BAKU, Azerbaijan, July 10. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on July 10, Trend reports via the CBI.
Based on the bank's currency exchange rate, 32 currency prices went up and 12 currency prices went down compared to July 9.
As for CBI, $1 equals 391,832 Iranian rials, and one euro - 423,667 rials, while on July 9, one euro was 424,116 rials.
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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 offices, where the price of one euro is 502,346 rials and the price of $1 is 464,599 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 469,043 rials, and the price of $1 was 433,799 rials.
On the black market, $1 is worth about 588,000–591,000 rials, while one euro is about 636,000–639,000 rials.