Iranian Currency Continues to Collapse, Reaching 23 Million Tomans per 100 US Dollars

dijlahpoint - The exchange rates of the Iranian currency witnessed a new record drop against the US dollar on Saturday, September 12, 2026. The exchange rate exceeded the barrier of 23 million tomans for every 100 US dollars in local and parallel markets, amid ongoing economic pressures. This continuous deterioration in the value of the toman comes as a result of sustained sanctions, which have severely impacted foreign trade and led to rising inflation rates in the country.

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Iranian Currency Continues to Collapse, Reaching 23 Million Tomans per 100 US Dollars

admin
12 Sep 2026
1 min read