BAKU, Azerbaijan, October 29. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on October 29, Trend reports via the CBI.
According to the bank's currency exchange rate, 44 currencies danced downward, while two upward compared to October 28.
As for CBI, $1 equals 446,440 rials and one euro is 483,017 rials, while on October 28, one euro was 483,516 rials.
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The CBI adopted the SANA system for currency exchange offices, where one euro costs 546,649 rials and $1 costs 505,254 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 531,760 rials, and the price of $1 totals 491,492 rials.
On the black market, $1 is worth about 674,000–677,000 rials, while one euro is about 729,000–732,000 rials.
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