Convert Falkland Islands Pound to Iranian Rial
Please provide values below to convert Falkland Islands Pound [FKP] to Iranian Rial [IRR], or Convert Iranian Rial to Falkland Islands Pound.
How to Convert Falkland Islands Pound to Iranian Rial
1 FKP = 1.74444016604045e-05 IRR
Example: convert 15 FKP to IRR:
15 FKP = 15 × 1.74444016604045e-05 IRR = 0.000261666024906067 IRR
Falkland Islands Pound to Iranian Rial Conversion Table
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Falkland Islands Pound
The Falkland Islands Pound (FKP) is the official currency of the Falkland Islands, pegged at par to the British Pound Sterling.
History/Origin
Introduced in 1899, the Falkland Islands Pound has been used as the local currency, maintaining a fixed exchange rate with the British Pound, and has evolved alongside economic developments in the islands.
Current Use
The Falkland Islands Pound is actively used for all local transactions, issued by the Falkland Islands Monetary Authority, and is accepted alongside the British Pound within the islands.
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.