BAKU, Azerbaijan, October 19. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on October 19, Trend reports via the CBI.
According to the bank's currency exchange rate, 37 currencies increased and 8 decreased compared to 17 October.
As for CBI, $1 equals 445,557 Iranian rials and one euro is 483,591 rials, while on October 17, one euro was 483,479 rials.
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The CBI adopted the SANA system for currency exchange offices, where one euro costs 545,317 rials and $1 costs 502,428 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 526,876 rials, and the price of $1 totals 485,438 rials.
On the black market, $1 is worth about 633,000–636,000 rials, while one euro is about 689,000–692,000 rials.
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