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The dollar and the euro price of March 1; Slight decline in prices in the official currency market

According to the Mehr Reporter, today the US dollar price based on transactions registered by banks and currency exchanges in the commercial (agreement) system at the time of this report compared to the previous day by $ 4 in banknotes, each US banknote. The rate was traded at 2 thousand and 2 USD, and the US dollar was traded at a rate of 2 Tomans to 2 thousand Tomans.

The trend of rising prices for the US dollar from the end of the year to the present shows that it has increased by more than 4,000 USD, with a 5 percent increase. The following chart shows changes to the price of the dollar banknote in the past month.

The dollar and the euro price of March 1; Slight decline in prices in the official currency market

However, the price of each euro banknote was traded by 2 Tomans to 2 thousand Tomans, and the euro remittance rate was reduced by 2 Tomans to 2 thousand Tomans.

The rate of other currencies and its changes are detailed in the table below.

Type of currency Currency Code The rate of banknote (rials) Rates of remittances (rials)
Buy Sale Change than the day before Buy Sale Change than the day before
US dollar USD 4.3 1,2 -1 1,2 1,2 -1
Euro EUR 1,2 1,2 -1 1,2 1,2 -1
British pound GBP 1,2 1,2 -2.1 1,2 4.1 -2.1
UAE AED 1,4 4.3 -1 1,2 1,2 -1
Yuan China Cny 2.3 4.3 -5 4.1 4.3 -5
One hundred Iraqi dinars IQD 1,2 1,2 -2 2.3 1,2 -5
One hundred yen of Japan JPY 1,2 1,2 1 1,2 1,4 1
Oman Rial Omr 1,5,2 1,2,2 -2.1 1,5,2 1,5,2 -2.1
Russian ruble RUB 1,5 1, 2 1 1,5 1,2 1
Turkish lira TRY 4.3 1,2 1 1,2 2.3 1
One thousand Won South Korea Krw 1,2 1,2 -1 1,2 1,2 -1
Indian rupee Inr 1,2 4.3 1 1,5 1, 2 1
Canadian dollar CAD 1,2 1,2 -2.1 1,2 1,2 -2.1
Australian dollar AUD 1,2 1,2 -2.1 1,2 4.3 -2.1
Frank Switzerland CHF 1,2 1,2 1 1,2 1,2 1
Crohn Sweden SEK 1,2 2.3 -5 4.3 1,2 -2
Krone Norway Nok 1,2 4.3 -2 1,2 1,2 1
Kron Denmark Dkk 4.3 4.3 1 4.3 4.3 1
Rial Qatar Qar 1,2 1,2 -2 1,4 1,2 1
Saudi Arabia SAR 1,5 1,2 1 1,2 1,2 -1
Dynastrian BHD 1,2,2 1,2,4 -2.1 1,5,2 1,5,2 -2.1
Kuwaiti dinar Kwd 1,2,2 1,2,2 -5.1 1,2,2 1,2,4 -5.1
One hundred Pakistani rupees PKR 1,2 1,2 1 4.3 1,2 1

Tips on Declaration rates

So The announcement of the Central Bank of the Islamic Republic of Iran Electronic Transaction System (ETS), banknotes and remittances published every day based on transactions registered by banks and operating exchanges in foreign exchange systems have been calculated in the previous business day.

The banknote and remittance rates are calculated based on the performance of the currency transactions conducted at the Iranian Currency and Gold Exchange Service. Since 1/2/2, this banknote has replaced the former banknote rate and the remittance rate has replaced the former remittance rates in relation to the trading of non -oil export and services.

The remittance rate of essential commodities is currently calculated on the basis of $ 1.2. Therefore, the equivalent of currency transactions from the export of crude oil, condensate and natural gas is based on the corresponding rate (purchase or sale) at this rate.

The latest trading status of the commercial currency market

With the implementation of the central bank's new currency policy, from February 1, the Nima currency market has officially replaced the commercial currency market. According to the latest statistics released by the Central Bank, a new record of trading currency markets was traded at $ 1.5 million on Thursday, March 23, and in two trading sessions of this day, the total volume of foreign currency market transactions of Iran's exchange center, by type of currency, 1.2 million Yuan$ 1.5 million and $ 1.5 million; The value of this volume is $ 1.5 million.
The report said that since the beginning of the commercial currency market of Iran's exchange center until March 1, the total value of trading in the commercial currency market exceeded $ 5 billion and $ 5 million, including the type of currency, including 2 billion and 2 million dirhams, 2 billion and 2 billion dirhams. $ 1 million, $ 1.5 million Yuan€ 5 million and 2 million rubles. During this period, 2,800 transactions as a result of 2,800 order registrations by trading Matching (Macing) Done.

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Undoubtedly, the increase in the volume of transactions in this market will make the exchange rate more stable.

(tagstotranslate) Currency Market (T) Agreed Currency Market (T) Business Currency System (T) Dollar Business Currency System (T) Dollar Price (T) Euro Price
Source:mehrnews

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