BAKU, Azerbaijan, July 6. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on July 4, Trend reports via the CBI.
Based on the bank's currency exchange rate, 19 currency prices went up and 25 currency prices went down compared to July 4.
As for CBI, $1 equals 389,984 Iranian rials, and one euro equals 422,269 rials, while on July 4, one euro was 421,818 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 501,046 rials and the price of $1 is 462,738 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 467,831 rials, and the price of $1 was 432,062 rials.
On the black market, $1 is worth about 612,000–615,000 rials, while one euro is about 662,000–665,000 rials.
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