      🤣🤣🤣😂😂

    • @Vunims
      @Vunims Před 4 lety

      @@janellek21 5 million rial is 20 smoke pocket

  • @hxmzxii897
    @hxmzxii897 Před 6 lety +347

    I consider myself an Iranian millionaire

    • @boobak
      @boobak Před 6 lety +16

      but how do you call rich people? Infinitioner?

    • @rajab4187
      @rajab4187 Před 5 lety

      Haha

    • @rajab4187
      @rajab4187 Před 5 lety +2

      @@fat_ducc3366 that is so sad

    • @JhOn-qc6ky
      @JhOn-qc6ky Před 5 lety +1

      @@rajab4187 Alexa play despacito

    • @X28Q
      @X28Q Před 5 lety

      2.5million TUMAN gets you a car there

  • @TheMarshmelloSquid
    @TheMarshmelloSquid Před 4 lety +232

    Rich kid: i have 100,000 dollars
    Iranian kid: *laughs in iran*

  • @R.G.Edio_CPA
    @R.G.Edio_CPA Před 5 lety +492

    Zimbabwe currency is sad. 100 Trillion is only 40USD cents.🙁

  • @Brucey
    @Brucey Před 6 lety +1380

    *You take out a wad of cash for them to count?! Be careful they don’t rip you off!*
    Edit: I would be cautious in any market in any country, not any particular one.

    • @kareemawad35
      @kareemawad35 Před 6 lety +171

      Brucey I don’t want to be biased, but Iran is a very religious country. And in Islam it’s forbidden to steal or rip someone off, and many Muslims take that very seriously. So his chances of getting ripped off are very very slim. But still possible.

    • @aliparnian614
      @aliparnian614 Před 6 lety +55

      Mate im an Iranian and the only thing u have to worry in a market is not to get ripped off so most of the time ur arguing with the seller

    • @anasss1197
      @anasss1197 Před 6 lety +62

      ZELOR GAMING I'm a muslim living in a muslim country I agree about the rules of Islam but muslims are not all good people, some of them will fuck you up if you're a tourist, for example ripping you off if you do like he did by taking out money and waiting for him to take the right money, or they make the price higher if you're a tourist which is pretty sad

    • @schadenfreude000
      @schadenfreude000 Před 6 lety +70

      ZELOR GAMING Lol, Iran isn’t a religious country. The government is. There’s a difference. I was in Iran a few years ago and the majority of people I met had very negative feelings towards religion and what it had done to their country.

    • @Schaffkid
      @Schaffkid Před 6 lety +7

      ZELOR GAMING your comment is ignorant as fucccccc

  • @abep6901
    @abep6901 Před 6 lety +105

    Actually the last part is totally wrong. Iranians don't rely that much on cash. Foreigners do because foreign credit cards are not accepted by local businesses. The reason for that is Iran's political isolation and America's long-term policy of keeping Iran a pariah state. Hence companies such as Visa or Mastercard have no agreements in place with Iranian banks.
    Having said that, Iranians themselves heavily rely on debit cards and use them everywhere to pay for everything.

    • @Leperse85
      @Leperse85 Před 6 lety +1

      Exacte

    • @cookwithpros9479
      @cookwithpros9479 Před 5 lety +5

      Exactly .. i was abt to write that.. you cant blame iran for that but the forc d sanctions on them just bcoz they dnt want agree on your terms !!

    • @missatlas1933
      @missatlas1933 Před 5 lety +1

      thank's for your good reply

    • @Ashleycolorful
      @Ashleycolorful Před rokem

      yeah

  • @prophesaiah4107
    @prophesaiah4107 Před 4 lety +62

    “Just write it in scientific notation”

  • @HJeff
    @HJeff Před 4 lety +48

    When I was in Iran, I was approached by a British gentleman whose father had passed on the plane and the plane had made an emergency landing in Iran for that very reason. He was visibly distraught and nervous about that whole situation and Iran's confusing currency system had become a double whammy. I'm glad I resolved at least a part of his problem by explaining how our currency works.

    • @Ashleycolorful
      @Ashleycolorful Před rokem +1

      ayayayyayayayay another felow iranian:D
      our currency isn't confusing once you get used to it

  • @Chimera_166
    @Chimera_166 Před 6 lety +247

    5 tuman. Is 5,000. Similar to 5,000 being 5k. Its just easier that way.

