BAKU, Azerbaijan, May 25. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on May 25, Trend reports via the CBI.
According to the bank's currency exchange benchmark, the value of 45 currencies decreased compared to May 24.
As for CBI, $1 equals 567,631 rials, and one euro is 645,292 rials, while on May 24, one euro was 647,623 rials.
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The CBI adopted the SANA system for currency exchange offices, where one euro costs 808,554 rials and $1 costs 704,843 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 786,531 rials, and the price of $1 totaled 691,872 rials.
On the black market, $1 is worth about 825,000–828,000 rials, while one euro is worth about 939,000–942,000 rials.
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