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The Chinese Yuan (CNY/IRR) recorded its steepest single-session decline in thirty days on November 5, 2026, falling by 2.35 percent. The drop outpaces the pr...

Market event cover: large price move

The Chinese Yuan (CNY/IRR) recorded its steepest single-session decline in thirty days on November 5, 2026, falling by 2.35 percent. The drop outpaces the previous 30-day maximum daily loss benchmark of 2.06 percent, marking a notable expansion in session-to-session downward movement within the Iran free market.

Interactive price chart

Event Details

Trading on November 5 opened at 400,200.0 IRR, reaching a session high of 400,300.0 IRR before descending to a low of 398,300.0 IRR. The asset ultimately settled at a close of 399,200.0 IRR. The resulting daily return of -2.35 percent establishes a new 30-day low watermark for single-session performance, exceeding the magnitude of the prior 2.06 percent daily loss benchmark recorded within the lookback window. The intraday range for the session registered at 0.501002 percent, with the close settling near the lower bound of the day's extremes.

Conclusion

The 2.35 percent contraction breaks the prevailing daily performance bounds observed over the prior 30 sessions, resetting the threshold for single-session declines in the Chinese Yuan. By eclipsing the previous 2.06 percent record loss, the session highlights an acceleration in downward daily repricing compared to recent historical ranges.

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