    • @itplus7
      @itplus7 Před 5 lety +2

      Well done

    • @ahgajaye
      @ahgajaye Před 5 lety

      what about 50 tuman? is that 5k also or a regular 5$

    • @psion1C
      @psion1C Před 5 lety +1

      Is 5 tuman 50,000 rials, or?

    • @alizalzar
      @alizalzar Před 5 lety +15

      @@psion1C The funny thing is that you all are correct. 5 Toman can refer to 5000 rial, so that means 50 Toman is 50,000 Toman which is 500,000 Rial. Also to confuse you a lil more, 5 Toman can be 5,000,000 Toman too. As Abulayi mentioned, Toman is kinda like a substitute for K (10 power of 3) yet on a bigger scale, its substitute for M too, the one with the million (10 power of 6). But it's not that confusing coz u know, when ur friend tells ya "i bought the car for 50 Toman" you know he didnt buy it for 50,000 Toman which is like about $2 at the moment ...lol. its 50 million Toman.
      hey, you know what? the more i explain the more i feel like you need an Iranian with you at all time. it will be easier to pay for the stuff, no one will rip you off aaaaaaaaaaaannnnnd, it will be more fun... lolol

    • @GouramiNatural
      @GouramiNatural Před 5 lety

      Are you a poem writer god

  • @khashayarshahi4554
    @khashayarshahi4554 Před 6 lety +206

    Each dollar equals 90,000 rials right now and if you got 25 million rials for 800 dollars that means you sold your dollars for 31,250 rials which is even less than 1/3 of the real exchange rate. Watch out for who you are dealing with.

    • @TechSurreal
      @TechSurreal Před 6 lety +45

      khashayar shahi First I thought this video has been recorded in the past but when I saw the date on that receipt 1:25 I've noticed it's about a month ago. He has been definitely scammed!

    • @Followerofchrist2091
      @Followerofchrist2091 Před 6 lety +2

      Or they might’ve taxed it..? Is that possible?

    • @Napoleon_Blownapart
      @Napoleon_Blownapart Před 6 lety

      Taxes?

    • @Followerofchrist2091
      @Followerofchrist2091 Před 6 lety +5

      Napoleon Blownapart yes like because you’re exchanging foreign money they might’ve taxed you for their services to exchange and then other government tax or something

    • @Napoleon_Blownapart
      @Napoleon_Blownapart Před 6 lety

      ShufflebotUPonYOU i know that, i was asking the op is it could be taxes. Didnt noticed you asked the same thing.

  • @Zblboul
    @Zblboul Před 4 lety +204

    Iran: we have a crazy money system
    Morocco: am I a joke to you?

    • @Zblboul
      @Zblboul Před 4 lety +9

      @@sam-gv9qw it would take me hours to explain

    • @Zblboul
      @Zblboul Před 4 lety +18

      @@sam-gv9qw but basically there's the official Dirham and the unofficial Ryal, Franc and Doro in some regions

    • @haitamc5611
      @haitamc5611 Před 4 lety +41

      @@sam-gv9qw So the official currency is dirham. but the currency we use when in public is rial which is worth 5 cents. so when you want to buy something in morocco and they say give me 40 they mean 2 dirhams. it gets more complicated when talking about big sums of money. when you ask someone how much he bought a car for and he says 20 million, he doesnt mean 20 million, dirhams, or rials, he means franks, which is equal to one cent. So that car is worth 200000 dirhams not 20 million. its so weird.

    • @arshad-zaidi
      @arshad-zaidi Před 4 lety +5

      @@haitamc5611 lol

    • @one4all56
      @one4all56 Před 4 lety +5

      Algeria too

  • @alikolahdooz8018
    @alikolahdooz8018 Před 4 lety +17

    First of all thanks for the video Drew.
    I want to post an update to the video :
    In May 2020 Iranian parlement decided to finally change the currency to Tuman (So one zero here) and the new Tuman equals 10.000 current Iranian Rials (3 zeros here). So in the video you said the shopkeeper asked for 2 Tumans and he actually meant 20.000 Rials. The new currency will make that 2 Tumans official.
    I hope it helps us not to have the most confusing currency ever 👌🏻👌🏻

  • @kaiserwilhelm2397
    @kaiserwilhelm2397 Před 6 lety +231

    Something like turkey in 1980 i remember my mother sending me with 2 million liras to buy a one bread

    • @kaiserwilhelm2397
      @kaiserwilhelm2397 Před 6 lety +7

      The Unseen Abnormal God Of Transcendence yeah it’s like never ending we just removed the zeros but we still buy everything from the other nations we can’t produce by orselves even agriculture I heard that we started to buy even our food that’s incredible

    • @roardinoson7
      @roardinoson7 Před 6 lety

      Rystem Halil Lmao! Hyperinflation, currency devalued?

