BAKU: The Central Bank of Iran (CBI) posted an official foreign currency rate on April 20, Trend reports.

Based on the bank’s currency exchange rate, 18 currency prices grew while 17 fell from April 18.

As for CBI, $1 equals 42,000 Iranian rials, and one euro equals 44,752 rials. On April 18, one euro was 44,701 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 464,196 rials and $1 at 435,651 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 433,090 rials, and the price of $1 was 406,459 rials.

On the black market, $1 is worth about 661,000-664,000 rials, while one euro is about 705,000-708,000 rials.

Source: Trend News Agency