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EconomyOne US dollar now costs 2 million rials in Iran: what can it buy?

The Iranian rial has fallen past 2 million to the dollar on the free market, a new all-time low, as sanctions and the US-Israel war deepen economic hardship. In Tehran, tomatoes, chicken and cooking oil have risen by 71%, 74% and 177%, while insulin prices have surged 642%.

Iran economyIranian rialinflationsanctions

AAl Jazeera★★★★☆2026-08-26 10:00Original

One US dollar now costs 2 million rials in Iran: what can it buy?
One US dollar now costs 2 million rials in Iran: what can it buy?Economy