Convert British Pound Sterling to Iranian Rial
Please provide values below to convert British Pound Sterling [GBP] to Iranian Rial [IRR], or Convert Iranian Rial to British Pound Sterling.
How to Convert British Pound Sterling to Iranian Rial
1 GBP = 1.74420452641245e-05 IRR
Example: convert 15 GBP to IRR:
15 GBP = 15 × 1.74420452641245e-05 IRR = 0.000261630678961868 IRR
British Pound Sterling to Iranian Rial Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
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.