Currency

Turkish Lira (TRY/IRR) Volatility Contracts to 90-Day Lows

Turkish Lira (TRY/IRR) volatility has contracted to its lowest level across a 90-day lookback period, registering a metric of 0.918571 percent across a 20-se...

Market event cover: large price move

Turkish Lira (TRY/IRR) volatility has contracted to its lowest level across a 90-day lookback period, registering a metric of 0.918571 percent across a 20-session window. This reading marks a compression compared to the previous record of 1.03 percent, highlighting a notable narrowing of price extremes in the Iran free market.

Interactive price chart

Event Details

The session on November 7, 2026, closed at 53,500 Iranian Rials, moving from an open of 53,500 Rials with a high of 53,600 Rials and a low of 53,500 Rials. The resulting intraday range narrowed to 0.186916 percent alongside a daily return of 0.187266 percent. This tight trading range contributed directly to the decline in volatility below the prior 1.03 percent benchmark observed during the 90-day observation window.

Conclusion

The drop in the 90-day volatility metric to 0.918571 percent highlights a compression in price swings for Turkish Lira (TRY/IRR). By restricting daily movement within a narrow 100-rial span between the 53,500 low and 53,600 high, the latest session deepens the contraction in price variance relative to recent historical bounds.

Live rates

Track the latest Turkish Lira (TRY/IRR) session on Iran Market Data.