USD x Iranian rials End of August?
- Will USD be less than 1.7M Iranian rials on August 31?4¢
- Will USD be between 1.7M and 1.8M Iranian rials on August 31?4¢
- Will USD be between 1.8M and 1.9M Iranian rials on August 31?59¢
- Will USD be between 1.9M and 2.0M Iranian rials on August 31?33¢
- Will USD be between 2.0M and 2.1M Iranian rials on August 31?4¢
- Will USD be between 2.1M and 2.2M Iranian rials on August 31?3¢
- Will USD be at least 2.2M Iranian rials on August 31?<1¢
This market will resolve according to the finalized USD exchange rate on Bonbast for August 31, 2026. If the recorded data falls exactly between two brackets, this market will resolve to the higher bracket. This market will resolve according to the finalized free-market USD exchange rate for the specified date 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. Resolution will occur once the specified exchange rate data point is finalized. If the relevant data is not finalized by the end of the 7th calendar day after the specified date (ET), this market will resolve according to the latest data available at that time. Revisions made after the relevant figure has been finalized will not be considered. The resolution source for this market will be Bonbast (https://www.bonbast.com/graph/usd). If the resolution source becomes permanently unavailable, another resolution source will be chosen.
Recent US threats of an indefinite naval blockade on Iran, amid stalled ceasefire talks, have sustained pressure on the rial through restricted exports and heightened sanctions enforcement, while oil price gains reflect supply disruption risks via the Strait of Hormuz. Free-market USD/IRR rates have hovered near 1.85 million in mid-August after earlier spikes above 1.94 million tied to military actions, with modest stabilization following prior diplomatic pauses. Traders' concentration around the 1.8-1.9 million band aligns with this range-bound pattern, as structural inflation, fiscal deficits, and limited hard-currency inflows continue to weigh on the currency without fresh catalysts for sharp moves by month-end. Geopolitical signals over the next two weeks remain the dominant variable for any shift.