BAKU: The Central Bank of Iran (CBI) posted an official foreign currency rate on April 6, Trend reports.
Based on the bank’s currency exchange rate, 22 currency prices grew while 15 fell from April 4.
As for CBI, $1 equals 42,000 Iranian rials, and 1 euro equals 45,534 rials. On April 4, one euro was 45,471 rials.
In Iran, the official exchange rate is used for the import of some essential products.
The CBI established the SANA system, which values one euro at 472,347rials and $1 at 435,686 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 440,693 rials, and the price of $1 was 406,489 rials.
On the black market, $1 is worth about 640,000-643,000 rials, while one euro is about 693,000-696,000 rials.
Source: Trend News Agency