The Central Bank of Iran (CBI) has announced the official rate of foreign currencies on February 22, Trend reports referring to CBI.
According to the currency exchange rate of the Central Bank of Iran, 15 currencies have increased and 20 have decreased compared to February 20.
According to CBI, $1 equals 42,000 Iranian rials and 1 euro equals 50,911 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 293,321 rials, and the price of $1 is 243,750 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 291,076 rials, and the price of $1 is 245,399 rials.
In the black market, $1 is worth about 243,000-246,000 rials, while 1 euro is worth about 293,000-296,000 rials.
Source: TREND News Agency