The Iranian rial's parallel market rate has surged to around 1.59 million IRR per USD as of April 1, reflecting accelerated devaluation amid intensified US sanctions on Tehran's illicit oil sales, shadow fleet operations, and nuclear-related procurement, with fresh OFAC actions in late February 2026 exacerbating foreign currency shortages. Hyperinflation, Revolutionary Guard economic dominance, and stalled nuclear diplomacy have deepened the crisis since December 2025 lows near 1.2 million, triggering protests over living costs. No imminent relief looms before April 30 resolution on Bonbast.com data; traders eye potential further Treasury designations, oil price volatility, or Middle East escalations as key catalysts for breaching thresholds like 1.6 million.
Experimental AI-generated summary referencing Polymarket data · Updated$39,507 Vol.
↑ 1.8M
29%
↑ 1.7M
48%
↑ 1.6M
83%
↓ 1.5M
47%
↓ 1.4M
19%
↓ 1.3M
12%
$39,507 Vol.
↑ 1.8M
29%
↑ 1.7M
48%
↑ 1.6M
83%
↓ 1.5M
47%
↓ 1.4M
19%
↓ 1.3M
12%
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's parallel market rate has surged to around 1.59 million IRR per USD as of April 1, reflecting accelerated devaluation amid intensified US sanctions on Tehran's illicit oil sales, shadow fleet operations, and nuclear-related procurement, with fresh OFAC actions in late February 2026 exacerbating foreign currency shortages. Hyperinflation, Revolutionary Guard economic dominance, and stalled nuclear diplomacy have deepened the crisis since December 2025 lows near 1.2 million, triggering protests over living costs. No imminent relief looms before April 30 resolution on Bonbast.com data; traders eye potential further Treasury designations, oil price volatility, or Middle East escalations as key catalysts for breaching thresholds like 1.6 million.
Experimental AI-generated summary referencing Polymarket data · Updated
Beware of external links.
Beware of external links.
Frequently Asked Questions