KZT/EUR Price & Performance (KZTEUR)

The Central Bank of Iran (CBI) has updated its official exchange rates as of March 16, showing a decrease in the value of major currencies like the US dollar and euro. The dollar now stands at 581,030 rials, down from 586,010 rials on March 15, while the euro dropped to 632,733 rials.1

Recent changes in minimum wage levels across countries like Australia, Belarus, and Poland highlight global economic shifts. Australia raised its Temporary Skilled Migration Income Threshold, while Belarus increased salary requirements for highly qualified employees. Poland’s new minimum wage now stands at PLN 4,666 gross per month.2

Iran's currency markets remain volatile, with official rates diverging from black market values. On March 16, the dollar was priced at 581,030 rials officially but traded at over 916,000 rials in unofficial markets. This gap reflects ongoing economic pressures and policy challenges.13