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Iran dollar exchange rate soars past 1mn rial mark as Tehran reopens after Nowruz

Summary by intellinews.com
The Iranian rial reached a record low against the US dollar on the first working day of the Persian year 1404, with the greenback trading at IRR1,030,000 ($1) in free market exchanges.

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Chinook ObserverChinook Observer
Center

Celebrants mark start of Iranian year 1402

Nowruz, the start of Persian New Year, is marked worldwide — and on March 21, the celebration came to our area.

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intellinews.comintellinews.com
Center

Iran dollar exchange rate soars past 1mn rial mark as Tehran reopens after Nowruz

The Iranian rial reached a record low against the US dollar on the first working day of the Persian year 1404, with the greenback trading at IRR1,030,000 ($1) in free market exchanges.

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Iran FocusIran Focus

Iran’s Rial Continues to Plummet in New Persian Year

Foreign currency prices in Iran experienced a sudden surge, with the U.S. dollar rising by 50,000 rials compared to the last day of the Iranian year 1403 (March 21, 2025), surpassing the one-million-rial threshold. According to Iranian exchange rate websites, on Tuesday, March 25, the U.S. dollar reached 1,035,000 rials, setting a new record in the history of the rial’s depreciation. Since Masoud Pezeshkian took office in August last year, the I…

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intellinews.com broke the news in on Tuesday, March 25, 2025.
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