[IranAlert] Iranian Currency Drops to Historic Low

This is the NUFDI IranAlert—concise, timely analysis offering unique insights into breaking news and major developments inside Iran. Each short brief provides a fresh angle, highlighting trends, reactions, and overlooked internal dynamics shaping Iran and the Islamic Republic.

Iran’s currency crisis deepened significantly today as the rial plunged below the psychologically critical threshold of 1,000,000 rials per U.S. dollar, reaching a historic low of 1,025,000 rials in Tehran.

Since the November 4 election win of President Donald Trump, the rial has lost 31.95% of its value.

This sharp currency devaluation follows Supreme Leader Ali Khamenei’s continued rejection of diplomatic overtures by President Trump, reflecting sustained geopolitical tensions.

Compounding the economic strain are recent American military actions targeting Iran-backed Houthis in Yemen, signaling increased regional confrontation and further isolation of the Islamic Republic.

The state run Statistical Center of Iran earlier put the point-to-point inflation rate for the Iranian calendar month ending on February 19 at 35.3%. According to the center, among the goods and services, the subcategory of “vegetables and beans” have observed the sharpest surge with prices more than doubling (106% increase) since February last year.

Forex data from Bon-bast.com