Pound Sterling to Iranian Rial — exchange rate

Country of Circulation: United Kingdom, Guernsey, Isle of Man, Jersey

Currency Code, Symbol: GBP, £

Denominations of coins in circulation: 1p, 2p, 5p, 10p, 20p, 50p, £1, £2

Denominations of banknotes in circulation: £1, £5, £10, £20, £50, £100

History: The British pound or pound sterling (symbol: £, code: GBP, number: 826) is the national currency of the United Kingdom of Great Britain. It is an official currency of Gibraltar, the Falkland Islands, Saint Helena. The GBP abbreviation is used to identify £ in the international financial arena.Change is called pence, also known as British pennies. One GBP has 100 pennies. It is one of the oldest world currencies. The currency was issued in 1694, replacing the East African rupee. In spite of mass euro introduction on the European territory, Great Britain refused to get rid of its local currency. Pound sterling has remained the main reserve currency for many governments for a long time.Read More

Country of Circulation: Iran, Afganistan, Iraq

Currency Code, Symbol: IRR, ﷼

Denominations of coins in circulation: 1,000, 2,000, 5,000 ﷼

Denominations of banknotes in circulation: 5,000, 10,000, 20,000, 50,000, 100,000, 500,000 ﷼

History: The Iranian rial (﷼) is a currency used first in Persia, and currently, after the state name change, in Iran. It is known by its international abbreviation – IRR. Dinars are used as change for the Iranian rial.Every IRR equals 100 dinars. However, due to inflation, dinars are practically not used in cash payment. The currency has been issued twice. First time was in 1798, and in their present form – in 1932. The front side of all notes have a portrait of a religious figure – Imam Khomeini, the leader of the Islamic revolution that took place in 1979, in Iran.Read More