The Iranian rial has faced accelerated devaluation due to intensified U.S. sanctions targeting Iran's shadow fleet and illicit oil trade, imposed in February and March 2026 amid heightened U.S.-Israel military strikes on Iranian targets. Black market exchange rates, tracked by sites like Alanchand, hovered around 1,315,000 IRR per USD near March 31 before climbing to 1,592,500 IRR by April 2, reflecting economic strain from restricted oil exports, soaring inflation, and regional escalation. Traders weigh ongoing maximum pressure policies under the Trump administration against potential Iranian central bank interventions or crypto asset maneuvers, with diplomatic de-escalation signals absent as of early April. Market resolution hinges on the specified black market source's finalized March 31 figure.
Experimental AI-generated summary referencing Polymarket data · Updated$390,888 Vol.
↑ 1.8M
No
↑ 1.7M
No
↑ 1.6M
No
↓ 1.6M
Yes
↑ 1.5M
Yes
↓ 1.5M
Yes
↓ 1.4M
No
↓ 1.3M
No
$390,888 Vol.
↑ 1.8M
No
↑ 1.7M
No
↑ 1.6M
No
↓ 1.6M
Yes
↑ 1.5M
Yes
↓ 1.5M
Yes
↓ 1.4M
No
↓ 1.3M
No
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 March 31, 2026, exchange rate data is finalized. If the resolution source becomes permanently unavailable, another resolution source will be chosen.
Market Opened: Mar 2, 2026, 7:07 PM ET
Resolver
0x65070BE91...Outcome proposed: No
No dispute
Final outcome: No
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 March 31, 2026, exchange rate data is finalized. If the resolution source becomes permanently unavailable, another resolution source will be chosen.
Resolver
0x65070BE91...Outcome proposed: No
No dispute
Final outcome: No
The Iranian rial has faced accelerated devaluation due to intensified U.S. sanctions targeting Iran's shadow fleet and illicit oil trade, imposed in February and March 2026 amid heightened U.S.-Israel military strikes on Iranian targets. Black market exchange rates, tracked by sites like Alanchand, hovered around 1,315,000 IRR per USD near March 31 before climbing to 1,592,500 IRR by April 2, reflecting economic strain from restricted oil exports, soaring inflation, and regional escalation. Traders weigh ongoing maximum pressure policies under the Trump administration against potential Iranian central bank interventions or crypto asset maneuvers, with diplomatic de-escalation signals absent as of early April. Market resolution hinges on the specified black market source's finalized March 31 figure.
Experimental AI-generated summary referencing Polymarket data · Updated



Beware of external links.
Beware of external links.
Frequently Asked Questions