Convert Bolivian Boliviano to Iranian Rial
Please provide values below to convert Bolivian Boliviano [BOB] to Iranian Rial [IRR], or Convert Iranian Rial to Bolivian Boliviano.
How to Convert Bolivian Boliviano to Iranian Rial
1 BOB = 0.000162836408529055 IRR
Example: convert 15 BOB to IRR:
15 BOB = 15 × 0.000162836408529055 IRR = 0.00244254612793582 IRR
Bolivian Boliviano to Iranian Rial Conversion Table
| Bolivian Boliviano | Iranian Rial |
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Bolivian Boliviano
The Bolivian Boliviano (BOB) is the official currency of Bolivia, used for all monetary transactions within the country.
History/Origin
Introduced in 1987 to replace the Bolivian peso, the Boliviano has undergone various redenominations and reforms to stabilize Bolivia's economy and control inflation.
Current Use
The Boliviano remains the primary currency in Bolivia, widely used in everyday transactions, banking, and commerce across the country.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.