    • @AnadolununAslan
      @AnadolununAslan Před 6 lety +3

      Rystem Halil 2 million lira for bread?? I was getting it for 700,000 and even 500,000 for a certain time! It's 70 kuruş (0.7 TL) last time I was there but due to the ailing currency it might be higher now (last time I was there was during the coup d'etat)

    • @supportervandeeuropeseunie1625
      @supportervandeeuropeseunie1625 Před 6 lety +2

      Rystem Halil Not every country can be like the Netherlands. Don't be ashamed. Even Russia has to import food.

    • @blacknwhitetruthfully5325
      @blacknwhitetruthfully5325 Před 6 lety

      Rystem Halil wtf 😱

  • @Alirezarz62
    @Alirezarz62 Před 6 lety +637

    Man you got 2.5 Million Tuman for 800 dollars?!! You got scammed LMAO, It should have been around 6.4 Million Tuman!

    • @blueflame9076
      @blueflame9076 Před 5 lety +66

      Alireza Asadi I never trust the guides or airport people. I don’t know why, They feel eerie to me.

    • @blueflame9076
      @blueflame9076 Před 5 lety +43

      In any country

    • @illuminated1640
      @illuminated1640 Před 5 lety +4

      I see u in MV

    • @ernestbr9786
      @ernestbr9786 Před 5 lety +64

      100 dollars = 420k T so 800 dollars = 2.5m T or 25m Rials, so its correct

    • @haideralisarmast3342
      @haideralisarmast3342 Před 5 lety +9

      Such fraud took place with you because you belong tosuch a country that isn't favourable to Iran development

  • @minhkhoihoangngoc9770
    @minhkhoihoangngoc9770 Před 4 lety +45

    1:56
    Lol thats literally me when Im 7 going to the grocery store.

  • @bikr2381
    @bikr2381 Před 4 lety +11

    The worst inflation crisis was in Hungary after WW2 where prices doubled every 23 hours!

    • @KIM-xl6zs
      @KIM-xl6zs Před 3 lety

      True not the Zimbabwean one

    • @expunged69420
      @expunged69420 Před rokem

      Infaltion in iran goes gas gas gas after protests and corona and also inflation is very bad in Iran as prices increases a lot EVERY SECOND one day u wake and see the prices are 3x more than before

  • @BaSsGaZ
    @BaSsGaZ Před 6 lety +103

    You certainly haven't come to Morocco then. The official currency is dirham. But in the north, the use Ryal or Franc 1dirham=100franc=2Ryal. In the rest of Morocco, they usually use Ryal, but they have a different Ryal than the north. 1dirham=100franc=2Northern Ryal=20Southern Ryal.
    Now. Is there a currency system more confusing than this?

    • @yassinehaddachi2708
      @yassinehaddachi2708 Před 5 lety +8

      we even use dorro in the north. 1 dirham is 20 doro or 100 francs

    • @ibrahimb4422
      @ibrahimb4422 Před 5 lety +2

      @Ketan Kulkarni No we have one

    • @ibrahimb4422
      @ibrahimb4422 Před 5 lety +2

      In the south we only use dirham, I have not seen a single Franc or Ryal here

    • @fatimazahraamissou4485
      @fatimazahraamissou4485 Před 5 lety +1

      No we use only one which is the Dirham

    • @-Faris-
      @-Faris- Před 5 lety +1

      Lol, if the French themselves have given up on the franc, you know you’re gonna enter a big alleyway of confusion!

  • @Nutty...
    @Nutty... Před 6 lety +4

    I appreciate what you're doing for us travellers. Thanks a ton.

  • @yoyo-xh8fo
    @yoyo-xh8fo Před 5 lety +1

    Thanks bro for this amazing knowledge!!

  • @miguelenguel1482
    @miguelenguel1482 Před 3 lety +12

    Everyone talking about Vietnam and Iran...
    Venezuela and Zimbabwe be like: xd

  • @naveenkumaramirishetty9848
    @naveenkumaramirishetty9848 Před 6 lety +104

    Yes .... currency will be always confusing ...but drew u are the true vloger u will show the real side of the nation's....and your explanation is quite simple easy....

