BAKU: The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on October 10, Trend reports via the CBI.
According to the bank’s currency exchange rate, 5 currencies increased while 39 currencies fell compared to October 9.
As for CBI, $1 equals 442,018 Iranian rials and one euro is 484,027 rials, while on October 9, one euro was 485,254 rials.
The CBI adopted the SANA system for currency exchange offices, where one euro costs 547,347 rials and $1 costs 499,842 rials.
NIMA is a scheme for selling a percentage of the foreign money earned from exports.
The price of one euro in this system amounted to 521,283 rials, and the price of $1 totals 476,040 rials.
On the black market, $1 is worth about 629,000-632,000 rials, while one euro is about 689,000-692,000 rials.
Source: Trend News Agency