BAKU, Azerbaijan, October 1. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on October 1, Trend reports via the CBI.
According to the bank's currency exchange rate, 39 currency prices increased and seven currency fell compared to September 30.
As for CBI, $1 equals 449,936 Iranian rials and one euro is 501,360 rials, while on September 30, one euro was 501,389 rials.
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The CBI adopted the SANA system for currency exchange offices, where one euro costs 554,732 rials and $1 costs 497,834 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 521,855 rials, and the price of $1 was 468,329 rials.
On the black market, $1 is worth about 603,000–606,000 rials, while one euro is about 672,000–675,000 rials.
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