2 Jan 2026, Fri

Iranian Rial Value: If you go to Iran with just 8 dollars, you will become a millionaire, the value of the currency will blow your mind.

The price of Iran’s currency Rial has reached a record low. Just one American dollar has become equal to 14 lakh riyals here, that is, just eight dollars will make you a millionaire here. Iran is currently going through a very weak phase. Inflation is skyrocketing and unemployment is increasing day by day, due to which people’s tension has also started increasing.

According to ABC News, on Wednesday (December 31, 2025), the value of one dollar reached 13 lakh 80 thousand riyals. This simply means that the value of the Riyal is almost gone. Here you can become a millionaire in just eight dollars. The price of 8 dollars comes to around 1 crore 12 lakh riyals.

Iran’s Central Bank head Mohammad Reza Farzin resigned from his post on December 29 after the fall in the value of the rial. Experts say that inflation in Iran has increased by 40 percent, due to which dissatisfaction has arisen among the people and they have been forced to take to the streets.

According to the report, Mohammad Reza Farzin had assumed the post of head of the Central Bank of Iran in the year 2022 and at that time the value of one dollar was equal to 4,30,000 Riyal, that is, the value of Riyal fell by 10 lakh in just three years. This fall in the Riyal has happened amid the pressure of sanctions and regional tensions, which increased inflation. Iran has been completely cut off from international banking systems (such as SWIFT), resulting in almost no foreign trade and transactions.

Gen-Z protests in Iran over rising inflation and unemployment have reached their peak. People’s anger against Supreme Leader Ayatollah Ali Khamenei has increased to such an extent that they are shouting slogans against him on the streets and demanding end of dictatorship. The protests that have been going on for five days have now turned violent, in which seven people have lost their lives and many have been injured.

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