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Iran Releases Currency Exchange Rates For December 29
MENAFN** BAKU, Azerbaijan, December 29.**
According to the CBI’s announced rates, the value of 46 currencies went up compared to December 28.
The official rate for $1 is 754,910 rials, while one euro is valued at 888,441 rials. On December 28 the euro was priced at 874,122 rials.
The CBI adopted the SANA system for currency exchange offices, where one euro costs 1,428,868 rials and $1 costs 1,214,112 rials.
NIMA represents a strategic framework for the monetization of a designated fraction of foreign currency accrued through export activities.
The price of one euro in this system amounted to 971,107 rials, and the price of $1 totaled 825,152 rials.
On the black market, $1 is worth about 1.40-1.43 million rials, while one euro is worth 1.65-1.68 million rials.
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