Iran releases currency exchange rates for August 18

BAKU: Azerbaijan, August 18. The Central Bank of Iran (CBI) put up an official exchange rate for foreign currencies on August 18, Trend reports via the CBI. According to the bank's currency exchange rate, 18 currency prices saw an increase, while 26 currency prices took a dip compared to August 17. As for CBI, $1 equals 406,748 Iranian rials and one euro - 447,496 rials, while on August 17, one euro was 448,607 rials. The CBI adopted the SANA system for currency exchange offices, where one euro costs 541,482 rials and $1 costs 490,957 rials. NIMA is a scheme for selling a percentage of the foreign money earned from exports. The price of one euro in this system amounted to 498,143 rials, and the price of $1 was 451,662 rials. On the black market, $1 is worth about 576,000-579,000 rials, while one euro is about 653,000-638,000 rials. Stay up-to-date with more news on Trend News Agency's WhatsApp channel Source: Trend News Agency