- Will USD be less than 1.7M Iranian rials on August 31?<1¢
- Will USD be between 1.7M and 1.8M Iranian rials on August 31?<1¢
- Will USD be between 1.8M and 1.9M Iranian rials on August 31?3¢
- Will USD be between 1.9M and 2.0M Iranian rials on August 31?11¢
- Will USD be between 2.0M and 2.1M Iranian rials on August 31?49¢
- Will USD be between 2.1M and 2.2M Iranian rials on August 31?27¢
- Will USD be at least 2.2M Iranian rials on August 31?13¢
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 sanctions escalation and the ongoing conflict have driven sharp depreciation of the Iranian rial on free-market channels, pushing the USD exchange rate above 2 million rials for the first time in late August. Intensified measures—including a naval blockade, rescinded oil-export waivers, and announced secondary sanctions—have effectively halted Iranian crude shipments, tightening foreign-currency inflows amid already high inflation and fiscal strain. The free-market rate reached approximately 2.02–2.04 million rials per dollar by August 24, reflecting immediate supply shortages and hedging demand, while the official central-bank rate remains lower. With resolution days away and no offsetting diplomatic breakthroughs reported, trader consensus clusters on the 2.0–2.2 million range as the prevailing near-term levels.