The Iranian currency market commenced on Monday, July 20, 2026, with the US Dollar (USD) posting a sell price of 190,200 Toman. The buy rate for the greenback was recorded at 189,074 Toman. Other major foreign currencies also saw activity, with the Euro (EUR) trading at 217,600 Toman, the British Pound (GBP) at 256,000 Toman, and the UAE Dirham (AED) at 52,700 Toman. The Turkish Lira (TRY) was priced at 4,030 Toman, indicating a relatively stable start to the week for the exchange market.
In the precious metals sector, the Emami gold coin, a key indicator for Iranian investors, was valued at 189,000,000 Toman in the morning session. The Azadi coin followed closely at 184,000,000 Toman, while the Nim Seke (half coin) was priced at 96,500,000 Toman. Gold 18-karat per gram, widely used in jewelry, reached 18,421,903 Toman. Globally, the price of a gold ounce stood at $4,012.10, reflecting international trends that often influence domestic gold prices.
The cryptocurrency market showed mixed signals. Bitcoin (BTC), the leading digital asset, was trading around $64,110. Ethereum (ETH) maintained its position above the $1,800 mark, with a price of $1,857.08. Tether (USDT), a stablecoin pegged to the US Dollar, was exchanged for 190,550 Toman, closely mirroring the official USD rate in the local market. These figures highlight the continued interest and volatility within the digital asset space among Iranian investors.
The morning's trading session suggests a market that is consolidating, with no dramatic shifts observed across the major asset classes. Investors are likely assessing both domestic economic indicators and international developments to gauge future movements. The slight premium of USDT over the official USD rate indicates persistent demand for stable digital assets.
As the week progresses, market participants will be watching for any policy announcements or significant global economic news that could impact these prices. The interplay between traditional assets like gold and currency, and the burgeoning crypto market, remains a focal point for financial observers in Iran.