Convert Barbadian Dollar to Iranian Rial
Please provide values below to convert Barbadian Dollar [BBD] to Iranian Rial [IRR], or Convert Iranian Rial to Barbadian Dollar.
How to Convert Barbadian Dollar to Iranian Rial
1 BBD = 4.71279255988234e-05 IRR
Example: convert 15 BBD to IRR:
15 BBD = 15 × 4.71279255988234e-05 IRR = 0.000706918883982351 IRR
Barbadian Dollar to Iranian Rial Conversion Table
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Barbadian Dollar
The Barbadian Dollar (BBD) is the official currency of Barbados, used for all monetary transactions within the country.
History/Origin
Introduced in 1973, replacing the Barbadian Pound, the Barbadian Dollar was initially pegged to the British Pound and later to the US Dollar, maintaining stability through various monetary policies.
Current Use
The BBD is widely used in Barbados for everyday transactions, banking, and trade, and is pegged to the US Dollar at a fixed rate of 2 BBD to 1 USD.
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.