Iranian currency rates for September 20
(MENAFN- Trend News Agency ) BAKU, Azerbaijan, Sept. 20
By Elnur Baghishov – Trend:
The Central Bank of Iran (CBI) has announced the official rate of foreign currencies on September 20, Trend reports referring to CBI.
According to the currency exchange rate of the Central Bank of Iran, 11 currencies have increased and 23 have decreased compared to September 18.
According to CBI, $1 equals 42,000 Iranian rials and 1 euro equals 49,256 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 310,098 rials, and the price of $1 is 264,419 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 272,355 rials, and the price of $1 is 232,236 rials.
In the black market, $1 is worth about 269,000-272,000 rials, while 1 euro is worth about 317,000-320,000 rials.
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