BAKU, Azerbaijan, July 17. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on July 17, Trend reports via the CBI.
Based on the bank's currency exchange rate, 1 currency prices went up and 44 currency prices went down compared to July 14.
As for CBI, $1 equals 390,677 Iranian rials, and one euro - 425,245 rials, while on July 14, one euro was 427,374 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 508,2888 rials and the price of $1 is 466,969 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 474,592 rials, and the price of $1 was 436,012 rials.
On the black market, $1 is worth about 580,000–583,000 rials, while one euro is about 633,000–636,000 rials.
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