BAKU, Azerbaijan, October 27. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on October 27, Trend reports via the CBI.
According to the bank's currency exchange rate, 27 currencies rose and 18 fell compared to October 26.
As for CBI, $1 equals 446,998 rials and one euro is 482,940 rials, while on October 24, one euro was 482,677 rials.
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The CBI adopted the SANA system for currency exchange offices, where one euro costs 544,436 rials and $1 costs 504,192 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 529,607 rials, and the price of $1 totals 529,607 rials.
On the black market, $1 is worth about 663,000–666,000 rials, while one euro is about 716,000–719,000 rials.
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