Convert Bulgarian Lev to Iranian Rial
Please provide values below to convert Bulgarian Lev [BGN] to Iranian Rial [IRR], or Convert Iranian Rial to Bulgarian Lev.
How to Convert Bulgarian Lev to Iranian Rial
1 BGN = 3.92952643642989e-05 IRR
Example: convert 15 BGN to IRR:
15 BGN = 15 × 3.92952643642989e-05 IRR = 0.000589428965464484 IRR
Bulgarian Lev to Iranian Rial Conversion Table
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Bulgarian Lev
The Bulgarian Lev (BGN) is the official currency of Bulgaria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Lev was introduced in 1881, replacing the Bulgarian lev of the Ottoman Empire, and has undergone several reforms, most notably in 1999 when the current fixed exchange rate system was established to stabilize the economy.
Current Use
The Bulgarian Lev is the sole legal tender in Bulgaria, widely used in all financial transactions, banking, and commerce within the country, and is pegged to the Euro at a fixed rate.
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.