  • @techsupportranjit7637
    @techsupportranjit7637 Před 5 lety +82

    1 USD = 17200 Tuman with the current government
    1 USD = 7 Tuman when Iran was a monarchy

    • @xavos5783
      @xavos5783 Před 5 lety +3

      Aérospatiale/BAC Concorde who said its a monarchy mate its a theocracy

    • @shukran3907
      @shukran3907 Před 4 lety +6

      Tech Support Ranjit The US did it, not the political system

    • @statinskill
      @statinskill Před 4 lety +1

      Back then Persia was a real country.

    • @Tomather66
      @Tomather66 Před 4 lety +1

      @@shukran3907 people like you are preventing iran from getting any better... making stupid excuses for stupid people. unfortunately apparently Iran is full of people like you that's why I don't feel sorry about Iran.

    • @chemistry7796
      @chemistry7796 Před 4 lety

      Now 1 Euro=26300Tuman

  • @randompotato6
    @randompotato6 Před 4 lety +4

    When you posted this last year it was my birthday and I was out of Australia celebrating it in Tehran,Iran, I wish I could see you there 😂

  • @noahraymond6136
    @noahraymond6136 Před 3 lety +1

    This video is very interesting and I enjoy these kind of videos, keep up the good work Drew! You have such amazing content about traveling and things of that nature and you're an inspiration to me.

  • @HerrZoller
    @HerrZoller Před 6 lety +10

    The highest inflated currency in history is Hungarian pengő,
    People were sweeping it on streets like it was just dirt :)

  • @zapidan
    @zapidan Před 5 lety +3

    I just came back from Iran and got an exchange rate of $1 = 160k rials.
    We were so confused because google said the rate was ~50k and we were getting x100 in our favor! We basically spent our first 3 days in Tehran having absolutely no idea how much money we had. For the record we took a 1h taxi ride + 2h wait + 1h back for 1.2 million. This country is so cheap and beautiful and the people are the best! Thanks Drew for making these videos, it really drove me to finally visit this country.

  • @BellA-uz1wh
    @BellA-uz1wh Před 5 lety +2

    we travelled a lot and its quite fascinating to have different currencies as souvenirs aside from display plates! keep going 😊😊😊

  • @ryvnnm7934
    @ryvnnm7934 Před 3 lety +1

    Amazing, very informative, thanks so much Drew

  • @ries3554
    @ries3554 Před 6 lety +147

    I was in iran and it really was not hard

    • @Vysair
      @Vysair Před 6 lety +10

      ferdie because you grew up with it and get used to it as a child which is the peak of learning or something.

    • @ries3554
      @ries3554 Před 6 lety +45

      Vysair lol i have lived in belgium my hole life but i was on vacation in Iran

    • @hxmzxii897
      @hxmzxii897 Před 6 lety

      ferdie inflation

    • @ries3554
      @ries3554 Před 6 lety +5

      TPLX uh wat?

    • @mousysaint9143
      @mousysaint9143 Před 6 lety +8

      ferdie it really isn’t difficult lol. When I visited it was as straightforward as it is in the uk. Nobody gets confused between pence and pounds...

  • @MundoDatos
    @MundoDatos Před 4 lety +11

    I saw this video when it was released, but now youtube recommended it again. This is happening with all videos about Iran! In my channel it was the same...In conclusion, CZcams loves polemic

  • @augsburgermichi
    @augsburgermichi Před 4 lety +20

    In Germany, the most people still pay with cash. Many don't trust these cards

  • @saturntheplanet22
    @saturntheplanet22 Před 4 lety +9

    Me: I want some candy. I am taking a million.
    Mom: Wait. Take 2 million more and get some bread too

  • @florinsava2337
    @florinsava2337 Před 6 lety +320

    After you have visited all countries, what will you do after that?

  • @avanisood6283
    @avanisood6283 Před 6 lety +4

    Love your vids dude!!!!!

    • @avanisood6283
      @avanisood6283 Před 6 lety +1

      You're Amazing!! I'm a girl and a lot of the girls in my school love youre content! We all love the way you tell and explain about things! Love from India!!

  • @MassiTorrente
    @MassiTorrente Před 4 lety

    Thank you very much for this great informations 🙏🏽😘

  • @Mister-Mayor
    @Mister-Mayor Před 4 lety +25

    "I've handled some *REALLY HIGH INFLATED* currencies....
    Like *Vietnamese DONG* "

  • @user-dz4qf7dh4v
    @user-dz4qf7dh4v Před 3 lety +16

    Would love to learn about the "Stable coins" that you mentioned some time ago. Make a video on that if possible.

    • @treystrades9016
      @treystrades9016 Před 3 lety

      I totally agree. A Drew Blnsky level research stable coins would be really helpful and informative. Drew Blnsky , consider this.

