Iran exchange rates shifted on January 7 as the central bank published updated official figures. Overall, the release highlighted continued pressure on the rial and widening gaps across markets. On Tuesday, the Central Bank of Iran issued the data in Tehran. At the same time, officials confirmed daily values for dozens of foreign currencies. As a result, these rates continue to guide government-linked trade nationwide.
According to the central bank, 45 currencies strengthened against the rial. By comparison, only one currency recorded a decline from the previous session. Consequently, the data reflected broad foreign currency appreciation. Meanwhile, the US dollar reached an official rate of 993,585 rials. Previously, the dollar traded below 981,000 rials one day earlier. Therefore, the rial weakened further in official accounting.
Similarly, the euro also advanced during the session. Specifically, it climbed to 1,161,446 rials on January 7. Earlier, the euro stood near 1,149,000 rials. Moreover, other major currencies followed comparable upward trends. For example, the British pound exceeded 1.34 million rials. Likewise, the Swiss franc rose above 1.24 million rials. At the same time, the Canadian and Australian dollars posted gains.
In addition, regional currencies moved higher across the board. Notably, the UAE dirham increased to 270,547 rials. Likewise, the Saudi riyal approached 265,000 rials. Furthermore, the Kuwaiti dinar surpassed 3.23 million rials. Meanwhile, Asian currencies showed mostly positive movement. For instance, the Chinese yuan strengthened to above 142,000 rials. Similarly, the Japanese yen gained value against the rial. However, the Nepalese rupee declined during the session.
In parallel, authorities emphasized regulated exchange mechanisms. Specifically, the SANA platform serves licensed exchange offices nationwide. Under this system, the euro cost 1,536,017 rials. Meanwhile, the dollar traded at 1,314,020 rials. At the same time, officials highlighted the continued role of the NIMA system. In practice, NIMA supports export-related currency settlement. Consequently, the euro reached 1,491,748 rials within this channel. Likewise, the dollar stood at 1,264,266 rials.
Nevertheless, Iran exchange rates diverged sharply from open market pricing. Accordingly, currency dealers reported higher prices in informal trading. Currently, the dollar ranges between 1.44 and 1.47 million rials. Similarly, the euro trades between 1.69 and 1.72 million rials. According to analysts, these gaps reflect inflation expectations. In addition, they cite limited foreign currency supply. Moreover, import demand continues to pressure market liquidity.
Meanwhile, central bank officials stress that controlled rates support essential imports. Therefore, they argue managed systems help reduce volatility for priority sectors. Still, market participants expect continued short-term fluctuations. Looking ahead, policymakers plan to monitor export inflows closely. Ultimately, future adjustments may depend on fiscal coordination and trade performance. For now, Iran exchange rates remain a critical signal for businesses and households.