Convert Mexican Peso to Iranian Rial
Please provide values below to convert Mexican Peso [MXN] to Iranian Rial [IRR], or Convert Iranian Rial to Mexican Peso.
How to Convert Mexican Peso to Iranian Rial
1 MXN = 0.000439331235224792 IRR
Example: convert 15 MXN to IRR:
15 MXN = 15 × 0.000439331235224792 IRR = 0.00658996852837187 IRR
Mexican Peso to Iranian Rial Conversion Table
| Mexican Peso | Iranian Rial |
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Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.
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.