BAKU, Azerbaijan, July 20. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on July 18, Trend reports via the CBI.
Based on the bank's currency exchange rate, 21 currency prices went up and 23 currency prices went down compared to July 18.
As for CBI, $1 equals 391,043 Iranian rials, and one euro - 425,764 rials, while on July 18, one euro was 427,028 rials.
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In Iran, the official exchange rate is used for the import of some essential products.
The SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of one euro is 510,761 rials and the price of $1 is 469,109 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 476,901 rials, and the price of $1 was 438,010 rials.
On the black market, $1 is worth about 570,000–573,000 rials, while one euro is about 620,000–623,000 rials.
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