The Iranian currency market opened on Monday, May 4, 2026, with the US Dollar showing relative stability. The sell rate for the US Dollar was recorded at 188,900 Toman, while the buy rate stood at 187,782 Toman. This steady performance suggests a period of consolidation after recent fluctuations. Other major currencies also maintained their positions, with the Euro selling at 221,500 Toman, the British Pound at 256,600 Toman, and the UAE Dirham at 51,000 Toman. The Turkish Lira was quoted at 4,180 Toman, reflecting its current valuation against the Iranian currency.
In contrast to the currency market's stability, the gold and coin market displayed an upward trajectory. The Emami coin, a key indicator for Iranian investors, saw a notable increase, reaching 206,000,000 Toman. Similarly, the Azadi coin was priced at 201,000,000 Toman, and the Nim Seke at 107,000,000 Toman. The price of 18-karat gold per gram also rose, trading at 20,992,428 Toman. Globally, the gold ounce was valued at $4,595.30, indicating a strong international demand that often influences local prices.
The cryptocurrency market continued to capture investor attention, with Bitcoin (BTC) holding firmly above the $80,000 threshold, trading at $80,018. Ethereum (ETH) followed suit, priced at $2,376.71. The stablecoin Tether (USDT) was valued at 18,819 Toman, closely tracking the US Dollar's rate in the local market. This sustained performance in major digital assets suggests continued confidence among crypto enthusiasts, despite broader market dynamics. The interplay between the local Toman value of USDT and the direct USD exchange rate remains a critical factor for Iranian crypto traders.