BAKU: The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on October 2, Trend reports via the CBI.
According to the bank’s currency exchange rate, 25 currency prices increased and 19 currency fell compared to October 1.
As for CBI, $1 equals 450,751 Iranian rials and one euro is 498,852 rials, while on October 1, one euro was 501,360 rials.
The CBI adopted the SANA system for currency exchange offices, where one euro costs 551,372 rials and $1 costs 498,207 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 518,694 rials, and the price of $1 was 468,680 rials.
On the black market, $1 is worth about 615,000-618,000 rials, while one euro is about 681,000-684,000 rials.
Source: Trend News Agency