Iran's Central Bank Updates Currency Exchange Rates as Official Rate Surpasses $1 = 1,414,300 Rials

The Central Bank of Iran (CBI) has released updated currency exchange rates for July 25. The official rate for $1 is now 1,414,300 rials, while one euro is valued at 1,610,084 rials.

Compared to the previous day's rates, the value of 44 currencies increased, and two currencies declined. The official exchange rate for the US dollar went up by around 10,000 rials, from 1,404,259 rials on July 23.

The CBI also adopted the SANA system for currency exchange offices, where one euro costs 1,724,354 rials and $1 costs 1,514,675. On the black market, the value of $1 is around 1.92-1.95 million rials, while one euro is worth 2,19-2,22 million rials.