Convert Liberian Dollar to Iranian Rial
Please provide values below to convert Liberian Dollar [LRD] to Iranian Rial [IRR], or Convert Iranian Rial to Liberian Dollar.
How to Convert Liberian Dollar to Iranian Rial
1 LRD = 0.00472419280508469 IRR
Example: convert 15 LRD to IRR:
15 LRD = 15 × 0.00472419280508469 IRR = 0.0708628920762704 IRR
Liberian Dollar to Iranian Rial Conversion Table
Liberian Dollar | Iranian Rial |
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Liberian Dollar
The Liberian Dollar (LRD) is the official currency of Liberia, used for all monetary transactions within the country.
History/Origin
The Liberian Dollar was introduced in 1943, replacing the Liberian Pound, and has undergone various reforms to stabilize the economy and manage inflation.
Current Use
Today, the Liberian Dollar is widely used in Liberia for everyday transactions, with coins and banknotes issued by the Central Bank of Liberia.
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.