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Country Profile - Iran

COUNTRY OVERVIEW

The Islamic Republic of Iran is a Middle Eastern nation, located between the Persian Gulf and Caspian Sea. It borders Armenia, Azerbaijan, Turkmenistan, Afghanistan, Pakistan, Iraq and Turkey. 

Iran

General Information:

Capital: Tehran

Language: Persian Farsi (official), Azeri and other Turkic dialects, Kurdish, Gilaki and Mazandarani, Luri, Balochi, Arabic

Religion: Muslim (official) 99.4% (Shia 90-95%, Sunni 5-10%), other (includes Zoroastrian, Jewish, and Christian) 0.3%, unspecified 0.4% (2011 est.)

Currency: Rial

Cryptocurrency: Iran recently recognised cryptocurrency mining operations as an official industry in 2019. In the summer months of 2019, Iran represented 2% of the Bitcoin network’s entire global hashrate. Since then, recent migration has made it so Iran now has 4% of the total hashrate according to statistics.  In January 2020 it was also reported that the Iranian lawmakers licensed over 1,000 mining operations in the country. 

GMT: (+) 3.30

Persia, as Iran was known before 1935, was one of the greatest empires of the ancient world, and the country has long maintained a distinct cultural identity within the Islamic world by retaining its own language and adhering to the Shia interpretation of Islam.

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