BAKU, Azerbaijan, July 20. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on July 21, Trend reports via the CBI.
Based on the bank's currency exchange rate, 1 currency price went up and 43 currency prices went down compared to July 20.
As for CBI, $1 equals 390,249 Iranian rials, and one euro - 424,809 rials, while on July 18, one euro was 425,764 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 510,653 rials and the price of $1 is 469,109 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 476,901 rials, and the price of $1 was 438,010 rials.
On the black market, $1 is worth about 576,000–579,000 rials, while one euro is about 627,000–630,000 rials.
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