    • @user-wp6wj8sv4j
      @user-wp6wj8sv4j Před 3 lety

      Yes pls make a record on this.

    • @ethandaniel9844
      @ethandaniel9844 Před 3 lety

      Best stable coin is Usdt aka tether

    • @user-og3ll8wr3j
      @user-og3ll8wr3j Před 3 lety

      Hello, I'm new to Biticon trade and I've been making huge losses but recently I see a lot of people earning from it. please can someone tell me what I'm doing worng?

    • @user-hl2ku4zs1k
      @user-hl2ku4zs1k Před 3 lety

      @@user-og3ll8wr3j you will need to select the coin you wish to buy on the exchange. Exchanges have a “Trade” section and within this you will need to choose a coin, such as BTC, ETH or another.

  • @ravinchowdhury5215
    @ravinchowdhury5215 Před 3 lety +5

    Currency: Has too many zeros
    Physicists and Astronomers: First time?

  • @planetjokes
    @planetjokes Před 4 lety

    Thanks drew I Travel the world with you through your videos🙏

  • @codenamerishi
    @codenamerishi Před 4 měsíci

    very informative, thanks

  • @Xavar554
    @Xavar554 Před 5 lety +7

    seriously iran is a good country i go there and i love the one thing in iran their currency and can enjoy with less money

  • @minifridge337
    @minifridge337 Před 6 lety +492

    0:20 hehehehhe

  • @RIFLQ
    @RIFLQ Před 4 lety +10

    And here I am giving all my cash at the Australian stores to count because I'm too dumb at math 😂

  • @frederikd8
    @frederikd8 Před 5 lety +3

    Here in Italy for 3 years (1999/2001)before officially adopting Euro in 2002,we experienced a similar situation:the official currency was the Italian Lira,but at the same time Euro began to be used. €1=2000 Italian Liras. Many of the things we bought during those years had 2 prices written,one in Euro and the other one in Liras. I still have some books who have on the cover those 2 prices (eg.€5=10000£)!!!

  • @kiantamar
    @kiantamar Před 6 lety +37

    In fact, the 500,000 Rial bill you showed is not a bank note at all. It's a unified travellers' check. The highest denomination Iranian banknote is 100,000 Rial or 10,000 Toman or as they say it in Iran, just 10 Toman.
    Edit: _(just for Yousef Noori)_ traveller's cheque 😋👍

    • @kiantamar
      @kiantamar Před 6 lety +3

      BTW, it's 10 Toman and not 10 Tomans. (Persian language is like that)

    • @yousefnoori
      @yousefnoori Před 6 lety

      So the largest bill is just $2, god.

    • @DdotTindall
      @DdotTindall Před 6 lety

      It is a bank note, if you go to an atm it will give you 50T notes (500,000 IRR)
      Stop talking like you know anything

    • @yousefnoori
      @yousefnoori Před 6 lety +6

      By the way, "unified travellers' check", you used both American and British English in the same sentence, make up your mind. "Travellers" is spelled "Travelers" in American English, and "Travellers" in British English. Likewise, you "Check" is spelled "Check" in American English, and "Cheque" in British English. Otherwise, your grammar is perfect. I don't mind if you use either American or British, just not both in the same sentence, please. So it should be either "unified travelers' check" in American English, or "unified travellers' cheque" in British English.

    • @phoenix8655
      @phoenix8655 Před 6 lety +3

      Yousef Noori Thank you that is helpful.

  • @DanTheCaptain
    @DanTheCaptain Před 6 lety +16

    Zimbabwe doesn't have the highest inflation. Hungary had the highest inflation ever recordes with the Hungarian Pengő. The highest banknote was something rediculous like 5 Quintillion!!!

    • @petergray2712
      @petergray2712 Před 6 lety +4

      Daniel K So a Quantum currency? As if Hungarians don't already have a reputation for being weirdly brilliant

    • @radoaron8324
      @radoaron8324 Před 5 lety

      I myself as a Hungarian didn't even know this. We are weird people.

    • @lexak24
      @lexak24 Před 5 lety

      yeah, that happened after World War II

  • @abiii4522
    @abiii4522 Před 5 lety +5

    Wow!!! I really want to visit Iran Insha’Allah one day ❤️

  • @Dracopol
    @Dracopol Před 4 lety +1

    In France after WWII, currency got inflated and in 1960 they changed 100 Old Francs into 1 New Franc (bills had NF on them). But people still thought the old way and often with an unfamiliar price you had to ask "old ones or new ones?" So if a Frenchman used a slang term and said "20.000 balles", he was talking about 200 NF. Then France helped found the E.U. and switched to Euros, which each is worth more than a US dollar currently.

