After Biden won the US presidential election, the prices of Iranian currencies fell dramatically



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According to data from “bonbast.com”, which monitors the free foreign exchange market in Iran, the selling price of US $ 1 in the free market has fallen from 29,100 divisions to 24,900 divisions in the past 5 days.

The Euro, on the other hand, is traded by 29,565 divisions.

On November 3, when the US presidential election was held, the dollar traded by 29,100 divisions and the euro by 34,110 divisions.

Thus, in Iran, where the currency has been rising for months Joe BidenIn the past 5 days, with the victory of the presidential race, the dollar has lost 14 percent against the split and the euro has lost 13 percent.

At the beginning of January 1 US dollar in Iran was trading around 13,350 divisions. On 1 October, the dollar crossed 30,000 divisions for the first time.

After the dollar in the country went from 4 thousand divisions to 6 thousand 100 divisions in April 2018, the dollar was set at 4 thousand 200 divisions on 10 April 2018 in order to avoid the depreciation of the division against exchange rates and the state rate. and the free market rate in the country had appeared.

After the US administration unilaterally withdrew from the nuclear deal called Comprehensive Joint Action Plan (COEP) in May 2018 and reintroduced sanctions against Iran, foreign exchange prices in the country continued to rise.

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