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

https://mins.news/en/item/32915

- Al Jazeera, 2026-08-26 10:00 UTC
- Economy
- Original: https://www.aljazeera.com/economy/2026/8/26/one-us-dollar-now-costs-2-million-rials-in-iran-and-heres-what-it-can-buy?traffic_source=rss

> 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%.

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