Currency collapses in Iran?
UP IN SMOKE – IRAN’S CURRENCY TOTALLY COLLAPSES
https://joehoft.com/up-in-smoke-irans-currency-totally-collapses/#google_vignette
Excerpt below from full article above.
[The crisis for the Islamic Iranian regime just got worse as the country’s currency totally collapsed. It’s virtually worthless.
The International Business Times reports on Iran’s currency crash:
The Iranian rial has effectively collapsed, plummeting to an unprecedented low of more than 1.47 million per US dollar on unofficial markets this week. The currency crash has triggered a wave of nationwide ‘revolutionary’ protests, as the cost of basic survival spirals out of reach for millions of Iranians.
On Monday, 12 January 2026, the dollar was quoted as high as 1.47 million rials in the ‘free market’ of Tehran, marking a catastrophic decline from 2025 levels. For comparison, the rial traded at roughly 70 to the dollar during the 1979 revolution; it has now lost approximately 20,000 times its value over four decades, according toThe Economic Times. ]
https://joehoft.com/up-in-smoke-irans-currency-totally-collapses/#google_vignette
Excerpt below from full article above.
[The crisis for the Islamic Iranian regime just got worse as the country’s currency totally collapsed. It’s virtually worthless.
The International Business Times reports on Iran’s currency crash:
The Iranian rial has effectively collapsed, plummeting to an unprecedented low of more than 1.47 million per US dollar on unofficial markets this week. The currency crash has triggered a wave of nationwide ‘revolutionary’ protests, as the cost of basic survival spirals out of reach for millions of Iranians.
On Monday, 12 January 2026, the dollar was quoted as high as 1.47 million rials in the ‘free market’ of Tehran, marking a catastrophic decline from 2025 levels. For comparison, the rial traded at roughly 70 to the dollar during the 1979 revolution; it has now lost approximately 20,000 times its value over four decades, according toThe Economic Times. ]
56-60, M
