Iran's currency rates for March 7
(MENAFN- Trend News Agency) BAKU, Azerbaijan, March 7
By Elnur Baghishov - Trend:
The Iranian Central bank has announced the official rate of foreign currencies on March 7. Trend reports referring to the Central Bank of Iran (CBI).
According to the currency exchange rate of the Central Bank of Iran, compared to March 5, 23 currencies have increased in price, while 14 currencies dropped in price.
According to CBI, $1 equals 42,000 Iranian rials and 1 euro equals 47,409 rials.
| Currency | Iranian rial on March 7 | Iranian rial on March 5 |
| 1 US dollar | USD | 42,000 | 42,000 |
| 1 British pound | GBP | 54,801 | 54,065 |
| 1 Swiss franc | CHF | 44,843 | 43,930 |
| 1 Swedish krona | SEK | 4,472 | 4,433 |
| 1 Norwegian krone | NOK | 4,538 | 4,531 |
| 1 Danish krone | DKK | 6,348 | 6,260 |
| 1 Indian rupee | INR | 568 | 572 |
| 1 UAE dirham | AED | 11,437 | 11,437 |
| 1 Kuwaiti dinar | KWD | 137,530 | 137,318 |
| 100 Pakistani rupees | PKR | 27,240 | 27,236 |
| 100 Japanese yens | JPY | 39,860 | 39,140 |
| 1 Hong Kong dollar | HKD | 5,406 | 5,404 |
| 1 Omani rial | OMR | 109,233 | 109,233 |
| 1 Canadian dollar | CAD | 31,288 | 31,355 |
| 1 New Zealand dollar | NZD | 26,702 | 26,455 |
| 1 South African rand | ZAR | 2,681 | 2,746 |
| 1 Turkish lira | TRY | 6,892 | 6,893 |
| 1 Russian ruble | RUB | 613 | 634 |
| 1 Qatari riyal | QAR | 11,539 | 11,539 |
| 100 Iraq dinars | IQD | 3,529 | 3,531 |
| 1 Syrian pound | SYP | 82 | 82 |
| 1 Australian dollar | AUD | 27,937 | 27,808 |
| 1 Saudi riyal | SAR | 11,201 | 11,201 |
| 1 Bahraini dinar | BHD | 111,704 | 111,703 |
| 1 Singapore dollar | SGD | 30,471 | 30,300 |
| 100 Bangladeshi takas | BDT | 49,553 | 49,546 |
| 10 Sri Lankan rupees | LKR | 2,308 | 2,310 |
| 1 Myanmar kyat | MMK | 31 | 31 |
| 100 Nepalese rupees | NPR | 35,289 | 35,528 |
| 1 Libyan dinar | LYD | 30,008 | 29,971 |
| 1 Chinese yuan | CNY | 6,059 | 6,053 |
| 100 Thai baths | THB | 133,725 | 133,414 |
| 1 Malaysian ringgit | MYR | 9,989 | 10,083 |
| 1,000 South Korean wons | KRW | 35,331 | 35,451 |
| 1 Jordanian dinar | JOD | 59,239 | 59,239 |
| 1 euro | EUR | 47,409 | 46,780 |
| 100 Kazakh tenge | KZT | 11,044 | 11,049 |
| 1 Georgian lari | GEL | 15,143 | 15,054 |
| 1,000 Indonesian rupiahs | IDR | 2,945 | 2,963 |
| 1 Afghan afghani | AFN | 552 | 554 |
| 1 Belarus ruble | BYN | 18,834 | 18,767 |
| 1 Azerbaijani manat | AZN | 24,707 | 24,757 |
| 100 Philippine pesos | PHP | 83,104 | 82,956 |
| 1 Tajik somoni | TJS | 4,334 | 4,333 |
| 1 Venezuelan bolivar | VEF | 4,206 | 4,206 |
| 1 Turkmen manat | TMT | 12,000 | 11,989 |
In Iran, the official exchange rate is used for 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 165 807 rials, and the price of $1 is 150 645 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 155,493 rials, and the price of $1 is 138 520 rials.
In the black market, $1 is worth about 148,000-151,000 rials, while 1 euro is worth about 164,000-167,000 rials.
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