The Central Bank of Iran (CBI) has announced the official rate of foreign currencies on February 23, Trend reports referring to CBI.
According to the currency exchange rate of the Central Bank of Iran, 10 currencies have grown and 25 have decreased in price, compared to February 22.
According to CBI, $1 equals 42,000 Iranian rials and 1 euro equals 47,645 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 279,327 rials, and the price of $1 is 246,231 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 271,959 rials, and the price of $1 is 239,736 rials.
In the black market, $1 is worth about 257,000-260,000 rials, while 1 euro is worth about 292,000-295,000 rials.
Source: TREND News Agency