Currency

Canadian Dollar (CAD/IRR) Sets New All-Time High

The Canadian Dollar (CAD) reached an unprecedented level against the Iranian Rial (IRR) on the Iran free market, setting a new all-time high of 1,808,700 IRR...

Market event cover: new price high

The Canadian Dollar (CAD) reached an unprecedented level against the Iranian Rial (IRR) on the Iran free market, setting a new all-time high of 1,808,700 IRR. This milestone extends a four-day streak of gains, pushing the currency pair beyond its previous record.

Interactive price chart

Event Details

On September 30, 2026, the CAD/IRR pair recorded a high of 1,808,700 IRR, surpassing the prior all-time high of 1,788,800 IRR established on the previous trading day. The session opened at 1,788,200 IRR and closed at 1,794,900 IRR, marking a daily return of 0.39%. The intraday range for the session was 1.18%.

Technical Context

The new high emerges amid strong bullish signals from technical indicators. The 14-period Relative Strength Index (RSI) stands at 77.94, indicating overbought conditions. The Average Directional Index (ADX) at 46.95 confirms a strong trend, with the +DI significantly above the -DI. Furthermore, the price traded above the upper Bollinger Band, while the 20-period Commodity Channel Index (CCI) registered 250.09, reinforcing the strong upward momentum.

Historical Context

This new peak extends a four-day consecutive upward trend for the CAD/IRR. The previous all-time high of 1,788,800 IRR was established just one session prior on September 29, 2026, highlighting the recent acceleration in price appreciation. The current close of 1,794,900 IRR also marks the highest close recorded in the last 30 days.

Conclusion

The Canadian Dollar's ascent to a new all-time high against the Iranian Rial underscores a sustained period of appreciation. The current session not only resets the record but also extends a measurable pattern of consecutive daily gains, indicating robust upward momentum in the market.

Live rates

Track the latest Canadian Dollar (CAD/IRR) session on Iran Market Data.