Free-Market US Dollar Registers Largest Daily Loss in 30 Days

The Free-market US Dollar (USD/IRR) recorded its steepest single-session decline in a month on October 7, 2026. The exchange rate dropped sharply during the session, registering a daily loss that eclipses any downward move seen over the preceding 30-day lookback period.

Event Details

During the October 7 session, the Free-market US Dollar posted a daily return of -2.54 percent, equivalent to a loss of 68,200 IRR from its previous close. The session opened at 2,679,800 IRR and reached a high of 2,680,050 IRR before falling to an intraday low of 2,619,850 IRR, ultimately settling at a close of 2,620,000 IRR. The magnitude of this decline exceeds the previous 30-day record loss of -2.27 percent noted within the observation window. The intraday trading range for the session spanned 2.3 percent.

Conclusion

The sharp pullback on October 7 breaks the prevailing trajectory of the prior sessions, establishing a new 30-day benchmark for downward daily volatility. The session's descent from an opening near the 2,679,800 IRR level down to the 2,620,000 IRR close highlights a distinct shift in the scale of single-day contractions compared to the preceding month's historical prints.

Live rates

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