How much hard currency you can bring to Iran
New hard currency rules for travellers.
Following recent changes in Iran’s monetary policies, the Central Bank of Iran (CBI) has announced that travellers can carry €5,000 or its equivalent in other currencies when travelling by air.
According to the latest directive issued by the CBI, all travellers arriving in Iran or departing from the country via airports can carry a maximum of €5,000 or its equivalent in other currencies. This is while, according to the statement, the limit for travelling via land, sea or rail is €2,000 or its equivalent in other currencies.
While carrying hard currency up to €5,000 or its equivalent in other currencies does not require a declaration at the customs office, any amount exceeding that limit must be declared and can be deposited with the banking system. The CBI has not mentioned whether this is also the case for foreigners carrying large amounts of cash.
The statement also adds that all rules and regulations in regard to the hard currency cap are also applicable to bank instruments and securities.
The latest announcement by the CBI comes just days after announcing that banks and credit institutes are allowed to purchase hard currency from foreigners in Iran.
The hard currency amount has fluctuated in recent years, with the amount being €10,000 before the recent announcement.