Iran exchange rates climbed on December 15 following the central bank’s release of updated official currency values. The announcement highlighted ongoing pressure on the national currency across both regulated and informal markets. The Central Bank of Iran issued the new figures in Tehran, showing gains for 46 foreign currencies compared with the previous day. Consequently, market participants monitored widening price differences across various exchange systems.
The official rate set the US dollar at 658,776 rials. The euro reached 771,497 rials under the same framework. One day earlier, the euro traded at 762,130 rials. Therefore, the data confirmed a steady upward trend in benchmark prices. Moreover, major global currencies posted similar gains. The British pound climbed to 880,424 rials, and the Swiss franc rose to 827,613 rials. Regional currencies also advanced against the rial. The UAE dirham reached 179,381 rials, while the Saudi riyal increased to 175,674 rials.
In addition, Asian currencies strengthened under the official list. The Chinese yuan stood at 93,379 rials, and the Japanese yen reached 422,938 rials per 100 units. Meanwhile, the Indian rupee climbed to 7,274 rials. Beyond official pricing, alternative systems showed sharper valuations. The SANA platform quoted the euro at 870,057 rials and the US dollar at 742,935 rials. Exchange offices use this system for regulated cash transactions. Consequently, SANA rates reflect higher demand in retail markets.
At the same time, the NIMA framework posted different figures. Authorities designed NIMA to manage export currency inflows. Under this system, the euro reached 844,715 rials, and the dollar totaled 721,296 rials. These levels underscored policy efforts to guide trade-related flows. However, the informal market continued to diverge sharply. Traders valued the dollar between 1.27 and 1.3 million rials, while the euro ranged from 1.49 to 1.52 million rials. Thus, the gap highlighted persistent confidence challenges.
Analysts linked these spreads to inflation expectations and sanctions pressure. They also cited limited foreign currency supply. Furthermore, businesses faced planning difficulties amid volatile benchmarks. Iran exchange rates therefore remained a central concern for importers and exporters. Looking ahead, policymakers aim to stabilize pricing through tighter supervision. They may adjust mechanisms supporting SANA and NIMA operations. Market observers expect continued volatility in the coming weeks. Iran exchange rates will likely shape trade costs and consumer prices.