The Central Bank of Iran announced the latest official foreign currency exchange rates, revealing that nearly all major currencies strengthened against the Iranian rial. Among the 46 currencies tracked, 45 saw an increase in value compared to the previous day, while only one decreased.
The US dollar was set at 1,355,322 rials per dollar, rising from 1,343,562 rials the day before. The euro also appreciated, priced at 1,547,416 rials compared to its previous rate of 1,536,879 rials. This steady rise of key foreign currencies signals ongoing pressure on the rial in official exchange channels.
Other widely traded currencies also recorded gains:
- The British pound increased to 1,816,433 rials.
- The Swiss franc reached 1,676,645 rials.
- The Canadian dollar surged to 956,930 rials.
- The Australian dollar climbed to 942,355 rials.
- The Chinese yuan rose to 199,978 rials.
The Central Bank also provided alternative rates through its SANA system for currency exchange offices, setting the euro at 1,704,921 rials and the US dollar at 1,493,275 rials. These rates remain notably higher than official bank figures but significantly lower than black market quotations.
On the black market, the dollar trades at roughly 1.77 to 1.8 million rials, while the euro commands between 2.02 and 2.05 million rials. This gap highlights the persistent divergence between official and informal currency markets in Iran, reflecting underlying economic challenges.