Convert Iranian Rial to Malaysian Ringgit
Please provide values below to convert Iranian Rial [IRR] to Malaysian Ringgit [MYR], or Convert Malaysian Ringgit to Iranian Rial.
How to Convert Iranian Rial to Malaysian Ringgit
1 IRR = 10029.2299711679 MYR
Example: convert 15 IRR to MYR:
15 IRR = 15 × 10029.2299711679 MYR = 150438.449567519 MYR
Iranian Rial to Malaysian Ringgit Conversion Table
| Iranian Rial | Malaysian Ringgit |
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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.
Malaysian Ringgit
The Malaysian Ringgit (MYR) is the official currency of Malaysia, used for all monetary transactions within the country.
History/Origin
The Ringgit was introduced in 1967, replacing the Malayan dollar. It was initially pegged to the British Pound and later to the US Dollar, with a floating exchange rate established in 1998.
Current Use
The MYR is widely used in Malaysia for everyday transactions, banking, and international trade, and is managed by Bank Negara Malaysia, the country's central bank.