Iran Currency Rates: December 7 Official Update

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The Central Bank of Iran has released the official currency rates for December 7. These new currency rates show changes compared to yesterday. The value of 43 foreign currencies went up, while two currencies fell. The US dollar is now 650,652 rials. Meanwhile, one euro is 757,517 rials, slightly higher than yesterday. The British pound also increased to 867,889 rials. In addition, the Swiss franc is now 808,822 rials. Scandinavian currencies saw small rises as well. The Swedish króna is 69,185 rials, the Norwegian krone is 64,365 rials, and the Danish krone reached 101,426 rials.

Other important currencies also changed. The Indian rupee is 7,228 rials. The UAE dirham is 177,169 rials. Moreover, the Kuwaiti dinar rose to 2,120,858 rials. The Japanese yen is 418,831 rials for 100 yen. The Chinese yuan now costs 92,010 rials. Furthermore, the Canadian dollar is 470,537 rials. The Australian dollar is 431,763 rials, and the New Zealand dollar is 375,704 rials. In the Middle East, the Saudi riyal is 173,507 rials, and the Qatari riyal is 178,751 rials. The Jordanian dinar is 917,704 rials. However, the Bahraini dinar did not change, staying at 1,722,186 rials.

Iran uses different systems for foreign exchange. In the SANA system, one euro costs 854,458 rials, and one US dollar costs 733,917 rials. In addition, the NIMA system sets the euro at 829,571 rials and the dollar at 717,010 rials. On the black market, prices are much higher. The US dollar sells for 1.19–1.22 million rials, while one euro costs about 1.39–1.42 million rials. As a result, many people check both official and market rates. These new currency rates affect trade, travel, and everyday life.

Therefore, people who exchange money should watch the latest rates carefully. Currency rates, whether official or market-based, show how the rial is moving. In addition, businesses, exporters, and travelers rely on these rates. By tracking currency rates, they can plan spending and saving better. Finally, the official numbers from the Central Bank provide a reliable starting point for comparison.

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