Convert Iranian Rial to Libyan Dinar
Please provide values below to convert Iranian Rial [IRR] to Libyan Dinar [LYD], or Convert Libyan Dinar to Iranian Rial.
How to Convert Iranian Rial to Libyan Dinar
1 IRR = 7818.29102800295 LYD
Example: convert 15 IRR to LYD:
15 IRR = 15 × 7818.29102800295 LYD = 117274.365420044 LYD
Iranian Rial to Libyan Dinar Conversion Table
| Iranian Rial | Libyan Dinar |
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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.
Libyan Dinar
The Libyan Dinar (LYD) is the official currency of Libya, used for all monetary transactions within the country.
History/Origin
The Libyan Dinar was introduced in 1971, replacing the Libyan Pound at par, and has undergone various redenominations and reforms over the years to stabilize the economy.
Current Use
Today, the LYD is actively used in Libya for everyday transactions, banking, and international trade, with the Central Bank of Libya managing its issuance and regulation.