The Iranian rial has plunged to record lows near 1.8 million per USD in free-market trading, driven primarily by the ongoing US naval blockade of the Strait of Hormuz, which has stranded dozens of oil tankers and slashed exports amid tightened sanctions. This escalation follows a fragile ceasefire with the US and Israel after recent military exchanges, with President Trump rejecting calls to lift the blockade and signaling prolonged enforcement. Over the past week, the currency depreciated over 15% despite a slight daily dip on April 30, as economic pressures mount with hyperinflation and disrupted trade. Traders monitor Bonbast.com's daily toman-based USD/IRR close (1 toman=10 rials) for resolution, with live open-market highs reaching 1.825 million IRR today.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$188,725 Vol.
↑ 1.8M
17%
↓ 1.5M
3%
↓ 1.4M
1%
↓ 1.3M
<1%
$188,725 Vol.
↑ 1.8M
17%
↓ 1.5M
3%
↓ 1.4M
1%
↓ 1.3M
<1%
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 final exchange rate data point of the specified timeframe is finalized. If the resolution source becomes permanently unavailable, another resolution source will be chosen.
Market Opened: Mar 27, 2026, 6:59 PM ET
Resolver
0x65070BE91...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 final exchange rate data point of the specified timeframe is finalized. If the resolution source becomes permanently unavailable, another resolution source will be chosen.
Resolver
0x65070BE91...The Iranian rial has plunged to record lows near 1.8 million per USD in free-market trading, driven primarily by the ongoing US naval blockade of the Strait of Hormuz, which has stranded dozens of oil tankers and slashed exports amid tightened sanctions. This escalation follows a fragile ceasefire with the US and Israel after recent military exchanges, with President Trump rejecting calls to lift the blockade and signaling prolonged enforcement. Over the past week, the currency depreciated over 15% despite a slight daily dip on April 30, as economic pressures mount with hyperinflation and disrupted trade. Traders monitor Bonbast.com's daily toman-based USD/IRR close (1 toman=10 rials) for resolution, with live open-market highs reaching 1.825 million IRR today.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated
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