Keep in mind: this is a counter-trend trade against strong bearish momentum. If $GPS loses 0.011261, the setup is invalid and I’ll cut the trade. $AKE $SKHYNIX
In Iran’s unofficial free market, $1 USD is approximately 1,870,500 Iranian Rials (IRR), equivalent to around 187,050 Tomans. Tomans are the everyday currency unit commonly used by people in Iran, where 1 Toman = 10 Rials.
Iran has a multi-tier exchange-rate system, so the value of the US dollar can vary depending on which exchange rate is being used.
Current Exchange Rate Breakdown
Free Market / Street Rate: $1 USD ≈ 1,870,500 IRR (187,050 Tomans) This is the rate commonly used by individuals, local currency exchangers (sarafis), and travelers. Platforms such as Bonbast and Alanchand track these daily market rates.
Secondary / Commercial Market (NIMA): $1 USD ≈ 1,374,588 IRR This regulated rate is used mainly for exporters and commercial importers and is managed through Iran’s official financial system.
Because Iran uses multiple exchange rates, the actual value of $1 can differ significantly depending on the market and transaction.