The Central Bank of Iran (CBI) announced an official rate for foreign currencies on September 30, Trend reports.

According to the currency exchange rate for the Central Bank of Iran, 26 currencies increased and 11 decreased in price compared to September 28.

According to the CBI, $1 equals 42,000 Iranian rials, and 1 euro equals 44,453 rials.

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

The SANA system is a system introduced by the Central Bank of Iran to the currency exchange outlets, where the price of 1 euro is 436,063 rials and the price of $1 is 411,998 rials.

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

The price of 1 euro in this system is 396,421 rials, and the price of $1 is 374,544 rials.

On the black market, $1 is worth about 493,000–496,000 rials, while 1 euro is worth about 522,000–525,000 rials.

Source: TREND News Agency