The Central Bank of Iran (CBI) has released the official exchange rates for foreign currencies as of July 29. According to the CBI's announced rates, the value of 44 currencies went up, while 2 currencies fell compared to July 28. The official rate for $1 is 1,453,690 rials, while one euro is valued at 1,657,283 rials. On July 28, the euro was priced at 1,647,742 rials. On the black market, $1 is worth about 1,90-1,93 million rials, while one euro is worth 2,17-2,20 million rials.