The Iranian rial was first introduced in 1798 as a coin equivalent to one-eighth of a tomen or worth 1250 dinar. In 1825, the government stopped issuing rial in favor of the Qiran, which represented 1000 dinars or one tenth of a toman. The rial was reintroduced in 1932 replacing the Qiran at par value.*

By 1945 when Iran currency was peg to U.S. dollar, 1 dollar equaled 32.25 rials.

By the time Islamist fascist revolution in Iran, rial had become a stable, respected world currency gladly accepted by merchants in neighboring countries and easily exchanged in foreign banks, valued at around 70 rial to a dollar.

When Ayatollah Khomeini, the founding father of Islamist fascism, became the absolute ruler of Iran, he announced Islamist fascists' economic policy by declaring “Economics is for donkeys.”

Ever since then, despite tremendous influx of petrodollars, the one sure thing about rial has been its steadily decreasing value, currently nearly 4000 rial to a single U.S. dollar.

Yesterday Islamist fascists announced the changing of national currency from rial to toman, essentially ten-fold decrease in banknote denomination.

I like to take this opportunity to say farewell dear rial, hopefully after the emancipation of Iran and Iranians from the scourge of the unreformable Islamist fascism; perhaps you will gain your former glory and place of honor among world’s most valued currencies.

Sanction works, U.S. Senate, get to it.

* here.