Iran's Central Bank Updates Currency Exchange Rates, 44 Currencies See Value Increase

The Central Bank of Iran (CBI) has released updated exchange rates for foreign currencies as of July 30. According to the CBI, the value of 44 currencies has increased compared to the previous day, while two currencies have decreased in value.

As of July 30, one US dollar is worth 1,465,690 rials, while one euro is valued at 1,668,377 rials. This represents an increase from the previous day's exchange rate for the euro, which was priced at 1,657,283 rials.

The CBI has also adopted a new system called SANA for currency exchange offices, where one euro costs 1,739,139 rials and $1 costs 1,527,855. On the black market, however, the exchange rates are significantly different, with $1 being worth around 1.93-1.96 million rials and one euro being valued at 2.20-2.23 million rials.