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As Iran's banking system is disconnected from the rest of the world due to sanctions there are limited ways to get Iranian Rial (IRR).
The only way I managed to find is to bring foreign currency (EUR/USD) into the country and exchange it.

For obvious reasons I prefer not carrying around large amounts of cash and I was wondering if there are places in bigger cities to exchange Bitcoins for cash(IRR), and if this is possible, what are the exchange rates?

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    I understand your concern, but keep in mind: Every traveller in Iran has a lot of cash on them and everyone knows this. Regardless, there is few crime especially against foreigners in Iran, so you might want to rethink your approach. And you don't need so much cash for just a few weeks of travelling. If you want to purchase something expensive (persian rugs) they usually take credit cards (via accounts in Dubai usually). I personally would trust cash more than some virtually currency which there is no guarantee anyone will exchange it for you. – dirkk Jun 3 '17 at 13:29
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    Please also refer to this question on what to do in Iran to not carry big amounts of cash with you. – Gigili Dec 24 '17 at 22:54
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Apparently there are some non-governmental exchange shops that do this for you. Here are some examples:

(first two links in Persian)

https://farhadexchange.net/

Exchange Rate: 1.00 Bitcoin (Btc) = 9,972,300 Tomans

Address in Iran: Unit 1, No 13, Afshari Alley, Ostad Moein Blvd., Azadi St., Tehran

E-mail address: info@farhadexchange.com


https://exchanging.ir/buy/

Exchange Rate: 1.00 Btc = 10,539,000 Tomans

Address in Iran: Unit 6, 22 Nikouqadam Street, Tehran

Email address: info@exchanging.ir


You can also find some of the local sellers from here.

Some conversions to help you better understand the units:

  • 1 T (Toman) = 10 Iranian Rial
  • 1 Euro = 4354 T

From what I understood, in order to do these operations online, you need to have a Shetab account (which I suppose you don't). You could try contacting them to see if they have other options.

  • Yeah, "apparently" non-governmental. – sepehr Aug 22 '17 at 21:25

protected by Community Mar 11 '18 at 21:17

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