Convert Singapore Dollar to Iranian Rial
Please provide values below to convert Singapore Dollar [SGD] to Iranian Rial [IRR], or Convert Iranian Rial to Singapore Dollar.
How to Convert Singapore Dollar to Iranian Rial
1 SGD = 3.01548031944071e-05 IRR
Example: convert 15 SGD to IRR:
15 SGD = 15 × 3.01548031944071e-05 IRR = 0.000452322047916107 IRR
Singapore Dollar to Iranian Rial Conversion Table
Singapore Dollar | Iranian Rial |
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Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore, used for all monetary transactions within the country.
History/Origin
The Singapore Dollar was introduced in 1967, replacing the Malayan dollar, and has since evolved into a stable currency managed by the Monetary Authority of Singapore.
Current Use
Today, the SGD is widely used in Singapore for everyday transactions, banking, and international trade, and is considered a major Asian currency.
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.