Currency rates in exchanges

In recent days, the value of the Canadian dollar against the Iranian rial has significantly increased. This sharp rise followed the announcement of new US sanctions against Iran by President Donald Trump. By signing an executive order, Trump reintroduced the "maximum pressure" policy, aiming to reduce Iran’s oil exports to zero and prevent the country from obtaining nuclear weapons.

Why Are Exchange Rates Rising?
These sanctions have had a direct impact on Iran’s currency market. Reports indicate that the US dollar has surged to 85,500 tomans, while the Canadian dollar has surpassed 60,000 tomans. For instance, on February 5, 2025, the Canadian dollar was traded at 59,250 tomans, marking a 2.69% increase compared to the previous day.

What Happens If Iran and the US Reach an Agreement?
Trump has stated that he is open to negotiations with Iran and hopes that sanctions won’t be necessary. If a deal is reached and restrictions are eased:

Foreign exchange rates may decrease as trade and banking limitations are lifted, leading to a higher supply of foreign currency.
Iran’s oil exports will increase, strengthening the rial as more revenue flows into the country.
Economic uncertainty will decline, potentially attracting more foreign investments.

What If There’s No Agreement?
If negotiations fail and sanctions are tightened further:

Exchange rates will continue to rise, as Iran's access to foreign reserves becomes more restricted.
Inflation and devaluation of the rial will accelerate, making imports and domestic production more expensive.
Economic instability may worsen, affecting other markets such as gold and real estate.

Conclusion
Iran’s currency market remains volatile, and investors should stay informed about both international and domestic developments. The future of exchange rates will largely depend on political negotiations between Iran and the United States.