The Iranian currency market concluded Saturday evening with the US Dollar (USD) posting a sell rate of 177,900 Toman. The buy rate for the greenback was recorded at 176,847 Toman, reflecting the ongoing dynamics in the foreign exchange sector. Other major currencies also showed their respective values, with the Euro (EUR) selling at 209,800 Toman, the British Pound (GBP) at 242,550 Toman, and the UAE Dirham (AED) at 48,600 Toman. The Turkish Lira (TRY) was observed at 3,925 Toman, indicating a relatively stable close for the day across the board.
In the precious metals market, gold and coin prices continued to capture significant attention. The Emami coin, a key benchmark in Iran, was priced at a substantial 195,500,000 Toman. Following closely, the Azadi coin traded at 190,500,000 Toman, while the Nim Seke was valued at 100,000,000 Toman. Furthermore, the price of 18-karat gold per gram stood at 20,305,877 Toman, underscoring the high value of gold in the domestic market. Globally, the gold ounce was quoted at $4,715.70, providing an international perspective to local prices.
The cryptocurrency market presented an interesting picture as Bitcoin (BTC) maintained a strong presence, trading at $80,316. Ethereum (ETH) also held its ground, priced at $2,307.88. A crucial indicator for local traders, the Tether (USDT) stablecoin, was exchanged for 17,817 Toman, closely mirroring the official USD exchange rate and reflecting its role as a bridge between traditional and digital assets. These figures highlight the continued integration of digital currencies into the broader Iranian financial landscape, attracting both investors and speculators.
The evening session on Saturday, May 9, 2026, demonstrated a market characterized by high valuations across key assets. The consistent demand for hard currencies, coupled with the intrinsic value of gold and the growing interest in cryptocurrencies, continues to shape the investment landscape in Iran. Market participants will be closely watching for any shifts in global economic indicators and domestic policies that could influence these trends in the coming days.