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Iranian currency rates for March 12

Business Materials 12 March 2024 10:03 (UTC +04:00)
Elnur Baghishov
Elnur Baghishov
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BAKU, Azerbaijan, March 12. The Central Bank of Iran (CBI) issued an official foreign currency rate on March 12, Trend reports.

Based on the Bank's currency exchange rate, 16 currency prices grew while 19 fell from March 11.

The CBI states that $1 equals 42,000 Iranian rials, one euro - 45,898 rials. On March 11, 1 euro was 45,874 rials.

Currency

Rial on March 12

Rial on March 11

1 US dollar

USD

42,000

42,000

1 British pound

GBP

53,786

53,974

1 Swiss franc

CHF

47,822

47,856

1 Swedish króna

SEK

4,103

4,112

1 Norwegian krone

NOK

4,013

4,036

1 Danish krone

DKK

6,156

6,163

1 Indian rupee

INR

508

508

1 UAE dirham

AED

11,437

11,437

1 Kuwaiti dinar

KWD

136,736

136,388

100 Pakistani rupees

PKR

15,045

15,052

100 Japanese yens

JPY

28,598

28,562

1 Hong Kong dollar

HKD

5,371

5,371

1 Omani rial

OMR

109,092

109,063

1 Canadian dollar

CAD

31,142

31,155

1 New Zealand dollar

NZD

25,905

25,936

1 South African rand

ZAR

2,253

2,244

1 Turkish lira

TRY

1,312

1,319

1 Russian ruble

RUB

463

463

1 Qatari riyal

QAR

11,539

11,539

100 Iraqi dinars

IQD

3,207

3,206

1 Syrian pound

SYP

4

4

1 Australian dollar

AUD

27,753

27,843

1 Saudi riyal

SAR

11,200

11,201

1 Bahraini dinar

BHD

111,702

111,703

1 Singapore dollar

SGD

31,560

31,546

100 Bangladeshi takas

BDT

38,268

38,319

10 Sri Lankan rupees

LKR

1,369

1,367

1 Myanmar kyat

MMK

21

21

100 Nepalese rupees

NPR

31,710

31,713

1 Libyan dinar

LYD

8,733

8,741

1 Chinese yuan

CNY

5,848

5,845

100 Thai baths

THB

118,607

118,666

1 Malaysian ringgit

MYR

8,965

8,967

1,000 South Korean wons

KRW

31,996

31,878

1 Jordanian dinar

JOD

59,239

59,239

1 euro

EUR

45,898

45,874

100 Kazakh tenge

KZT

9,331

9,429

1 Georgian lari

GEL

15,820

15,804

1,000 Indonesian rupiahs

IDR

2,710

2,692

1 Afghan afghani

AFN

591

591

1 Belarus ruble

BYN

12,864

12,828

1 Azerbaijani manat

AZN

24,697

24,647

100 Philippine pesos

PHP

75,852

75,553

1 Tajik somoni

TJS

3,834

3,835

1 Turkmen manat

TMT

11,988

11,966

In Iran, the official exchange rate is used for the import of some essential products.

The CBI established the SANA system, which values one euro at 471,878 rials and $1 at 431,802 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 439,774 rials, and the price of $1 - 402,425 rials.

On the black market, $1 is worth about 596,000–599,000 rials, while one euro is about 651,000–654,000 rials.

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