The Iranian rial plunged to a record low of around 1.8 million per USD in parallel markets on April 29 amid a shaky ceasefire between Iran, the US, and Israel, compounded by a US naval blockade restricting oil shipments through the Strait of Hormuz and tightening sanctions that have crippled exports and fueled record inflation. Bonbast free-market rates, key for resolution, closed April 29 at 171,450 toman (1.71 million rials) per USD and traded around 177,000 toman intraday on April 30, reflecting ongoing economic contraction estimated at 6.1% for 2026 by the IMF. Traders await Bonbast's finalized April 30 daily rate—published the following day—to determine if thresholds were met since late March, with volatility tied to ceasefire stability and any sanction relief signals.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated$215,151 Vol.
↑ 1.8M
1%
↓ 1.5M
2%
↓ 1.4M
1%
↓ 1.3M
<1%
$215,151 Vol.
↑ 1.8M
1%
↓ 1.5M
2%
↓ 1.4M
1%
↓ 1.3M
<1%
This market will resolve according to the daily finalized free-market USD exchange rate as displayed on Bonbast (https://www.bonbast.com/graph/usd), which publishes prices in Iranian toman, where 1 Iranian toman equals 10 Iranian rials (IRR).
A daily figure will be considered finalized once the following day’s figure is released.
Revisions or corrections to daily figures indicating a qualifying exchange rate will be considered only if they occur before all relevant figures for this market have been finalized.
The resolution source for this market will be Bonbast (https://www.bonbast.com/graph/usd). Resolution will occur once the final exchange rate data point of the specified timeframe is finalized. If the resolution source becomes permanently unavailable, another resolution source will be chosen.
Market Opened: Mar 27, 2026, 7:21 PM ET
Resolver
0x65070BE91...This market will resolve according to the daily finalized free-market USD exchange rate as displayed on Bonbast (https://www.bonbast.com/graph/usd), which publishes prices in Iranian toman, where 1 Iranian toman equals 10 Iranian rials (IRR).
A daily figure will be considered finalized once the following day’s figure is released.
Revisions or corrections to daily figures indicating a qualifying exchange rate will be considered only if they occur before all relevant figures for this market have been finalized.
The resolution source for this market will be Bonbast (https://www.bonbast.com/graph/usd). Resolution will occur once the final exchange rate data point of the specified timeframe is finalized. If the resolution source becomes permanently unavailable, another resolution source will be chosen.
Resolver
0x65070BE91...The Iranian rial plunged to a record low of around 1.8 million per USD in parallel markets on April 29 amid a shaky ceasefire between Iran, the US, and Israel, compounded by a US naval blockade restricting oil shipments through the Strait of Hormuz and tightening sanctions that have crippled exports and fueled record inflation. Bonbast free-market rates, key for resolution, closed April 29 at 171,450 toman (1.71 million rials) per USD and traded around 177,000 toman intraday on April 30, reflecting ongoing economic contraction estimated at 6.1% for 2026 by the IMF. Traders await Bonbast's finalized April 30 daily rate—published the following day—to determine if thresholds were met since late March, with volatility tied to ceasefire stability and any sanction relief signals.
Experimental AI-generated summary referencing Polymarket data. This is not trading advice and plays no role in how this market resolves. · Updated



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