Iran's currency continues to melt! It hits a historic low against the dollar.

Iran's currency continues to melt! It hits a historic low against the dollar.

03.05.2026 15:41

As the dollar exchange rate rises in Iran, the country's currency has fallen to historic lows. In the free market, the dollar reached a record 184,000 tomans, while the Iranian rial has hit its lowest value against the dollar in history, according to international media. Due to sanctions, war tensions, and the economic crisis, the currency's depreciation has accelerated, while inflation and the cost of living have also significantly increased.

The dollar exchange rate in Iran has risen to historic levels against the national currency. In the free market, the dollar's selling price reached 184,000 tomans, breaking a record and highlighting the extent of economic pressure in the country.

SHARP FLUCTUATION IN THE EXCHANGE RATE

Before the escalation of US-Israel tensions on February 28, the dollar was trading at 160,000 tomans. Although the rate fell to 135,000 tomans during the initial stages of the conflict, it has entered a rapid upward trend in recent weeks.

IMPACT OF SANCTIONS AND WAR

According to experts, Iran's economy is under pressure from both long-standing US sanctions and recent increases in regional tensions. Restrictions on energy exports have narrowed the foreign exchange supply, while the risk of war weakens investor confidence.

INFLATION RISING

The rise in the dollar exchange rate is further increasing already high inflation in the country. Price increases for basic consumer goods are accelerating, leading to a significant decline in the purchasing power of the people.

UNCERTAINTY DOMINATES MARKETS

Economists note that the volatility in the exchange rate may continue in the short term, and new peaks could be seen depending on political developments.

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