Iran releases currency exchange rates for September 1

The Central Bank of Iran (CBI) has released the official exchange rates for foreign currencies as of September 1. According to the CBI's announced rates, the value of 36 currencies went up, while 10 currencies fell compared to August 31. The official rate for $1 is 1,591,460 rials, while one euro is valued at 1,848,785 rials.

On August 31, the euro was priced at 1,830,516 rials. The CBI adopted the SANA system for currency exchange offices, where one euro costs 1,848,785 rials and $1 costs 1,591,460. On the black market, $1 is worth about 2,1-2,13 million rials, while one euro is worth 2,44-2,47 million rials.

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