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Iranian currency rates for March 16

Finance Materials 16 March 2020 10:40 (UTC +04:00)

BAKU, Azerbaijan, March 16

By Elnur Baghishov - Trend

Iranian Central Bank has announced the official rate of foreign currencies for March 16, Trend reports referring to the Central Bank of Iran (CBI).

According to the currency exchange rate of the Central Bank of Iran, 14 currencies have increased and 22 currencies have decreased compared to March 14.

According to CBI, $1 equals 42,000 Iranian rials and 1 euro equals 46,700 rials.

Currency

Iranian rial on March 16

Iranian rial on March 14

1 US dollar

USD

42,000

42,000

1 British pound

GBP

51,822

51,564

1 Swiss franc

CHF

44,221

44,156

1 Swedish krona

SEK

4,318

4,327

1 Norwegian krone

NOK

4,125

4,193

1 Danish krone

DKK

6,249

6,243

1 Indian rupee

INR

567

568

1 UAE dirham

AED

11,437

11,437

1 Kuwaiti dinar

KWD

136,279

136,254

100 Pakistani rupees

PKR

26,674

26,671

100 Japanese yens

JPY

39,201

38,985

1 Hong Kong dollar

HKD

5,409

5,402

1 Omani rial

OMR

109,235

109,233

1 Canadian dollar

CAD

30,327

30,417

1 New Zealand dollar

NZD

25,424

25,452

1 South African rand

ZAR

2,572

2,583

1 Turkish lira

TRY

6,650

6,633

1 Russian ruble

RUB

576

581

1 Qatari riyal

QAR

11,539

11,539

100 Iraq dinars

IQD

3,507

3,530

1 Syrian pound

SYP

82

82

1 Australian dollar

AUD

25,921

25,971

1 Saudi riyal

SAR

11,201

11,201

1 Bahraini dinar

BHD

111,704

111,703

1 Singapore dollar

SGD

29,615

29,680

100 Bangladeshi takas

BDT

49,312

49,468

10 Sri Lankan rupees

LKR

2,267

2,278

1 Myanmar kyat

MMK

30

31

100 Nepalese rupees

NPR

35,237

35,334

1 Libyan dinar

LYD

30,133

30,427

1 Chinese yuan

CNY

6,002

5,994

100 Thai baths

THB

131,641

132,493

1 Malaysian ringgit

MYR

9,767

9,819

1,000 South Korean wons

KRW

34,412

34,665

1 Jordanian dinar

JOD

59,240

59,239

1 euro

EUR

46,700

46,675

100 Kazakh tenge

KZT

10,311

10,353

1 Georgian lari

GEL

15,055

15,055

1,000 Indonesian rupiahs

IDR

2,819

2,879

1 Afghan afghani

AFN

552

552

1 Belarus ruble

BYN

17,900

18,025

1 Azerbaijani manat

AZN

24,758

24,758

100 Philippine pesos

PHP

82,182

81,950

1 Tajik somoni

TJS

4,333

4,333

1 Venezuelan bolivar

VEF

4,206

4,206

1 Turkmen manat

TMT

11,966

12,000

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 165,200 rials, and the price of $1 is 148,167 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 154,500 rials, and the price of $1 is 134,408 rials.

In the black market, $1 is worth about 147,000-150,000 rials, while 1 euro is worth about 166,000-169,000 rials.

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