  • @usmankamal2341
    @usmankamal2341 Před 6 lety +363

    Drew, I'm so happy to hear that you'll be coming to Pakistan. Can't wait 😊

    • @usmankamal2341
      @usmankamal2341 Před 6 lety +56

      Dr Wolf haha lol 😂. This is hilarious. Improve your country's security first.

    • @usmankamal2341
      @usmankamal2341 Před 6 lety +12

      mataozil
      آپ نے تو میری آنکھیں ہی کھول دل۔
      I was wrong. I apologise. Sorry.
      I love Afghanistan but due to such harsh comment... You know...

    • @tyrannosaurus3774
      @tyrannosaurus3774 Před 6 lety +29

      He wont be killed or raped by the Pakistani army, as he is +18 years old.

    • @punjabigundaa
      @punjabigundaa Před 6 lety +9

      lol terroristan was just put on a terror watch list by FATF.

    • @dwaynejohnson7560
      @dwaynejohnson7560 Před 6 lety

      I hope he comes here to lahore

  • @lashariofficial
    @lashariofficial Před 5 lety +13

    I Visited Iran, Yes, Absolutely Iranian Currency Also Confusion . So Funny 😁😀😀😀

    • @z.s.m3252
      @z.s.m3252 Před 3 lety +1

      Well we get confused as well in our own country

  • @vitaminprotin
    @vitaminprotin Před 4 lety

    I just subscribed your channel watching ur 20 videos.

  • @ErnestJay88
    @ErnestJay88 Před 6 lety +9

    Indonesia also have similar system, like 5.000 rupiah but people only call it "5K" for short.

    • @heyitsshah4621
      @heyitsshah4621 Před 6 lety

      Ernest Jay omg..I was in Batam last December AND IT WAS A NIGHTMARE but hey,at least some shops accept Singapore currency too :)

    • @erandeye
      @erandeye Před 6 lety +6

      K means thousand

    • @newnilamnilum
      @newnilamnilum Před 6 lety +1

      5K means the same as 5.000. I think the more accurate would be like 100.000 and people would just say “100” to make it simple

    • @sanjumon1991
      @sanjumon1991 Před 6 lety +1

      Ernest Jay Resistors as currency

    • @BlackChad792
      @BlackChad792 Před 6 lety +1

      Its not a bit confusing, if you know that "k" means thousand. The abbrevation is so popular and simple, that it is even used in video games. " I have 1k coins"
      There is also the more rarely used "kk", which stands for million. But as far as I know this one is only used in video games. And like already said its rare, because there is already "m" or "mil" for million.

  • @phamutninh4052
    @phamutninh4052 Před 4 lety +3

    0:19
    Me: *gasp* someone finally know mah country in this channel

  • @BossCoins2
    @BossCoins2 Před 4 lety

    I literally got an ad of one of your own videos before this

  • @shafaquefatima4428
    @shafaquefatima4428 Před 3 lety

    One of my fellow scientist was from iran and she always used to explain me how much she spent back at iran and the amount always made my eyes pop...but this video explains a lot

  • @souu__.
    @souu__. Před 3 lety +3

    This happens to me every time that I visit morocco too! The price could be in dirhams, riyals or even french francs! So confusing 😫

  • @kiswabatool
    @kiswabatool Před 6 lety +13

    Love iran the most satisfying country

    • @SK-cb6wz
      @SK-cb6wz Před 6 lety

      india important love India and the great people

    • @kiswabatool
      @kiswabatool Před 6 lety

      Thnkx Sara for compliment keep support

    • @brutal3369
      @brutal3369 Před 5 lety

      I love iran i.m form iran

    • @Bouletts69
      @Bouletts69 Před 5 lety

      Wtf is this thing section Indians and Iranians kissing or some shit.

    • @copycode2303
      @copycode2303 Před 5 lety +1

      can i hit 1000 subscribers shut ur mouth up!!! this is not ur shit!!! usa usa= united shit america

  • @salmanM34
    @salmanM34 Před 5 lety +1

    This vd is informative

  • @anuscollectionbd9171
    @anuscollectionbd9171 Před 4 lety

    The notes are beautiful 😍

  • @mahdishah8054
    @mahdishah8054 Před 5 lety +3

    Wait if they don't have ATMs that accept foreign payment how did he exchange his cash?

