Convert Iranian Rial to Chinese Yuan
Please provide values below to convert Iranian Rial [IRR] to Chinese Yuan [CNY], or Convert Chinese Yuan to Iranian Rial.
How to Convert Iranian Rial to Chinese Yuan
1 IRR = 5915.56666527273 CNY
Example: convert 15 IRR to CNY:
15 IRR = 15 × 5915.56666527273 CNY = 88733.4999790909 CNY
Iranian Rial to Chinese Yuan 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.
Chinese Yuan
The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.
History/Origin
The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.
Current Use
Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).