Iranian currency rates for January 29

The Central Bank of Iran (CBI) has announced the official rate of foreign currencies on January 29, 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 in price, compared to January 27.

According to CBI, $1 equals 42,000 Iranian rials and 1 euro equals 46,865 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 281,352 rials, and the price of $1 is 252,143 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 274,028 rials, and the price of $1 is 245,580 rials.

In the black market, $1 is worth about 274,000-277,000 rials, while 1 euro is worth about 309,000-312,000 rials.

Source: Trend News Agency