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Euro Retreats from 160,000 Tomans; Collective Fall of Major Currencies

As the US Dollar hit the brakes on its downward path, the Euro also lost the 160,000 Toman stronghold. The European currency, which had touched record highs earlier this morning, retreated to the 158,000 Toman channel following the market correction.
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Euro Retreats from 160,000 Tomans; Collective Fall of Major Currencies

As the US Dollar hit the brakes on its downward path, the Euro also lost the 160,000 Toman stronghold. The European currency, which had touched record highs earlier this morning, retreated to the 158,000 Toman channel following the market correction.

According to the Shahr-e-Bourse, In today’s trading (Monday, December 29, 2025), the currency market witnessed a broad price correction. The Euro, maintaining its high correlation with the Tehran Dollar, faced a noticeable decline after morning excitement subsided and the Dirham rate dropped.

Based on the latest market rates, each Euro, which was trading at higher peaks earlier, is now exchanging in the range of 158,340 Tomans, indicating a decrease in demand for travel and commercial currencies.

Euro & European Currencies Price Table (Monday, Dec 29, 2025)

CurrencyLive Price (Tomans)Status
Euro (EUR)158,340📉 Fall from Peak
British Pound (GBP)181,500📉 Price Correction
Swiss Franc (CHF)170,590📉 Market Sync
US Dollar (USD)134,390📉 Bearish Leader
Turkish Lira (TRY)3,130➖ Relative Stability

Why did the Euro get cheaper?

  1. Following the Leader: In the Iranian market, the Euro acts as a “Follower” while the Dollar is the “Leader.” When the Dollar corrects by 8,000 Tomans, the Euro is forced to retreat relative to the cross-rate.

  2. Global Parity: In global markets today (Monday), the Euro-to-Dollar ratio (EUR/USD) hasn’t changed significantly; therefore, the price drop in Tehran is solely due to the Rial’s strengthening against the Dollar, not the Euro’s intrinsic weakness.

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