BAKU: The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on September 17, Trend reports via the CBI.
According to the bank’s currency exchange rate, 37 currency prices grew and 8 decreased compared to September 17.
As for CBI, $1 equals 433,482 Iranian rials and one euro is 481,912 rials, while on September 17, one euro was 481,652 rials. The CBI adopted the SANA system for currency exchange offices, where one euro costs 550,033 rials and $1 costs 494,758 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 513,091 rials, and the price of $1 was 461,528 rials.
On the black market, $1 is worth about 592,000-595,000 rials, while one euro is about 659,000-662,000 rials.
Source: Trend News Agency