Free-market dollar moves above 180,000 tomans, up about half a percent on Monday

On Monday, 13 July 2026, the free-market US dollar rose about 0.49 percent, from 179,600 to roughly 180,500 tomans, moving above the psychological 180,000-toman mark. Tether traded near 179,800 tomans the same day. On Sahmino's price board, the dollar stood near 180,985 tomans on Monday evening. Market participants say a durable hold above 180,000 could open the way toward 182,000 to 185,000 tomans. Rapid liquidity growth, high inflation, and the gap between the official Exchange Center rate and the free-market rate, alongside the Strait of Hormuz tensions, are cited as factors supporting the currency's rise.