BAKU, Azerbaijan, July 11. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on July 10, Trend reports via the CBI.
Based on the bank's currency exchange rate, 39 currency prices went up and 5 currency prices went down compared to July 10.
As for CBI, $1 equals 392,125 Iranian rials, and one euro - 424,367 rials, while on July 10, one euro was 423,667 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 503,159 rials and the price of $1 is 464,931 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 469,803 rials, and the price of $1 was 434,109 rials.
On the black market, $1 is worth about 582,000–585,000 rials, while one euro is about 630,000–633,000 rials.
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