Iran's Central Bank Announces Updated Exchange Rates and SANA System Adoption
The Central Bank of Iran (CBI) has announced the official exchange rates for foreign currencies as of July 26. The CBI's rates show that the value of 46 currencies increased compared to July 25.
According to the CBI, the official rate for $1 is 1,421,105 rials, while one euro is valued at 1,616,456 rials. This marks a slight increase from the previous day's rates, where the euro was priced at 1,610,084 rials.
The CBI also adopted the SANA system for currency exchange offices, where one euro costs 1,724,043 rials and $1 costs 1,515,690. On the black market, however, $1 is worth about 1.89-1.92 million rials, while one euro is worth 2,15-2,18 million rials.