BAKU: The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on September 11, Trend reports via the CBI.
According to the bank’s currency exchange rate, 42 currency prices grew and three prices dropped compared to September 9.
As for CBI, $1 equals 427,348 Iranian rials and one euro-471,205 rials, while on September 10, one euro was 470,574 rials. The CBI adopted the SANA system for currency exchange offices, where one euro costs 544,525 rials and $1 costs 493,843 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 505,594 rials, and the price of $1 was 458,536 rials.
On the black market, $1 is worth about 593,000-596,000 rials, while one euro is about 655,000-658,000 rials.
Source: Trend News Agency