BAKU: The Central Bank of Iran (CBI) posted an official foreign currency rate on April 7, Trend reports.

Based on the bank’s currency exchange rate, 13 currency prices grew while 20 fell from April 6.

As for CBI, $1 equals 42,000 Iranian rials, and 1 euro equals 45,533 rials. On April 6, one euro was 45,534 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 472,323 rials and $1 at 435,678 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 440,674 rials, and the price of $1 was 406,484 rials.

On the black market, $1 is worth about 652,000-655,000 rials, while one euro is about 708,000-711,000 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 472,323 rials and $1 at 435,678 rials.

NIMA is a scheme for selli
ng a percentage of the foreign money earned from exports.

The price of one euro in this system amounted to 440,674 rials, and the price of $1 was 406,484 rials.

On the black market, $1 is worth about 652,000-655,000 rials, while one euro is about 708,000-711,000 rials.

Source: Trend News Agency