Convert Iranian Rial to Saudi Riyal
Please provide values below to convert Iranian Rial [IRR] to Saudi Riyal [SAR], or Convert Saudi Riyal to Iranian Rial.
How to Convert Iranian Rial to Saudi Riyal
1 IRR = 11316.7156533333 SAR
Example: convert 15 IRR to SAR:
15 IRR = 15 × 11316.7156533333 SAR = 169750.7348 SAR
Iranian Rial to Saudi Riyal Conversion Table
| Iranian Rial | Saudi Riyal |
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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.
Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.