BAKU: The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on October 22, Trend reports via the CBI.
According to the bank’s currency exchange rate, 26 currencies increased and 19 decreased compared to October 21.
As for CBI, $1 equals 444,423 rials and one euro is 480,914 rials, while on October 21, one euro was 482,354 rials.
The CBI adopted the SANA system for currency exchange offices, where one euro costs 544,265 rials and $1 costs 502,967 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 528,412 rials, and the price of $1 totals 488,317 rials.
On the black market, $1 is worth about 649,000-652,000 rials, while one euro is about 703,000-706,000 rials.
Source: Trend News Agency