Free Market Dollar Hits 234000 Tomans as Domestic Gold Eases on Falling Global Ounce

Iran's free market dollar rose about 4,500 tomans (1.9 percent) on Monday, September 14, 2026 (23 Shahrivar 1405), climbing from around 232,000 tomans at the morning open to 234,000 tomans by late trading. According to Ecoiran, the main driver was the announced postponement, at Saudi Arabia's request, of a planned Iran Oman meeting, which combined with ongoing regional tension and concern over ship traffic through the Strait of Hormuz to lift currency market risk. The euro rose 1,000 tomans to 269,000 tomans and the UAE dirham gained 900 tomans to 63,600 tomans.

Data from price tracker tgju.org confirmed the same upward move: the dollar traded at 2,343,150 rials, up 57,150 rials (2.27 percent) from the previous day; price site alanchand.com separately put the dollar's sell rate at 234,200 tomans. In global markets, however, spot gold fell to $4,296 an ounce under pressure from rising oil prices and bets on a Federal Reserve rate decision due Wednesday. As a result, even as the dollar rose, Tehran's Emami gold coin fell to 234,700,000 tomans and 18 karat gold dropped 108,000 tomans to 23,503,000 tomans a gram.