BAKU, Azerbaijan, November 18. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on November 18, Trend reports via the CBI.
According to the bank's currency exchange rate, 45 currencies increased in price compared to November 17.
As for CBI, $1 equals 452,709 rials and one euro is 477,070 rials, while on November 17, one euro was 474,487 rials.
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The CBI adopted the SANA system for currency exchange offices, where one euro costs 548,469 rials and $1 costs 520,462 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 533,530 rials, and the price of $1 totals 506,286 rials.
On the black market, $1 is worth about 680,000–683,000 rials, while one euro is about 716,000–719,000 rials.
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