Convert Iranian Rial to Dominican Peso
Please provide values below to convert Iranian Rial [IRR] to Dominican Peso [DOP], or Convert Dominican Peso to Iranian Rial.
How to Convert Iranian Rial to Dominican Peso
1 IRR = 703.181118788421 DOP
Example: convert 15 IRR to DOP:
15 IRR = 15 × 703.181118788421 DOP = 10547.7167818263 DOP
Iranian Rial to Dominican 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.
Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.