Free-market US Dollar Hits Record High of 2,272,200 IRR

The Free-market US Dollar (USD/IRR) reached a new all-time high of 2,272,200 IRR on September 5, 2026, marking a significant milestone for the currency pair. This record high extends a notable streak of gains, pushing the rate further into uncharted territory.

Event Details

On September 5, the Free-market US Dollar surged to an all-time high of 2,272,200 IRR. This surpassed the previous record of 2,218,200 IRR. The session opened at 2,233,050 IRR and closed near its peak at 2,272,050 IRR, registering a daily return of 2.78%. The intraday range for the session was 1.74%.

Technical Context

The new high is accompanied by several indicators pointing to strong upward momentum and overbought conditions. The Relative Strength Index (RSI 14) stands at 88.49, while the Stochastic RSI (K and D) is at 100.0, both indicating extreme overbought levels. The Average Directional Index (ADX 14) at 43.24, with a Plus DI of 62.79, confirms a strong bullish trend. The price closed above the upper Bollinger Band (2,251,191.22), further highlighting the intensity of the upward move. The current price is also trading above its 20, 50, and 200-day simple moving averages, reinforcing the bullish trend.

Historical Context

This record high extends a streak of seven consecutive up days for the Free-market US Dollar. The previous all-time high of 2,218,200 IRR was set just two days prior on September 3, 2026, indicating a rapid succession of new peaks. The current closing price also represents the highest close in the last 30 days.

Conclusion

The Free-market US Dollar's ascent to a new all-time high of 2,272,200 IRR on September 5, 2026, resets the extreme for the currency pair. This move is characterized by a sustained bullish trend, evidenced by seven consecutive days of gains and technical indicators signaling strong momentum, even as they point to overextended conditions.

Live rates

Track the latest Free-market US Dollar (USD/IRR) session on Iran Market Data.