Currency rates in exchanges

On November 29, 2024, the Canadian dollar was priced at 50,682 tomans, rising to 57,900 tomans by December 29. This significant increase comes amidst regional developments, including the fall of the Syrian regime, political tensions, and sanctions that have further undermined the value of Iran's national currency.

The sharp rise in the Canadian dollar against the Iranian rial has once again highlighted the deep economic crisis in Iran. Over the past month, the exchange rate has climbed from 50,682 tomans to 57,900 tomans, reflecting the country’s ongoing struggle with a depreciating national currency.

Experts point to multiple factors contributing to this trend. In addition to economic sanctions and U.S. foreign policies, particularly during Donald Trump’s presidency, the fall of Syria's regime—a key ally of Iran—has intensified regional instability. Other crises, such as the situation in Yemen and increasing international pressure on Iran, have further exacerbated the economic challenges.



For ordinary Iranians, the consequences have been severe. The rising cost of imported goods, soaring inflation, and difficulties in accessing foreign currency for travel or trade are just some of the problems. Recent protests by Tehran’s merchants have also underscored the social dimensions of this economic turmoil.

Iran's central bank governor recently blamed one currency exchange rate website for disrupting the market, sparking widespread criticism from economists and journalists who questioned the government's failure to regulate the currency market effectively. Analysts warn that if current trends persist, foreign currencies like the Canadian dollar will continue their upward trajectory.

In this environment, the website "Arzkooche" has emerged as a practical tool for currency users. The platform provides real-time exchange rates and transaction data from currency exchanges in Canada, the UK, and Australia, helping users find the best rates for buying or selling currency.