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Iranian currency rates for October 23

BAKU, Azerbaijan, The Central Bank of Iran (CBI) announced an official rate of foreign currencies on October 23, Trend reports referring to CBI.

 

According to the currency exchange rate of the Central Bank of Iran, 24 currencies increased and 8 have decreased in price, compared to October 22.

 

According to CBI, $1 equals 42,000 Iranian rials and 1 euro equals 41,417 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 283,901 rials, and the price of $1 is 287,899 rials.

 

NIMA is a system intended for the sale of a certain percentage of the foreign currency gained from export.

 

The price of 1 euro in this system is 268,751 rials, and the price of $1 is 272,536 rials.

 

On the black market, $1 is worth about 325,000-328,000 rials, while 1 euro is worth about 317,000-320,000 rials.

 

Source: TREND News Agency