Saudi Riyal Climbs to a New All-Time High

The Saudi Riyal (SAR/IRR) reached a historic peak on September 2, 2026, setting a new all-time high in the Iran free market. The session recorded a high of 589,110 IRR, surpassing the previous record of 570,680 IRR set in the prior session.

Event Details

During the September 2 session, the Saudi Riyal opened at 578,380 IRR and advanced to a peak of 589,110 IRR before closing at 587,430 IRR. The session registered a daily return of 3.05% and an intraday range of 3.08%, with the low touching 571,000 IRR. This advance extends a consecutive sequence of up days to six sessions, building on momentum that saw closes at 558,640 IRR on August 31 and 570,070 IRR on September 1.

Technical Context

Technical indicators highlight the magnitude of the session's extension, with the 14-day Relative Strength Index (RSI) registering at 85.81 and the Williams %R at -1.80. The price action pushed above the upper Bollinger Band of 576,669.13 IRR, while the Average Directional Index (ADX) stood at 36.13 alongside an ATR of 9,822.45 IRR, reflecting accelerated volatility during the push to record levels.

Conclusion

The September 2 print breaks past the previous day's record high of 570,680 IRR by a margin of 18,430 IRR on the high. This move extends a six-day upward sequence, resetting the peak for the currency pair in the free market.

Live rates

Track the latest Saudi Riyal (SAR/IRR) session on Iran Market Data.