Skip to content
Guavy Logo GUAVY
Sign up
Back to Guavy Wire
Forex

Riyal Plummets to Historic Lows Amid Escalating US Blockade

Guavy AI Editorial Team
Instruments
USD
Share

The value of Iran's currency has plummeted to historic lows against the US dollar due to the tightening economic blockade imposed by Washington.

According to tracking site TGJU, the riyal traded at around 2 million per dollar on Monday, down 4.5% since US President Donald Trump announced a major campaign against Tehran last week.

The economic pressure mounted as Washington sought to isolate Iran by threatening its remaining trade partners, blockading key Persian Gulf ports, and choking off vital crude oil revenue.

US Treasury Secretary Scott Bessent is due to announce new economic measures against Iran later Monday, describing the planned campaign as an 'economic D-Day', aiming to sever Iran's remaining economic lifelines.

More on Forex

Forex 3m ago

Forex Markets Abandon Fiat Currencies as Debts Soar

Forex 3m ago

Japanese Yen Falls as US Dollar Strengthens Amid Widening Rate Gap

Forex 4m ago

Dollar Weakens Amidst Fiscal Worries and Rising Yields

Disclaimer: Guavy is a data and market intelligence provider, not an investment adviser. The information, signals, and market analysis provided by the Guavy API and related services are for informational purposes only and are not intended as financial advice, investment recommendations, or an endorsement of any particular trading strategy. Trading in volatile markets, including cryptocurrency, carries significant risk and may not be suitable for all investors. Past performance is not indicative of future results. Users should consult with a qualified financial professional before making any investment decisions. Guavy makes no guarantee of trading profits or financial returns.

Guavy Logo GUAVY

Market sentiment intelligence for apps, funds & agents

Location

729 55 Ave SW
Calgary AB T2V 0G4
Canada

Navigate

Markets

Resources

© 2026 Guavy Inc

Terms Privacy Policy