The Iranian rial lost more than half its value over six months, dropping from approximately 800,000 per US dollar in mid-2025 to between 1.5 million and 1.6 million on unofficial markets by early 2026, according to Mohamad Machine-Chian (2026).

Authors

• Person: Yucheng Hou Organization: Ciris
  Iran at a Crossroads: Legitimacy, External Pressure and Regional ...

Sources

• Iran at a Crossroads: Legitimacy, External Pressure and Regional ... www.ciris.info Yucheng Hou · Ciris via serper

Referenced by nodes (1)

• Iran entity