Core Viewpoint - Iran's Constitutional Guardian Council has approved a plan to remove the last four zeros from the national currency, the rial, which will be implemented gradually over the next five years [1][2]. Group 1: Currency Adjustment Plan - The currency adjustment plan will be executed in two phases: a two-year preparation phase followed by a three-year transition phase where both old and new rials will circulate simultaneously [2]. - The new currency unit will be the "new rial," where 1 new rial equals 10,000 old rials, and a new sub-unit called "qeran" will be introduced, with 100 qeran equaling 1 new rial [1][2]. Group 2: Implementation and Oversight - The Central Bank of Iran will establish a "National Currency Reform Committee" to ensure the precise implementation of the plan, involving senior officials and relevant institutions [2]. - Specialized committees within the Central Bank will focus on areas such as information technology, accounting, monetary policy, and public communication [2]. Group 3: Economic Implications - The currency adjustment is described as a structural and symbolic reform that will not change the actual value of the currency but is expected to positively impact market confidence and transaction transparency [2]. - The current circulation of over 10.4 billion banknotes incurs high costs for printing, transportation, and storage, prompting the need for a more efficient currency system [3].