BAKU: The Central Bank of Iran (CBI) posted an official foreign currency rate on April 29, Trend reports via the Central Bank of Iran (CBI).

Based on the bank’s currency exchange rate, 19 currency prices grew while 10 fell compared to April 28.

As for CBI, $1 equals 42,000 Iranian rials, and one euro equals 44,946 rials. On April 28, one euro was 44,930 rials.

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

The exchange rate announced by the CBI to banks and exchange offices is called the SANA system. According to this system, one euro was worth 474,230 rials, and $1 was worth 443,144 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 442,792 rials, and the price of $1 was 413,767 rials.

On the black market, $1 is worth about 604,000-607,000 rials, while one euro is about 646,000-649,000 rials.

Source: Trend News Agency