BAKU: The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on September 29, Trend reports via the CBI.
According to the bank’s currency exchange rate, 37 currency prices increased and 8 currency fell compared to September 28.
As for CBI, $1 equals 448,459 Iranian rials and one euro is 500,727 rials, while on September 28, one euro was 499,837 rials.
The CBI adopted the SANA system for currency exchange offices, where one euro costs 554,093 rials and $1 costs 496,254 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 520,764 rials, and the price of $1 was 466,404 rials.
On the black market, $1 is worth about 606,000-609,000 rials, while one euro is about 677,000-680,000 rials.
Source: Trend News Agency