RialWatch
Independent Iranian Rial (IRR) Benchmark
Methodology
Status
Updated: 2026-05-04T05:17:24Z
PRIMARY BENCHMARK
-
Open Market / Street Rate
1,884,250
IRR per USD
Band (P25-P75)
1,879,125 - 1,889,375
Publication
Published
Prior Day
+44,500
IRR per USD
(+2.4%)
Observed
14:14 UTC
STREET RATE TIMELINE
Indicators
Street-Official Gap
Percent difference between Street USD/IRR and Official Commercial USD/IRR.
+31.2%
Street:
1,884,250
IRR per USD
Official:
1,436,680
IRR per USD
Premium to official market
Street-Transfer Gap
Percent difference between Street USD/IRR and Regional Transfer USD/IRR.
-1.0%
Street:
1,884,250
IRR per USD
Transfer:
1,903,550
IRR per USD
Premium/discount to transfer market
Street-Crypto Gap
Percent difference between crypto USDT-implied USD/IRR and Street USD/IRR.
-0.6%
Street:
1,884,250
IRR per USD
Crypto:
1,872,220
IRR per USD
Premium/discount to crypto market
Street-Gold Gap
Percent difference between gold-implied USD/IRR and Street USD/IRR.
+55.1%
Street:
1,884,250
IRR per USD
Gold-implied:
2,921,986
IRR per USD
Gold-derived FX signal (indicative)
Street-Official Spread
Absolute IRR difference between Street and Official Commercial rates.
+447,570
IRR per USD
Street:
1,884,250
IRR per USD
Official:
1,436,680
IRR per USD
Street minus official (absolute spread)
Street-Transfer Spread
Absolute IRR difference between Street and Regional Transfer rates.
-19,300
IRR per USD
Street:
1,884,250
IRR per USD
Transfer:
1,903,550
IRR per USD
Street minus transfer (absolute spread)
Additional Rial Readings
Official Commercial USD Rate
Iran Exchange Center USD remittance sell rate.
1,436,680
IRR per USD
Updated 14:14 UTC
Regional Transfer Rate
Regional transfer-channel USD/IRR reading for cross-border settlement.
1,903,550
IRR per USD
Updated 14:14 UTC
Market Signals
Crypto Dollar (USDT)
USDT-implied USD/IRR from crypto markets.
1,872,220
IRR per USD
Updated 14:14 UTC
Emami Gold Coin
IRR price of the standard Iranian gold coin.
2,060,000,000
IRR per coin
Updated 14:14 UTC
Regional Market Signals
Best available public locality signals relative to the RialWatch benchmark. Diagnostic only.
Loading Regional Market Signals
Pulling locality diagnostics from merged regional signal artifacts.
RECENT DAILY REFERENCES
Published reference fixes
Date
Fix
Publication
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Updated: 2026-05-04T05:17:24Z