Convert Brunei Dollar to Iranian Rial
Please provide values below to convert Brunei Dollar [BND] to Iranian Rial [IRR], or Convert Iranian Rial to Brunei Dollar.
How to Convert Brunei Dollar to Iranian Rial
1 BND = 3.01524467981272e-05 IRR
Example: convert 15 BND to IRR:
15 BND = 15 × 3.01524467981272e-05 IRR = 0.000452286701971908 IRR
Brunei Dollar to Iranian Rial Conversion Table
| Brunei Dollar | Iranian Rial |
|---|
Brunei Dollar
The Brunei Dollar (BND) is the official currency of Brunei, used for all monetary transactions within the country.
History/Origin
Introduced in 1967, the Brunei Dollar replaced the Malayan dollar and has been pegged to the Singapore Dollar since 1967, maintaining a fixed exchange rate.
Current Use
The Brunei Dollar is widely used in Brunei for everyday transactions, banking, and trade, and is also accepted in some neighboring regions due to its peg to the Singapore Dollar.
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.