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Iranian currency rates for March 12

Finance Materials 12 March 2020 11:33 (UTC +04:00)

BAKU, Azerbaijan, March 12

By Elnur Baghishov - Trend:

The Iranian Central Bank has announced the official rate of foreign currencies on March 12. Trend reports referring to the Central Bank of Iran (CBI).

According to the currency exchange rate of the Central Bank of Iran, compared to March 11, 3 currencies were increased and 34 currencies were decreased

According to CBI, $1 equals 42,000 Iranian rials and 1 euro equals 47,423 rials.

Currency

Iranian rial on March 12

Iranian rial on March 11

1 US dollar

USD

42,000

42,000

1 British pound

GBP

53,841

54,280

1 Swiss franc

CHF

44,890

44,895

1 Swedish krona

SEK

4,402

4,425

1 Norwegian krone

NOK

4,285

4,394

1 Danish krone

DKK

6,348

6,372

1 Indian rupee

INR

567

568

1 UAE dirham

AED

11,437

11,437

1 Kuwaiti dinar

KWD

136,836

137,244

100 Pakistani rupees

PKR

26,458

26,669

100 Japanese yens

JPY

40,430

40,162

1 Hong Kong dollar

HKD

5,405

5,407

1 Omani rial

OMR

109,235

109,234

1 Canadian dollar

CAD

30,492

30,670

1 New Zealand dollar

NZD

26,293

26,396

1 South African rand

ZAR

2,558

2,633

1 Turkish lira

TRY

6,755

6,834

1 Russian ruble

RUB

570

593

1 Qatari riyal

QAR

11,539

11,539

100 Iraq dinars

IQD

3,499

3,520

1 Syrian pound

SYP

82

82

1 Australian dollar

AUD

27,133

27,327

1 Saudi riyal

SAR

11,201

11,201

1 Bahraini dinar

BHD

111,702

111,705

1 Singapore dollar

SGD

29,992

30,217

100 Bangladeshi takas

BDT

49,467

49,551

10 Sri Lankan rupees

LKR

2,298

2,303

1 Myanmar kyat

MMK

31

32

100 Nepalese rupees

NPR

35,237

35,332

1 Libyan dinar

LYD

30,284

30,345

1 Chinese yuan

CNY

6,025

6,041

100 Thai baths

THB

133,072

133,177

1 Malaysian ringgit

MYR

9,877

9,916

1,000 South Korean wons

KRW

34,907

35,187

1 Jordanian dinar

JOD

59,239

59,240

1 euro

EUR

47,423

47,614

100 Kazakh tenge

KZT

10,581

10,603

1 Georgian lari

GEL

15,055

15,055

1,000 Indonesian rupiahs

IDR

2,898

2,926

1 Afghan afghani

AFN

553

553

1 Belarus ruble

BYN

17,869

18,237

1 Azerbaijani manat

AZN

24,757

24,758

100 Philippine pesos

PHP

82,439

83,140

1 Tajik somoni

TJS

4,333

4,333

1 Venezuelan bolivar

VEF

4,206

4,206

1 Turkmen manat

TMT

11,998

11,975

In Iran, the official exchange rate is used for import of some essential products.

SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is 167,890 rials, and the price of $1 is 150,816 rials.

NIMA is a system intended for the sale of a certain percentage of the foreign currency gained from export. The price of 1 euro in this system is 154,390 rials, and the price of $1 is 132,015 rials.

In the black market, $1 is worth about 147,000-150,000 rials, while 1 euro is worth about 165,000-168,000 rials.

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