TEHRAN — The Central Bank of Iran (CBI) released new official exchange rates for multiple foreign currencies on September 30, reflecting a general increase in currency values with some exceptions.

According to Trend News Agency, the CBI reported adjustments in the rates of 42 currencies, with most showing an increase from the previous day, while two recorded a decline. The official exchange rate for the US dollar was set at 449,150 Iranian rials, and the euro was listed at 501,389 rials, marking a slight rise from 500,727 rials on September 29.

The CBI employs several systems to manage currency transactions, including the SANA system for currency exchange offices, which listed the euro at 555,242 rials and the dollar at 497,392 rials. Another platform, the NIMA system, which is used for selling a portion of foreign currency earnings from exports, posted the euro at 521,844 rials and the dollar at 467,474 rials.

In contrast, rates on the black market were significantly higher, with the dollar trading between 600,000 and 603,000 rials, and the euro ranging from 670,000 to 673,000 rials. These disparities highlight ongoing volatility in Iran’s currency market amid broader economic challenges.