Tehran: The Central Bank of Iran (CBI) has disclosed the official exchange rates for various foreign currencies as of July 13, revealing a general decline in the value of 45 currencies compared to the previous day.
According to Trend News Agency, the official rate for the US dollar is now set at 592,113 rials, down from 596,473 rials on July 12. Similarly, the euro has decreased in value, currently priced at 692,127 rials compared to the previous rate of 697,648 rials.
The exchange rates for other significant currencies also saw reductions. The British pound is now valued at 799,687 rials, a drop from 805,386 rials. The Swiss franc stands at 743,770 rials, down from 749,079 rials, while the Swedish kr³na is now 61,939 rials, compared to 62,456 rials the day before. The Norwegian krone and Danish krone have also decreased to 58,481 rials and 92,764 rials, respectively.
Further details show the Indian rupee is now 6,901 rials, and the UAE Dirham has been adjusted to 161,229 rials. The Kuwaiti dinar shows a significant decrease, now at 1,933,127 rials, while the Pakistani rupee is at 208,247 rials for 100 units. Other notable currency changes include the Japanese yen at 402,720 rials for 100 units and the Hong Kong dollar at 75,433 rials.
The CBI has adopted the SANA system for currency exchange offices, where the cost of one euro is 835,418 rials and one US dollar is 714,698 rials. The NIMA scheme, which involves selling a percentage of foreign currency earned from exports, lists the euro at 812,663 rials and the US dollar at 695,231 rials.
On the black market, exchange rates significantly differ, with the US dollar priced around 869,000-872,000 rials and the euro valued between 1 and 1.03 million rials.