BAKU, Azerbaijan, November 4. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on November 4, Trend reports via the CBI.
According to the bank's currency exchange rate, 44 currencies danced downward compared to November 3.
As for CBI, $1 equals 442,069 rials and one euro is 479,015 rials, while on November 3, one euro was 482,740 rials.
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The CBI adopted the SANA system for currency exchange offices, where one euro costs 549,783 rials and $1 costs 507,379 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 534,808 rials, and the price of $1 totals 493,559 rials.
On the black market, $1 is worth about 692,000–695,000 rials, while one euro is about 753,000–756,000 rials.
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