Convert Iranian Rial to Mexican Peso
Please provide values below to convert Iranian Rial [IRR] to Mexican Peso [MXN], or Convert Mexican Peso to Iranian Rial.
How to Convert Iranian Rial to Mexican Peso
1 IRR = 2276.18689458384 MXN
Example: convert 15 IRR to MXN:
15 IRR = 15 × 2276.18689458384 MXN = 34142.8034187576 MXN
Iranian Rial to Mexican Peso Conversion Table
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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.
Mexican Peso
The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.
History/Origin
The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.
Current Use
Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.