The Iranian market opened on Thursday, July 23, 2026, with a relatively stable outlook across key sectors. The US Dollar (USD) maintained its position, with the sell rate recorded at 191,800 Toman and the buy rate at 190,665 Toman. Other major currencies also showed consistent pricing, with the Euro (EUR) selling at 219,200 Toman, the British Pound (GBP) at 256,800 Toman, and the UAE Dirham (AED) at 52,700 Toman. The Turkish Lira (TRY) was available at 4,060 Toman, reflecting the broader stability in the currency exchange market.
In the gold and coin market, prices remained strong, underscoring continued investor interest in precious metals. The Emami coin was valued at a significant 189,000,000 Toman, while the Azadi coin traded at 185,000,000 Toman. The Nim Seke (Half Coin) reached 96,500,000 Toman. For those interested in raw gold, the price of 18-karat gold per gram stood at 18,941,317 Toman. Globally, the gold ounce was priced at $4,124.30, influencing local sentiment.
The cryptocurrency market presented a mixed picture, with some assets experiencing minor shifts. Bitcoin (BTC), the leading cryptocurrency, was trading at $65,622. Ethereum (ETH) followed at $1,920.80. The stablecoin Tether (USDT), often used as a benchmark for local crypto-Toman conversions, was valued at 191,208 Toman, closely mirroring the official USD exchange rate.
Market participants continue to monitor both domestic economic indicators and international developments, particularly those impacting global commodity prices and currency valuations. The stability observed in the early morning session suggests a cautious yet consistent trading environment as the day progresses. Local demand and supply dynamics, alongside global geopolitical factors, will remain key determinants for price movements in the coming hours.