Iran’s currency exchange rate shifted noticeably as the Central Bank released updated official figures. These changes reflect broader economic pressures and trends affecting the country’s financial and trade sectors. The rate directly influences import costs, export earnings, and overall economic stability.
The Central Bank reported that 38 major foreign currencies rose in value, while six declined compared to the previous day. The official rate for the US dollar stands at 565,767 rials, and one euro is valued at 658,270 rials. Previously, the euro traded at 655,843 rials, showing a modest increase.
Currency exchange offices follow the SANA system, which reports higher rates. One euro costs 845,100 rials, while the dollar trades at 726,317 rials. SANA ensures transparency in currency transactions and links government policy to daily market operations.
The NIMA system, designed to convert export earnings into rials, reports one euro at 820,486 rials and one dollar at 705,162 rials. Authorities encourage exporters to participate in NIMA, which supports official currency supply and market stability.
Meanwhile, black-market traders offer significantly higher rates. The dollar trades between 1.05 and 1.08 million rials, and the euro ranges from 1.22 to 1.25 million rials. This gap highlights persistent demand pressures and challenges in regulating the informal market.
Economists note that changes in the currency exchange rate affect multiple economic aspects. They influence import prices, which then impact consumer costs. They also shape export competitiveness and investor confidence. Experts recommend tracking both official and market trends to anticipate future fluctuations.
Central Bank officials stress that SANA and NIMA aim to stabilize the currency exchange rate. They actively encourage exporter participation to strengthen market balance. These measures reflect authorities’ focus on transparency, control, and long-term economic planning.
Analysts predict moderate volatility in the currency exchange rate in the coming weeks. Domestic policies, global financial trends, and export performance will influence shifts. Businesses, investors, and consumers should follow official updates to adjust their strategies.
Overall, the latest figures indicate that Iran’s currency exchange rate remains dynamic. Authorities continue efforts to regulate exchanges, maintain stability, and support economic growth. The currency exchange rate will remain a crucial indicator of financial health and economic performance.