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Euro Stalls at the Gates of 160,000 Tomans; Global Holidays Cast a Shadow

While global markets remain closed for the New Year holidays and the weekend (Sunday), the Euro price in Tehran is currently being determined solely by domestic dollar fluctuations. The European currency saw limited movement today, holding steady within the 159,000 Toman channel.
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Euro Stalls at the Gates of 160,000 Tomans; Global Holidays Cast a Shadow

While global markets remain closed for the New Year holidays and the weekend (Sunday), the Euro price in Tehran is currently being determined solely by domestic dollar fluctuations. The European currency saw limited movement today, holding steady within the 159,000 Toman channel.

According to Shahre -e- Bourse, the Euro is trading today (Sunday, January 4, 2026) at a rate of 159,510 Tomans.

Traders note that due to the closure of global markets (Forex), the EUR/USD exchange rate remains fixed. Consequently, the only factor driving the Euro’s price in Tehran today is the fluctuation of the US Dollar in the Sabzeh Meydan market.

Euro & European Currencies Price Board (Sunday, Jan 4, 2026)

CurrencyCurrent Price (Toman)Daily ChangeStatus
Euro (EUR)159,510➖ Relative Stability⚓️ Waiting for Monday
British Pound (GBP)182,910📉 Negative Fluctuation🔽 Correction
Swiss Franc (CHF)171,380➖ Unchanged➖ Stable
US Dollar (USD)135,680➖ Market Leader⚓️ Main Benchmark

(Source: Extracted from exchange boards on TGJU)

What is the outlook for the Euro?

  1. Market Reopening: Global markets reopen tomorrow (Monday). If the Global Dollar Index (DXY) weakens in the new year, the Euro could gain strength globally, potentially pushing the price past 160,000 Tomans in the Tehran market.

  2. Seasonal Demand: During January, demand for Euro remittances (for students and immigrants residing in Europe) typically increases. This fundamental demand acts as a support level, preventing significant price drops.

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