  • @royeenjohn3259
    @royeenjohn3259 Před 5 lety +3

    I just went there for 5 days trip and same thing happens with I was too much confused about there currency. I even can't keep 100 USD dollar. Which I had changes to Irani currency. But anyhow I enjoyed alot my fam trip

  • @grandhibhaskarrao1139
    @grandhibhaskarrao1139 Před 4 lety

    ThanQ bro

  • @ChutneyRomero
    @ChutneyRomero Před rokem

    When I worked at tourist destination in CA, travelers from around the world all use to hand my their USD cash or wallets to take what was needed to pay the bill as well. It was charming from my point of view. "All same color 🤷‍♀, haha. " I took joy and honor in serving them because I know what it's like to be in their shoes. Very considerate video clip, Drew! Merci. 🤘

  • @tyrionstark380
    @tyrionstark380 Před 6 lety +3

    That why I subscribe you bro. Your content really interesting!

  • @hexplays3070
    @hexplays3070 Před 4 lety +3

    Why is this in my recommendation now 🤣

  • @sudeeppatel9301
    @sudeeppatel9301 Před 5 lety

    Great video

  • @dankman6085
    @dankman6085 Před 4 lety +1

    EMINEM what are you doing here?
    You have got a lot of money. BTW loved your new album and GODZILLA....

  • @vodiminecraft6769
    @vodiminecraft6769 Před 4 lety +4

    0:15 wow you have been to Tajikistan 🇹🇯 thats were i live and my home country

  • @urmothwr
    @urmothwr Před 6 lety +4

    I’m new here so I have no idea if you’ve been here but come to Poland!

  • @Opochtli
    @Opochtli Před 4 lety +1

    Very interesting

  • @UsamaKhan-io8ks
    @UsamaKhan-io8ks Před 5 lety +2

    I swear when I traveled to Iran I was confused same like you 😂😂😂

  • @MRBoring-ej5qn
    @MRBoring-ej5qn Před 5 lety +56

    The title should be...WORLDS MOST CONFUSING CURRENCY BECAUSE OF U.S SUPREMACY

    • @TheGreatCooLite
      @TheGreatCooLite Před 5 lety +9

      No, it's confusing for anyone that goes there that isn't familiar with the Iranian currency. You can't blame everything on America

    • @izaanshaikh3999
      @izaanshaikh3999 Před 5 lety +4

      also because of Iran's sold-out leaders.

    • @musty4273
      @musty4273 Před 4 lety

      @Planet Earth The earth in your profile is not flat.

  • @thegr8ness764
    @thegr8ness764 Před 6 lety +28

    I want to be a traveller like you

    • @dickartist
      @dickartist Před 6 lety +10

      Until you take an arrow to the knee

    • @thegr8ness764
      @thegr8ness764 Před 6 lety +1

      Dick Artist 👍🏻👍🏻

    • @Hurricane800
      @Hurricane800 Před 6 lety +1

      You will, someday 🌚

    • @flyingllama8543
      @flyingllama8543 Před 6 lety

      Apparently airline workers are getting free one way trips. You'll have to fly the plane yourself though....

    • @meghanachauhan9380
      @meghanachauhan9380 Před 5 lety

      Then you took and arrow to the knee

  • @Zlotych100
    @Zlotych100 Před 3 lety

    Amazing 👏

  • @ninja1676
    @ninja1676 Před 5 lety

    I think people make systems for money but sometime it get to complex to fully get it, so they try to cover up or find a best way to do it, which is pretty cool but it still doesn’t change the fact on how confusing things can be in the world and that follow for outsider places around the world.

  • @Ride-With-Me-69
    @Ride-With-Me-69 Před 4 lety +5

    Iran : we all millionaires
    Zimbabwe : hold my 100 trillion dollar beer

  • @PrashantKumar-xh6dj
    @PrashantKumar-xh6dj Před 6 lety +10

    They remove just one zero to make it Tuman. What's the benefit, atleast the difference should be 1000 rial = 1 Tuman. Then there'll be no need to shorten the currency name too. Don't you think?!

  • @cristianiiacob
    @cristianiiacob Před 5 lety +1

    Back in 2005 România switched from ROL to RON, and both currencies were in circulation for one year (or two?).... So they basically cut of 4 zeros from the banknotes. One dollar was 40000 ROL and changed to only 4 RON. And the confusion was started, but to make it even more difficult people were using values interchangeably and some shorthand notations as well.

