2024-03-06 03:05:06
Today, Iran’s national currency, the rial, has reached a historic low against the US dollar and the euro.
As Day.Az reported on Tuesday, Iranian media disseminated information about this.
It is reported that currently 1 US dollar is worth about 603 thousand rials on the black market in Iran. While yesterday 1 US dollar was worth 595 thousand rials.
Currently, the value of 1 euro on the Iranian black market is 654 thousand rials. Yesterday, the cost of 1 euro was 646 thousand rials.
Let us note that the economic sanctions of the United States and Western countries against Iran, inflation and many other problems indicate that the economic situation in the country is worsening day by day.
At the official government price announced in Iran for currency, only necessary goods can be imported into the country. According to the official exchange rate announced by the Central Bank of Iran, 1 US dollar is worth 42 thousand rials, and 1 euro is worth 45,619 rials.
The exchange rate announced by the Central Bank of Iran for banks and currency exchange offices is called the SANA system. According to this system, 1 euro is worth 466,182 rials, and 1 dollar is worth 429,203 rials.
The country also has a NIMA system (for businessmen to return to the country’s economy a certain part of the currency received when exporting products). According to this system, 1 euro is worth 432,989 rials, and 1 dollar is worth 398,643 rials.
Subscribe to our WhatsApp channel and stay up to date with the main news!