BAKU, Azerbaijan, July 25. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on July 24, Trend reports via the CBI.
Based on the bank's currency exchange rate, 43 currency prices went up and one currency price went down compared to July 24.
As for CBI, $1 equals 393,159 Iranian rials, and one euro - 426,674 rials, while on July 24, one euro was 425,601 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 515,896 rials and the price of $1 is 475,373 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 477,682 rials, and the price of $1 was 440,160 rials.
On the black market, $1 is worth about 580,000–583,000 rials, while one euro is about 630,000–633,000 rials.
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