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Iranian currency rates for May 18

Finance Materials 18 May 2020 09:42 (UTC +04:00)
The Central Bank of Iran (CBI) has announced the official rate of foreign currencies on May 18
Iranian currency rates for May 18

BAKU, Azerbaijan, May 18

By Elnur Baghishov - Trend

The Central Bank of Iran (CBI) has announced the official rate of foreign currencies on May 18, Trend reports referring to CBI.

According to the currency exchange rate of the Central Bank of Iran, 28 currencies have increased and 8 have decreased compared to May 16.

According to CBI, $1 equals 42,000 Iranian rials and 1 euro equals 45,466 rials.

Currency

Iranian rial May 18

Iranian rial on May 16

1 US dollar

USD

42,000

42,000

1 British pound

GBP

50,867

50,846

1 Swiss franc

CHF

43,241

43,219

1 Swedish krona

SEK

4,266

4,259

1 Norwegian krone

NOK

4,125

4,105

1 Danish krone

DKK

6,099

6,097

1 Indian rupee

INR

555

554

1 UAE dirham

AED

11,437

11,437

1 Kuwaiti dinar

KWD

135,817

135,796

100 Pakistani rupees

PKR

26,251

26,260

100 Japanese yens

JPY

39,209

39,231

1 Hong Kong dollar

HKD

5,419

5,419

1 Omani rial

OMR

109,233

109,236

1 Canadian dollar

CAD

29,851

29,766

1 New Zealand dollar

NZD

25,023

24,922

1 South African rand

ZAR

2,270

2,261

1 Turkish lira

TRY

6,095

6,086

1 Russian ruble

RUB

573

572

1 Qatari riyal

QAR

11,539

11,539

100 Iraq dinars

IQD

3,534

3,529

1 Syrian pound

SYP

82

82

1 Australian dollar

AUD

27,081

26,944

1 Saudi riyal

SAR

11,201

11,201

1 Bahraini dinar

BHD

111,705

111,703

1 Singapore dollar

SGD

29,491

29,425

100 Bangladeshi takas

BDT

49,391

49,391

10 Sri Lankan rupees

LKR

2,237

2,236

1 Myanmar kyat

MMK

30

30

100 Nepalese rupees

NPR

34,498

34,437

1 Libyan dinar

LYD

29,641

29,589

1 Chinese yuan

CNY

5,914

5,914

100 Thai baths

THB

131,096

131,035

1 Malaysian ringgit

MYR

9,655

9,654

1,000 South Korean wons

KRW

34,144

34,061

1 Jordanian dinar

JOD

59,240

59,239

1 euro

EUR

45,466

45,444

100 Kazakh tenge

KZT

9,980

9,961

1 Georgian lari

GEL

13,101

13,111

1,000 Indonesian rupiahs

IDR

2,828

2,824

1 Afghan afghani

AFN

548

549

1 Belarus ruble

BYN

17,167

17,178

1 Azerbaijani manat

AZN

24,585

24,698

100 Philippine pesos

PHP

82,847

82,852

1 Tajik somoni

TJS

4,099

4,091

1 Venezuelan bolivar

VEF

4,206

4,206

1 Turkmen manat

TMT

12,001

12,001

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 183,773 rials, and the price of $1 is 169,829 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 169,197 rials, and the price of $1 is 140,329 rials.

In the black market, $1 is worth about 169,000-172,000 rials, while 1 euro is worth about 183,000-186,000 rials.

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