Iran currency rates moved lower on December 14 after the central bank updated official foreign exchange values. The announcement signaled continued pressure on the national currency and heightened market uncertainty. The Central Bank of Iran released the figures in Tehran on December 14. Officials compared the data with rates from the previous trading day. As a result, values for 45 foreign currencies declined against the rial.
The US dollar recorded an official rate of 648,966 rials. This figure fell from 656,292 rials one day earlier.
Meanwhile, the euro dropped to 762,130 rials from 769,908 rials. Several major currencies followed the same downward path. The British pound weakened to 868,172 rials. Similarly, the Swiss franc declined to 814,930 rials. In addition, the Japanese yen fell to 416,598 rials per 100 units.
Regional currencies also posted losses. The UAE dirham decreased to 176,710 rials. At the same time, the Saudi riyal slipped to 173,058 rials. The Iraqi dinar weakened modestly against the rial. However, a few currencies showed stability. The Kazakh tenge held unchanged from the previous session. The Syrian pound also remained flat at its prior level.
Beyond official rates, authorities highlighted parallel exchange mechanisms. The central bank continued using the SANA system for licensed exchange offices. Under this framework, the euro traded near 860,980 rials. The dollar traded close to 733,138 rials in the same channel. In addition, the NIMA platform guided export-related currency transactions. This system supports managed foreign exchange inflows from exporters. Within NIMA, the euro stood at 835,903 rials. The dollar reached 711,785 rials under that framework.
Nevertheless, market participants focused on the free market gap. On the open market, the dollar traded between 1.25 and 1.28 million rials. Meanwhile, the euro ranged from 1.48 to 1.51 million rials. Economists linked the divergence to inflation expectations and sanctions constraints. They also cited limited foreign currency supply and cautious investor sentiment. Moreover, multiple exchange rates continued to complicate pricing decisions.
Policy analysts said the data highlighted structural challenges. They emphasized the need for greater transparency and monetary coordination. According to them, Iran currency rates reflect both policy choices and external pressures. Looking ahead, traders expect continued volatility. Future movements will depend on fiscal discipline and export earnings. Officials may also adjust managed platforms to stabilize expectations. Ultimately, Iran currency rates will shape import costs and household purchasing power.