  • @kugul1683
    @kugul1683 Před 3 lety +1

    Interestingly, Germany also relies on cash most of the time

  • @jayvoltaris1452
    @jayvoltaris1452 Před 4 lety +3

    00:18
    I've handled some inflated currencies, like the *Vietnamese dong*

  • @jackdang4859
    @jackdang4859 Před 4 lety +10

    0:19 my country

  • @MP-me7tc
    @MP-me7tc Před 4 lety +1

    I'm in America and I've had foreigners ask me to help them pick the right amount of cash or the right Bills. Always feels great to help.

  • @AbdulQadir-gf5nv
    @AbdulQadir-gf5nv Před 4 lety

    Yes, it’s bit confusing between two UNITS and I also had similar problem while shopping in Tehran

  • @thelittletyrant5539
    @thelittletyrant5539 Před 6 lety +3

    In Albania somewhere in the 90s they changed the old communist currency lek with a new one and they name it new lek witch was like the previous one but with one digit less. But albanians today even though the price is tagged with the new version the albanians are still telling the price with the previous one. My advice is that whenever you are paying money always remember to give them 1/10 of the price.
    P.s. this doesn't work with public services and ATM (you just give what they say)

    • @thelittletyrant5539
      @thelittletyrant5539 Před 6 lety +1

      If you are confused consider that you are always paying with new lek (the tagged price) and what most people say is the tagged price multiplied by 10 (the old one) so when you buying stuff you are paying what the receipt writes and when they don't have receipt you always pay 1/10 of the price they say except for banks and public services.

    • @supportervandeeuropeseunie1625
      @supportervandeeuropeseunie1625 Před 6 lety

      De Albaanse lek: Hoeveel lokale loodgieters je ook inhuurt, je geldt lekt in Albanië altijd weg naar de maffia.

    • @thelittletyrant5539
      @thelittletyrant5539 Před 6 lety

      Supporter van de Europese Unie what language is this?

  • @dragodanhoratiu799
    @dragodanhoratiu799 Před 6 lety +7

    In Iran I'll do quick maffs

  • @lionman8376
    @lionman8376 Před 5 lety +1

    I live in Oman. And you have the old paper of 1 Rial

  • @havingteawiththedevil
    @havingteawiththedevil Před 5 lety

    Collect different currencies from around the world is interesting to me. I’d want to do that and keep 1 of each bill in a photo album.

  • @LaFranceBonjour
    @LaFranceBonjour Před 6 lety +32

    You better not go to Israel before Saudi Arabia or UAE or else they will refuse your visa if they see Israel on the passport.

    • @KLKLKLDUF
      @KLKLKLDUF Před 6 lety +9

      What does this Video have to do with Saudi or UAE, let alone Visas lol.. first of all it's if there was an entry stamp to Israel on your passport.. Second, Saudi Arabia requires a visa so they will tell you in your country's embassy whether you can go or not... Third, They've become more flexible regarding this issue and will no longer use it if Israel makes peace with Palestine.

    • @noahgrxcx6097
      @noahgrxcx6097 Před 6 lety +1

      La France Israel doesn't administer passport visas anymore because of their poor relations with other countries. It's been that way for a few years, and it's a good thing too bc I have family in Israel/Palestine, Jordan, UAE and other middle eastern countries and it makes traveling a lot easier

    • @KLKLKLDUF
      @KLKLKLDUF Před 6 lety +4

      NEVER_AGAIN Hopefully, It happens... We also Saudis and Emiratis consider Hamas to be a terrorist organization that is backed by Iran and Qatar..

    • @KLKLKLDUF
      @KLKLKLDUF Před 6 lety +4

      NEVER_AGAIN we are at war with the Iranian militias in Yemen not Yemen.. I really wish for peace to happen and things progress in the ME:) shalom.

    • @davidjohn9022
      @davidjohn9022 Před 6 lety +5

      La France
      Very good.
      Israel is a terrorist state

  • @naseerhussainsyed506
    @naseerhussainsyed506 Před 5 lety +4

    Hahahahaha .. this is truth
    I was always confused in iran

  • @pramudyaananta8551
    @pramudyaananta8551 Před 3 lety

    it looks confusing.. especially for tourist who come to Iran to enjoy the local culture on their own without any guide.. good knowledge.. thanks for the video

  • @QuintrellDemary
    @QuintrellDemary Před 4 lety

    I sub just found your channel

  • @LadakhJobsUpdateofficial
    @LadakhJobsUpdateofficial Před 5 lety +22

    I love iran