Convert Macanese Pataca to Iranian Rial
Please provide values below to convert Macanese Pataca [MOP] to Iranian Rial [IRR], or Convert Iranian Rial to Macanese Pataca.
How to Convert Macanese Pataca to Iranian Rial
1 MOP = 0.000190528777610923 IRR
Example: convert 15 MOP to IRR:
15 MOP = 15 × 0.000190528777610923 IRR = 0.00285793166416385 IRR
Macanese Pataca to Iranian Rial Conversion Table
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Macanese Pataca
The Macanese Pataca (MOP) is the official currency of Macau, used for everyday transactions and financial dealings within the region.
History/Origin
Introduced in 1999, the Pataca replaced the Macau pataca, and has since been pegged to the Hong Kong dollar at a fixed rate, reflecting Macau's economic ties with Hong Kong and China.
Current Use
The Pataca remains the primary currency in Macau, widely used for commerce, banking, and tourism-related transactions.
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.