BAKU, Azerbaijan, December 1. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on December 1, Trend reports via the CBI.
According to the bank's currency exchange rate, a total of 40 currencies experienced an upward trajectory, while 4 currencies faced a downward adjustment in value relative to November 30.
As for CBI, $1 equals 466,507 rials and one euro is 493,492 rials, while on November 30, one euro was 490,702 rials.
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The CBI adopted the SANA system for currency exchange offices, where one euro costs 565,807 rials and $1 costs 534,868 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 550,396 rials, and the price of $1 totals 520,300 rials.
On the black market, $1 is worth about 705,000–708,000 rials, while one euro is about 746,000–749,000 rials.