Convert Iranian Rial to Bahamian Dollar
Please provide values below to convert Iranian Rial [IRR] to Bahamian Dollar [BSD], or Convert Bahamian Dollar to Iranian Rial.
How to Convert Iranian Rial to Bahamian Dollar
1 IRR = 42437.6837 BSD
Example: convert 15 IRR to BSD:
15 IRR = 15 × 42437.6837 BSD = 636565.2555 BSD
Iranian Rial to Bahamian Dollar Conversion Table
Iranian Rial | Bahamian Dollar |
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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.
Bahamian Dollar
The Bahamian Dollar (BSD) is the official currency of The Bahamas, subdivided into 100 cents, used for all monetary transactions within the country.
History/Origin
Introduced in 1966, replacing the Bahamian pound, the Bahamian Dollar was initially pegged to the US dollar at par and has maintained a stable exchange rate since its inception.
Current Use
The Bahamian Dollar is widely used across The Bahamas for everyday transactions, banking, and trade, and is also accepted in some neighboring regions and for tourism-related activities.