Chinese Yuan (CNY/IRR) Posts New All-Time High

The Chinese Yuan (CNY) in the Iran free market reached an unprecedented level on August 31, 2026, closing at a new all-time high of 309,100 IRR. This marks a significant milestone, surpassing the previous record set just two days prior and highlighting a continued upward trajectory for the currency.

Event Details

On August 31, the Chinese Yuan opened at 309,100 IRR, which also registered as the session's high. The currency traded as low as 307,700 IRR before closing the session at 309,100 IRR, establishing the new all-time high. This record value of 309,100 IRR exceeds the previous all-time high of 306,600 IRR, recorded on August 29, by 2,500 IRR. The daily return for the session was 0.914136%, with an intraday range of 0.452928%.

Historical Context

The new all-time high extends a recent period of upward movement for the Chinese Yuan. The previous record of 306,600 IRR was established on August 29, with the currency closing that session at 306,300 IRR. Prior to this, the Yuan had seen its closing price rise from 286,700 IRR on August 22 to 300,800 IRR by August 24, indicating a sustained climb in the latter half of August.

Conclusion

The Chinese Yuan's ascent to a new all-time high of 309,100 IRR on August 31 represents a clear reset of its valuation extreme in the Iran free market. The session's open, high, and close all aligning at this record level, combined with a daily return of 0.914136%, underscores the strength of this move. This print not only surpasses the prior record by a notable margin but also extends a measurable pattern of higher values observed over the past week.

Live rates

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