Iranian Rial Exchange Rate Hits New Record Low Amid Protests

News12.01.2026
Iranian Rial Exchange Rate Hits New Record Low Amid Protests

On January 12, the USD/IRR exchange rate in the “Forex” international market reached 994,055 Iranian rials per 1 dollar.

Elchiaz reports with reference to Iranian media that on January 9, it reached a peak of 1 million 260 rials per 1 dollar.

It should be noted that at the end of 2025, 1 dollar was 42,050 Iranian rials. Thus, this year the dollar has increased in value by 2,278.74% against the Iranian rial in the “Forex” market.

In the “black market”, the exchange rate fell to 1.4825 million Iranian rials per 1 dollar on January 6. At the same time, on December 31, 2025, 1 dollar was valued at 1 million 35 rials, and in mid-November, before the large-scale riots in Iran, the dollar was 1 million 12 rials in currency exchange points. On January 12, the exchange rate was 1 million 44 rials per 1 dollar.