BAKU, Azerbaijan, October 26. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on October 26, Trend reports via the CBI.
According to the bank's currency exchange rate, 35 currencies rose and 8 fell compared to October 24.
As for CBI, $1 equals 446,647 rials and one euro is 482,940 rials, while on October 24, one euro was 480,892 rials.
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The CBI adopted the SANA system for currency exchange offices, where one euro costs 544,825 rials and $1 costs 503,882 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 529,986 rials, and the price of $1 totals 490,158 rials.
On the black market, $1 is worth about 669,000–672,000 rials, while one euro is about 723,000–726,000 rials.
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