BAKU: The Central Bank of Iran (CBI) posted an official foreign currency rate on April 17, Trend reports.

Based on the bank’s currency exchange rate, 4 currency prices grew while 31 fell from April 16.

As for CBI, $1 equals 42,000 Iranian rials, and one euro equals 45,639 rials. On April 16, one euro was 44,703 rials.

In Iran, the official exchange rate is used for the import of some essential products.

The CBI established the SANA system, which values one euro at 463,052 rials and $1 at 435,676 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 432,024 rials, and the price of $1 was 406,482 rials.

On the black market, $1 is worth about 654,000-657,000 rials, while one euro is about 695,000-698,000 rials.

Source: Trend News Agency