Iran Currency Rates: December 4 Exchange Update From Central Bank

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Iran currency rates changed again on December 4 after the Central Bank of Iran released new exchange values. Moreover, Iran currency rates moved in different directions as some currencies gained while others dropped. Many people follow Iran currency rates each day because the market changes quickly, and trends often shift without warning.

The Central Bank released fresh numbers for many global currencies, and the update drew wide attention. For example, the US dollar reached 645,238 rials. Meanwhile, the euro increased and reached 752,332 rials. The euro climbed compared to December 3, when it stood at 748,807 rials. However, the dollar fell slightly compared to the previous day.

Furthermore, the British pound increased and reached 860,174 rials. The Swiss franc also rose to 806,025 rials. In addition, the Swedish krona moved up and reached 68,821 rials. The Norwegian krone also increased to 64,082 rials. As a result, many European currencies saw small climbs during the day.

On the other hand, the Indian rupee dropped and stood at 7,155 rials. The UAE dirham also fell to 175,694 rials. However, the Kuwaiti dinar stayed close to its earlier value at around 2,103,240 rials. The Pakistani rupee rose slightly and reached 229,392 rials for every 100 units.

Meanwhile, the Japanese yen climbed to 415,837 rials for every 100 units. The Hong Kong dollar dipped to 82,892 rials. Additionally, the Omani rial fell to 1,675,727 rials. The Canadian dollar reached 462,440 rials, and the New Zealand dollar climbed to 372,139 rials.

The South African rand increased to 37,844 rials, yet the Turkish lira moved down to 15,203 rials. The Russian ruble dropped to 8,316 rials. Likewise, the Qatari riyal fell to 177,263 rials. The Iraqi dinar also dropped to 49,234 rials for every 100 units.

Other currencies showed small changes, and the trend seemed mixed. For instance, the Australian dollar increased to 425,261 rials. The Saudi riyal fell to 172,063 rials. Likewise, the Bahraini dinar moved lower to 1,716,059 rials. The Singapore dollar climbed to 498,601 rials. Meanwhile, the Thai baht jumped to 2,022,189 rials for every 100 units.

Additionally, the Central Bank reported SANA system prices. One euro cost 861,097 rials. One US dollar cost 738,520 rials. The NIMA system showed lower prices at 836,017 rials for the euro and 717,010 rials for the dollar.

Finally, the free market continued to show much higher prices. One US dollar sold for about 1.17 to 1.2 million rials. One euro sold for about 1.37 to 1.4 million rials. Therefore, the gap stayed large because demand in the open market remained strong.

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