Forex
Iran Updates Currency Exchange Rates Amid Market Fluctuations
The Central Bank of Iran has released updated exchange rates for foreign currencies on September 12. According to the official rates, the value of 33 currencies increased compared to September 10, while 13 currencies decreased.
The official rate for $1 is now 1,634,132 rials, and one euro is valued at 1,894,334 rials. This means that the euro has seen a slight increase in value since September 10, when it was priced at 1,896,018 rials.
The black market exchange rates show $1 being worth around 2.36-2.39 million rials and one euro valued at 2.74-2.77 million rials.