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Iran's Currency Has Collapsed: What It Means Now to Its People, the World
International Business Times ^ | January 13, 2026 | Kella Pacquiao

Posted on 01/14/2026 1:16:41 AM PST by Morgana

The Iranian rial has effectively collapsed, plummeting to an unprecedented low of more than 1.47 million per US dollar on unofficial markets this week. The currency crash has triggered a wave of nationwide 'revolutionary' protests, as the cost of basic survival spirals out of reach for millions of Iranians.

On Monday, 12 January 2026, the dollar was quoted as high as 1.47 million rials in the 'free market' of Tehran, marking a catastrophic decline from 2025 levels. For comparison, the rial traded at roughly 70 to the dollar during the 1979 revolution; it has now lost approximately 20,000 times its value over four decades, according to The Economic Times. Economic Paralysis

The currency devaluation has pushed Iran's annual inflation rate past 42%, with food prices surging by more than 70% in some sectors. The impact on daily life is described by residents as 'crushing,' with reports suggesting that meat has become a luxury item unaffordable for over 7 million citizens.

The economic strain is largely attributed to a 'perfect storm' of external and internal factors. In June 2025, Israeli strikes damaged a centrifuge workshop in Isfahan, confirmed by the IAEA. UN snapback sanctions were restored in late September, followed by expanded US measures and a renewed 'maximum pressure' policy earlier in 2025.

(Excerpt) Read more at ibtimes.co.uk ...


TOPICS: Business/Economy
KEYWORDS: iran

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How much longer now?
1 posted on 01/14/2026 1:16:41 AM PST by Morgana
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To: Morgana

Things happen slowly and then quickly. We’ve reached the “quickly” part.


2 posted on 01/14/2026 1:19:35 AM PST by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: chajin

That is why I asked “How much longer now”?


3 posted on 01/14/2026 1:22:26 AM PST by Morgana ( “Abortion is the ultimate exploitation of women.” — Alice Paul 🇺🇸 )
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To: chajin
Things happen slowly and then quickly. We’ve reached the “quickly” part.

On January 9th, one dollar purchased 42,213 Iranian rial.
On January 10th, one dollar purchased 998,686 rial.
Today, one dollar purchases 1,069,310 rial.

4 posted on 01/14/2026 1:35:04 AM PST by Right_Wing_Madman
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To: Right_Wing_Madman

One could say it’s unrial.


5 posted on 01/14/2026 1:36:32 AM PST by chajin ("There is no other name under heaven given among people by which we must be saved." Acts 4:12)
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To: Morgana

No water, food is unaffordable, people are being shot down in the streets. I’d say the fat lady is warming up in the orchestra pit.

CC


6 posted on 01/14/2026 2:38:05 AM PST by Celtic Conservative (Heghlu'meH QaQ jajvam!)
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To: chajin
One could say it’s unrial.

Or urinal.

7 posted on 01/14/2026 3:10:49 AM PST by Right_Wing_Madman
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To: Morgana

On the good side, everyone in Persia is a Millionaire!


8 posted on 01/14/2026 3:45:24 AM PST by Uncle Miltie (islam v. communism: Which is worse for mankind? Discuss…)
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To: Morgana

Hamas, hezzbollah, houthis, Iraqi sympathizers, nukes, IRGC, morality police …

These things are expensive!

Death To America!

Death To Israel!

You really don’t need water or food!

< / mullahs >


9 posted on 01/14/2026 3:50:36 AM PST by Uncle Miltie (islam v. communism: Which is worse for mankind? Discuss…)
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To: Right_Wing_Madman

Wow. I spoke with a classmate at our reunion and he invested heavily in the rial.

Will he ever get anything for it?


10 posted on 01/14/2026 4:22:09 AM PST by Cowgirl of Justice
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To: chajin

“”One could say it’s unrial.””

***

And surrial.

Iranian mullahs are “finding out” about the curse part of Genesis 12:3.


11 posted on 01/14/2026 4:30:19 AM PST by Danie_2023
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To: Cowgirl of Justice
Wow. I spoke with a classmate at our reunion and he invested heavily in the rial.

Will he ever get anything for it?

Yes. Screwed.

12 posted on 01/14/2026 4:47:58 AM PST by null and void (To them, words are merely a means to deceive humans.)
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To: Cowgirl of Justice

He’ll get insulation for walls and bad toilet paper.


13 posted on 01/14/2026 5:11:13 AM PST by dynachrome (“They don’t kill you because you’re a Nazi; they call you a Nazi so they can kill you.”)
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To: dynachrome

Wow. He invested probably tens of thousands. So it won’t be reissued so he can recover anything? (sad, he is a nice guy)


14 posted on 01/14/2026 5:20:11 AM PST by Cowgirl of Justice
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To: dynachrome

If you think that Iran defaulting is a “good” thing, you’re a fool...

Western civilization is undergoing a *massive* call on it’s economic/currency systems, I kinda think it’s gonna be a little more than just a *blip* this time, I’m not alone:

https://www.youtube.com/watch?v=f_o7tn9EQ7w

In 2004 I thought the crack-up-boom would be when housing/mortgage CULTural fraud hit it’s zenith (2007-2008), but I didn’t really plan on U$D printing trillions upon trillions to keep the nauseating musical chair game proceeding, now here we are staring down a reckoning at least 10X worse.

Elections have consequences, the failure of Boobus Americanus to reject the (D)(R) Uniparty madness, install “representatives” that uphold the rule-of-law from top-to-bottom, is IMHO the No.1 mistake that led to this date with destiny, whereas *had* we had taken our lumps during the dot.com bubble and/or housing mortgage shenanigans, this nightmare could have been nipped in the bud.

Are. You. Ready. For. Consequences?


15 posted on 01/14/2026 5:24:53 AM PST by Veracious Poet (• Words fail ~ Love is a verb •)
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