The exchange rate of the Iranian currency has updated its historical low

The exchange rate of the Iranian rial against the US dollar has dropped to a new historical low. This was reported by The Associated Press on September 29.

According to the agency, the value of the American currency has reached 2.5 million rials. The previous record low was recorded on September 2, 2026, when the exchange rate was 2.2 million rials per dollar. Thus, another drop in the national currency occurred 27 days later.

According to journalists, such a drop has clearly demonstrated that the fighting in the Middle East is steadily undermining Iran's economy."Газета.Ru ".

On September 7, analysts estimated that by the end of this summer, the Philippine peso had become the most undervalued currency in the world. The fourth place was taken by the Iranian rial, which is underestimated exactly three times. The Israeli shekel is recognized as the most overvalued currency among the largest economies — its exchange rate is overestimated by 65%.