BAKU, Azerbaijan, August 3. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on August 3, Trend reports via the CBI.
Based on the bank's currency exchange rate, 27 currency prices went up and 16 currency prices went down compared to August 2.
As for CBI, $1 equals 396,391 Iranian rials, and one euro - 432,624 rials, while on August 2, one euro was 429,012 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 527,644 rials and the price of $1 is 483,453 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 484,077 rials, and the price of $1 was 443,535 rials.
On the black market, $1 is worth about 614,000–617,000 rials, while one euro is about 670,000–673,000 rials.
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