BAKU, Azerbaijan, July 24. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on July 24, Trend reports via the CBI.
Based on the bank's currency exchange rate, 38 currency prices went up and seven currency price went down compared to July 23.
As for CBI, $1 equals 392,105 Iranian rials, and one euro - 425,601 rials, while on July 23, one euro was 425,734 rials.
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In Iran, the official exchange rate is used for the import of some essential products.
The SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of one euro is 515,631 rials and the price of $1 is 475,049 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 477,436 rials, and the price of $1 was 439,860 rials.
On the black market, $1 is worth about 580,000–583,000 rials, while one euro is about 629,000–632,000 rials.
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