Euro Price Today

Quick answer

The euro price on Iran’s open market is displayed on this page every minute. The EUR rate is derived from the global EUR/USD pair and Tehran’s dollar rate, and it usually carries a slightly higher premium during travel and visa seasons.

Live rate — Narkhgah

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The euro, the official currency of the eurozone, is the world’s second most used currency and one of the benchmark currencies in Iran. The euro price is typically calculated from its direct relationship with the dollar (the EUR/USD rate) and Tehran’s market dollar rate.

The euro is in high demand for embassies, studying in Europe, buying European goods and Schengen visas — so many families follow its rate every week. On this page you can see the live euro rate, today’s change and the last update time.

Set a free price alert on Narkhgah and receive a notification the moment the euro reaches your target price.

What determines this price?

The EUR/USD exchange rate

The euro has a global price; whenever the euro strengthens against the dollar, the domestic euro rate rises too, assuming Tehran’s dollar rate stays flat.

Tehran’s market dollar rate

Most of the change in the domestic euro comes from Tehran’s dollar. In practice: Iran’s euro rate ≈ Iran’s dollar rate × the global EUR/USD ratio, plus a small premium.

Seasonal demand (visas and travel)

During travel seasons and peak embassy demand, the euro’s premium on the domestic market temporarily rises.

European Central Bank policy

Eurozone interest rates and inflation set the euro’s global value, which feeds through to its domestic price.

Frequently Asked Questions

What is the euro price today in Toman?
The live euro rate is at the top of this page and refreshes every minute. The displayed figure is the open-market buy/sell average.
Why is the euro more expensive than the dollar multiplied by the global rate?
Because of the domestic supply-and-demand premium for euros; euro supply in Tehran is more limited than dollar supply, which explains the slightly higher price.
Should I wait to buy euros?
Nothing can be predicted with certainty. With a Narkhgah price alert you can track the euro reaching your preferred range in real time and make a better-informed decision.

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