Convert Iranian Rial to Bulgarian Lev
Please provide values below to convert Iranian Rial [IRR] to Bulgarian Lev [BGN], or Convert Bulgarian Lev to Iranian Rial.
How to Convert Iranian Rial to Bulgarian Lev
1 IRR = 25448.3591388822 BGN
Example: convert 15 IRR to BGN:
15 IRR = 15 × 25448.3591388822 BGN = 381725.387083233 BGN
Iranian Rial to Bulgarian Lev Conversion Table
| Iranian Rial | Bulgarian Lev |
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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.
Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.