Convert United States Dollar to Iranian Rial
Please provide values below to convert United States Dollar [USD] to Iranian Rial [IRR], or Convert Iranian Rial to United States Dollar.
How to Convert United States Dollar to Iranian Rial
1 USD = 2.35639627994117e-05 IRR
Example: convert 15 USD to IRR:
15 USD = 15 × 2.35639627994117e-05 IRR = 0.000353459441991175 IRR
United States Dollar to Iranian Rial Conversion Table
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United States Dollar
The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.
History/Origin
The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.
Current Use
The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.
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.