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Iranian currency rates for July 23

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by July 23, 2020 Industry

The Central Bank of Iran (CBI) has announced the official rate of foreign currencies on July 23, Trend reports referring to CBI.

According to the currency exchange rate of the Central Bank of Iran, 16 currencies have increased and 20 have decreased compared to July 22.

According to CBI, $1 equals 42,000 Iranian rials and 1 euro equals 48,614 rials.

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 238,074 rials, and the price of $1 is 207,344 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 206,998 rials, and the price of $1 is 180,853 rials.

In the black market, $1 is worth about 202,000-205,000 rials, while 1 euro is worth about 232,000-235,000 rials.



Source: TREND News Agency


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