Iranian currency to world currency rates for June 11


BAKU: The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on June 11, Trend reports via the CBI.

Based on the bank’s currency exchange rate, 35 currency prices increased, and nine currency prices decreased compared to June 10.

As for CBI, $1 equals 377,918 Iranian rials, and one euro equals 406,249 rials, while on June 10, one euro was 407,640 rials.

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

SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of one euro is 489,490 rials, and the price of $1 is 455,354 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 457,040 rials, and the price of $1 was 425,167 rials.

On the black market, $1 is worth about 586,000-589,000 rials, while one euro is about 631,000-633,000 rials.

Source: Trend News Agency

Iranian currency to world currency rates for June 10


BAKU: The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on June 10, Trend reports via the CBI.

Based on the bank’s currency exchange rate, nine currency prices increased, and 32 currency prices decreased compared to June 9.

As for CBI, $1 equals 377,092 Iranian rials, and one euro equals 407,640 rials, while on June 9, one euro was 407,577 rials.

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

SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of one euro is 491,953 rials, and the price of $1 is 455,086 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 459,340 rials, and the price of $1 was 424,917 rials.

On the black market, $1 is worth about 586,000-589,000 rials, while one euro is about 634,000-637,000 rials.

Source: Trend News Agency

Iran’s gold coin price increases


BAKU: After selling for 408 million rials (about $1,100) on June 2, the new edition of Iran’s Bahar Azadi gold coin went on sale for 409 million rials (approximately $1,103) on June 3, Trend reports via the Iran Jewellery Association’s web portal.

Meanwhile, the prior edition of the coin was sold for 377 million rials (about $1,016).

The other versions of the new Bahar Azadi gold coin (different in weight and content) include 1/4 Bahar Azadi gold coins and 1/2 Bahar Azadi gold coins.

A 1/2 gold coin was sold for about 232 million rials (about $626), and a 1/4 gold coin was sold for about 152 million rials (about $410).

The price of one gram of 18-karat gold stood at 33.6 million rials (about $90.7).

To note, the coins appeared in Iran following the Islamic Revolution’s victory in 1979. The Central Bank of Iran issued the coins, making them available for wholesale and retail sales.

The bank minted the old gold coins between 1979 and 1991 before issuing new ones.

Source: Trend News Agency

Iranian currency to world currency rates for June 2


BAKU: The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on June 2, Trend reports via the CBI.

Based on the bank’s currency exchange rate, 45 currency prices increased, while one fell compared to June 1.

As for CBI, $1 equals 370,777 Iranian rials, and one euro equals 402,344 rials, while on June 1, one euro was 401,594 rials.

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

SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is 490,294 rials, and the price of $1 is 451,827 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 457,791 rials, and the price of $1 was 421,874 rials.

On the black market, $1 is worth about 585,000-588,000 rials, while one euro is about 635,000-638,000 rials.

Source: Trend News Agency

Iranian currency to world currency rates for June 1


BAKU: The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on June 1, Trend reports via the CBI.

Based on the bank’s currency exchange rate, 37 currency prices increased, while seven fell compared to May 31.

As for CBI, $1 equals 370,192 Iranian rials, and one euro equals 401,594 rials, while on May 31, one euro was 399,967 rials.

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

SANA system is a system introduced by the Central Bank of Iran to the currency exchange offices, where the price of 1 euro is 490,154 rials, and the price of $1 is 451,828 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 457,661 rials, and the price of $1 was 421,875 rials.

On the black market, $1 is worth about 587,000-590,000 rials, while one euro is about 637,000-640,000 rials.

Source: Trend News Agency

Azerbaijan’s PASHA Bank reveals volume of m10 QR-transactions


BAKU: By the end of 2023, over 81 million manat ($47.6 million) worth of transactions were conducted through m10 QR-transactions, Chairman of the Executive Board and Chief Executive Officer at PASHA Bank Javid Gouliyev said during today’s press conference dedicated to the bank’s performance results for 2023 in Baku, Trend reports.

According to him, one of the major achievements was the introduction of the m10 QR-transaction method via PASHA Bank’s POS terminals.

“This innovation enabled 3.5 million transactions worth over 81 million manat ($47.6 million), demonstrating the high demand and efficiency of PashaPay among customers,” Gouliyev added.

He also noted that PASHA Bank continues to actively develop its business-to-business (B2B) services.

“Azercell’s digital card (akart) has also shown significant progress. In the three years since its launch, akart has processed over 500 million transactions totaling $3.2 billion,” the CEO said.

To note, at the end of 2023, PASHA Bank’s assets stood at 8.622 billio
n manat or $5.07 billion (2.2 percent growth), with the loan portfolio at 2.958 billion manat or $1.7 billion (4.7 percent growth), liabilities at 7.809 billion manat or $4.59 billion (35.7 percent growth), and the bank’s net profit reached 271.551 million manat or $159.7 million (3.18 times growth).

Source: Trend News Agency