Iran Releases Official Currency Exchange Rates, Noting Fluctuations in Values


TEHRAN: The Central Bank of Iran (CBI) announced the official exchange rates for foreign currencies on October 27, highlighting fluctuations in the values of several currencies. Notably, 27 currencies experienced a rise in value, while 18 saw a decrease compared to the rates set on October 26.

According to Trend News Agency, the CBI set the exchange rate for one U.S. dollar at 446,998 rials. Meanwhile, the euro’s valuation was recorded at 482,940 rials, reflecting a slight increase from the rate of 482,677 rials set on October 24. These adjustments are part of the bank’s ongoing efforts to stabilize the national currency amidst varying economic pressures.