Iran exchange rates saw mixed movements on November 18 as the Central Bank of Iran released new official values. The announcement reflects changes in currency demand and market trends. According to the latest figures, ten currencies increased in value, while thirty-four currencies declined compared to the previous day.
The US dollar stood at 596,068 rials, slightly lower than its value of 596,142 rials on November 17. The euro fell to 691,345 rials from 692,427 rials, continuing a gradual downward trend. Among other major currencies, the British pound dropped to 785,488 rials, and the Swiss franc decreased to 749,231 rials.
Some regional currencies experienced moderate shifts. The UAE dirham edged down to 162,306 rials, while the Kuwaiti dinar fell to 1,942,251 rials. Meanwhile, the Indian rupee showed a slight rise to 6,728 rials. The Turkish lira and Russian ruble also recorded minor decreases, signaling regional currency volatility.
Asian currencies had mixed outcomes. The Japanese yen fell to 384,081 rials, and the Chinese yuan slightly decreased to 83,861 rials. Conversely, the Nepalese rupee and Bangladeshi taka saw small gains, reflecting diverse market movements across the continent.
The Central Bank continues using the SANA system for currency exchange offices. Under this framework, one euro costs 853,395 rials, while the US dollar is priced at 735,786 rials. NIMA, which supports monetization of export revenues, lists the euro at 828,539 rials and the dollar at 714,355 rials. These systems provide official benchmarks for trading and planning.
Black market rates remain substantially higher. Reports indicate that the US dollar trades between 1.09 and 1.12 million rials. The euro commands approximately 1.27 to 1.30 million rials, highlighting a significant gap between official and unofficial rates.
Overall, Iran exchange rates continue to reflect ongoing economic pressures and market dynamics. Observers note that fluctuations across multiple currencies indicate both short-term volatility and strategic interventions by monetary authorities. Traders and businesses will monitor these changes closely, as daily movements impact imports, exports, and domestic financial planning.
The Central Bank of Iran emphasizes that these updates provide transparency for citizens and businesses. Market participants should consider both official and parallel exchange systems when conducting transactions. Daily attention to Iran exchange rates helps navigate financial decisions more effectively.