Trump Says Iran’s Currency Is Destroyed in Rial Chart Post

Trump posts an infographic claiming the Iranian rial collapsed from about 900,000 to more than 2.27 million to the dollar, framing the slide as economic damage to Tehran.

First Published: September 6, 2026, 3:06 PM ET

WASHINGTON D.C. — Donald J. Trump posted an infographic on Truth Social asserting that Iran's Currency has been destroyed, charting a steep fall in the rial against the U.S. dollar.

The graphic tracks the value of 1 million Iran ian rials in U.S. dollars across a span labeled from January 2025 through September 2026. It marks an early reading of about 900,000 rial to $1 and a later reading of 2.27 million rial to $1. A red downward arrow runs over the declining line to underscore the drop.

Here is the full post on truthsocial: “Iran's Currency is DESTROYED VALUE OF 1 MILLION Iran IAN RIAL IN US DOLLARS 0.9 Million RIAL to $1 Dollar JAN-25 FEB-25 MAR-25 APR-25 MAY-25 JUN-25 JUL-25 AUG-25 SEP-25 OCT-25 NOV-25 DEC-25 JAN-26 FEB-26 MAR-26 APR-26 MAY-26 JUN-26 JUL-26 2.27 MILLION RIAL to $1 DOLLAR AUG-26 SEP-26” on September 6, 2026 at 2:54 PM ET.

This is Trump’s 20th message released today, and the last post was 5 minutes ago, and it is not part of a thread. On average, Trump produces 18 posts per day since his inauguration on January 20, 2025. The move fits a broader pattern in Trump’s recent messaging, with 77 of his 625 posts over the last 30 days classified as Foreign Policy posts.

Market reporting documents the rial’s decline. The U.S. dollar broke above 2.1 million Iran ian rials on Tehran’s free market on a Wednesday, setting a new record, according to Yahoo Finance. The rial lost around 60% of its value against the dollar since the start of the Iranian calendar year in March, when the dollar traded at approximately 1.35 million rials, according to sg.finance.yahoo.

The slide accelerated after Washington tightened economic pressure. The rial’s fall picked up speed after the United States reimposed a naval blockade on Iran ian ports in July, following the collapse of a short-lived ceasefire, according to Yahoo Finance. The U.S. Treasury cut off Iran’s access to regional banks, severing one of the Islamic Republic’s main channels for foreign currency and import payments, according to sg.finance.yahoo.

47th President Donald J. Trump posted an infographic on Truth Social on 09/06/2026.

Iran operates a dual exchange rate system, with the official rate set by the Central Bank running stronger than the free market rate available to ordinary Iranians and businesses, according to Yahoo Finance. The gap between the two has widened sharply since the war began, and the free market rate now runs more than double the official rate, according to sg.finance.yahoo.

Abdolnaser Hemmati, governor of the Central Bank of Iran, said the bank was ready to inject $2 billion into the foreign exchange market to stabilize the rial, according to Yahoo Finance. He attributed the latest slide primarily to psychological factors rather than fundamental economic ones, according to sg.finance.yahoo.

“The dust created in the foreign exchange market will settle, and the recent increase in exchange rates is driven more by psychological factors than by real economic factors,” Hemmati said, according to Yahoo Finance.

The currency’s fall has fed into consumer prices.Iran ians who hold savings in rials have seen their purchasing power roughly halved in less than six months, according to Yahoo Finance. Gold and hard currency have become the primary store of value, according to sg.finance.yahoo.