The Iranian currency market concluded its evening session on Thursday, July 16, 2026, with the US Dollar maintaining a stable position. The sell rate for the USD was recorded at 187,700 Toman, while the buy rate stood at 186,589 Toman. Other major foreign currencies also saw their prices updated, with the Euro selling at 215,100 Toman, the British Pound at 253,550 Toman, and the UAE Dirham at 51,300 Toman. The Turkish Lira was priced at 3,990 Toman for sale.
In the gold and coin market, an upward trend was observed across various assets. The highly sought-after Emami coin reached 185,000,000 Toman, reflecting a notable increase. The Azadi coin followed suit, trading at 180,000,000 Toman, and the Nim Seke was priced at 96,000,000 Toman. For investors interested in raw gold, the price of 18-karat gold per gram was 18,202,594 Toman. Globally, the gold ounce was valued at 4,001.50 US Dollars, indicating strong international demand.
The cryptocurrency market presented a mixed picture, with some major digital assets experiencing slight adjustments. Bitcoin (BTC), the world's largest cryptocurrency, was trading at 64,634 US Dollars. Ethereum (ETH), another prominent altcoin, was priced at 1,886.55 US Dollars. Locally, the stablecoin Tether (USDT) was closely tracking the US Dollar's value, trading at 187,519 Toman, making it a key reference point for crypto transactions within Iran.
The evening session's data suggests a market where domestic gold and coin assets are gaining traction, potentially as a hedge against economic uncertainties or as a preferred investment vehicle. While the US Dollar showed stability, the slight dip in major cryptocurrencies like Bitcoin could indicate a cautious approach from investors in the digital asset space. Market participants will be closely watching global economic indicators and local policy developments for future direction.