The Iranian rial continues its sharp depreciation amid the ongoing US-Israel conflict with Iran, which began with major strikes on February 28, 2026, devastating infrastructure and oil production. On April 15, the US imposed new sanctions targeting Iran's oil transport sector, including secondary measures on buyers and non-renewal of export waivers, further choking revenue streams and fueling black-market USD/IRR rates above 1.55 million as of April 16. Hyperinflation, factory shutdowns, and civilian economic collapse have eroded trader confidence in rial stabilization. Ceasefire talks and US-Iran negotiations remain tentative, with potential escalations or diplomatic breakthroughs by April 30 capable of swaying exchange rates.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$103,407 Vol.
↑ 1.8M
12%
↑ 1.7M
20%
↓ 1.5M
36%
↓ 1.4M
11%
↓ 1.3M
5%
$103,407 Vol.
↑ 1.8M
12%
↑ 1.7M
20%
↓ 1.5M
36%
↓ 1.4M
11%
↓ 1.3M
5%
This market will resolve according to the daily finalized free-market USD exchange rate as displayed on Bonbast (https://www.bonbast.com/graph/usd), which publishes prices in Iranian toman, where 1 Iranian toman equals 10 Iranian rials (IRR).
A daily figure will be considered finalized once the following day’s figure is released.
Revisions or corrections to daily figures indicating a qualifying exchange rate will be considered only if they occur before all relevant figures for this market have been finalized.
The resolution source for this market will be Bonbast (https://www.bonbast.com/graph/usd). Resolution will occur once the final exchange rate data point of the specified timeframe is finalized. If the resolution source becomes permanently unavailable, another resolution source will be chosen.
Market Opened: Mar 27, 2026, 6:59 PM ET
Resolver
0x65070BE91...This market will resolve according to the daily finalized free-market USD exchange rate as displayed on Bonbast (https://www.bonbast.com/graph/usd), which publishes prices in Iranian toman, where 1 Iranian toman equals 10 Iranian rials (IRR).
A daily figure will be considered finalized once the following day’s figure is released.
Revisions or corrections to daily figures indicating a qualifying exchange rate will be considered only if they occur before all relevant figures for this market have been finalized.
The resolution source for this market will be Bonbast (https://www.bonbast.com/graph/usd). Resolution will occur once the final exchange rate data point of the specified timeframe is finalized. If the resolution source becomes permanently unavailable, another resolution source will be chosen.
Resolver
0x65070BE91...The Iranian rial continues its sharp depreciation amid the ongoing US-Israel conflict with Iran, which began with major strikes on February 28, 2026, devastating infrastructure and oil production. On April 15, the US imposed new sanctions targeting Iran's oil transport sector, including secondary measures on buyers and non-renewal of export waivers, further choking revenue streams and fueling black-market USD/IRR rates above 1.55 million as of April 16. Hyperinflation, factory shutdowns, and civilian economic collapse have eroded trader confidence in rial stabilization. Ceasefire talks and US-Iran negotiations remain tentative, with potential escalations or diplomatic breakthroughs by April 30 capable of swaying exchange rates.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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