The Central Bank of Iran (CBI) announced an official rate for foreign currencies on November 15, Trend reports. According to the currency exchange rate for the Central Bank of Iran, 28 currencies increased and 8 decreased in price compared to November 14. According to the CBI, $1 equals 42,000 Iranian rials, and 1 euro equals 45,612 rials. In Iran, the official exchange rate is used for the import of some essential products. The SANA system is a system introduced by the Central Bank of Iran to the currency exchange outlets, where the price of 1 euro is 450,737 rials and the price of $1 is 415,045 rials. NIMA is a system intended for the sale of a certain percentage of the foreign currency gained from exports. The price of 1 euro in this system is 409,761 rials, and the price of $1 is 377,314 rials. On the black market, $1 is worth about 507,000-510,000 rials, while 1 euro is worth about 551,000-554,000 rials.
Source: TREND News Agency