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Amount of US dollars exchanged in Iran’s organized foreign exchange market soars

Finance Materials 17 December 2022 12:11 (UTC +04:00)
Amount of US dollars exchanged in Iran’s organized foreign exchange market soars
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, December 17. The amount of US dollars exchanged in the Organized Foreign Exchange Market in Iran has increased by 45 percent, from the beginning of the current Iranian year (March 21, 2022 to December 17, 2022), compared to the same period last Iranian year, Trend reports citing Central Bank of Iran (CBI).

According to the report, in total, about $2.1 billion was exchanged in the Organized Foreign Exchange Market in Iran within the mentioned period. The figure stood at $1.5 billion in the same period last Iranian year.

Monthly indicator of US dollar exchange in Iran’s Organized Foreign Exchange Market:

Month

Current Iranian year (from March 21, 2022 through March 20, 2023)

Last Iranian year (from March 21, 2021 through March 20, 2022)

Percentage change

1st month (March 21 through April 20)

$54 million

$81 million

-33

2nd month (April 21 through May 21)

$96 million

$128 million

-25

3rd month (May 22 through June 21)

$168 million

$171 million

-2

4th month (June 22 through July 22)

$174 million

$111 million

+57

5th month (July 23 through August 22)

$225 million

$116 million

+94

6th month (August 23 through September 22)

$327 million

$206 million

+58

7th month (September 23 through October 22)

$295 million

$171 million

+73

8th month (October 23 through November 21)

$405 million

$252 million

+61

9th month (November 22 to December 17)

$352 million

$213 million

+65

Total

$2.1 billion

$1.45 billion

+45

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