Industry WIKI

Denomination is a proper description of a currency amount, usually for coins or banknotes. Denominations may also be used with other means of payment such as gift cards. For example, five euros is the denomination of a five-euro note.

The rial (Persian: ریال ایران, romanised: Riāl-e Irān; symbol: ﷼; abbreviation: Rl (singular) and Rls (plural) or IR in Latin; ISO code: IRR) is the official currency of Iran. It is subdivided into 100 dinars, but due to the rial's low purchasing power, the dinar is not practically used. The Iranian toman is the primary colloquial denomination of the Iranian rial.

The Iranian toman (Persian: تومان, romanized: tūmân, pronounced [tuː.mɒːn]; sign: ₮; abbreviated IT) is a superunit of the official currency of Iran, the rial. One toman is equivalent to 10 (old), or 10,000 (new, official) rials. The name toman comes from Turco-Mongolian tümen "unit of ten thousand", see the unit called tumen.