{"id":329277,"date":"2025-03-07T08:54:18","date_gmt":"2025-03-07T07:54:18","guid":{"rendered":"https:\/\/www.ncr-iran.org\/en\/?p=329277"},"modified":"2025-03-07T08:54:18","modified_gmt":"2025-03-07T07:54:18","slug":"irans-economic-instability-a-chronological-perspective","status":"publish","type":"post","link":"https:\/\/www.ncr-iran.org\/en\/news\/economy\/irans-economic-instability-a-chronological-perspective\/","title":{"rendered":"Iran\u2019s Economic Instability: A Chronological Perspective"},"content":{"rendered":"
\"An
An Iranian man peers inside a partially closed shop<\/figcaption><\/figure>\n

Three-minute read<\/em><\/strong><\/p>\n

Iran\u2019s economy has faced severe instability for over four decades, with major fluctuations affecting currency, capital, and investment markets. The Iranian people have directly felt the impact through a sharp decline in purchasing power, as the prices of essential goods, especially food and housing, have surged. This report follows a timeline of major economic developments, offering a clear perspective on Iran\u2019s ongoing crisis.<\/p>\n

Currency Shocks and Market Volatility (2011\u20132025)<\/h3>\n

Severe currency devaluation has been a key feature of Iran\u2019s economic instability. Since 2011, Iran has experienced five major currency shocks, making long-term financial planning nearly impossible.<\/p>\n

    \n
  • First shock (2011\u20132013): The U.S. dollar surged from 1,000 tomans to 3,000 tomans<\/a> under the regime’s former president, Mahmoud Ahmadinejad.<\/li>\n
  • Second shock (2018): The U.S. withdrawal from the JCPOA raised the dollar to 5,000<\/a>\u20136,000 tomans.<\/li>\n
  • Third and fourth shocks (2020\u20132023): Currency volatility under Hassan Rouhani and\u00a0 Ebrahim Raisi pushed the dollar beyond 30,000 tomans<\/a>.<\/li>\n
  • Fifth shock (2024): The dollar rose by 35% in less than two months, surpassing 60,000 tomans<\/a>.<\/li>\n<\/ul>\n

    These fluctuations have destroyed public trust, discouraged investment, and eroded savings. (AP News, 2024<\/a>)<\/p>\n

    \n

    #Iran<\/a>\u2019s Regime Fears Impending Social Explosion Amid Worsening #Economic<\/a> and Social Criseshttps:\/\/t.co\/h9e5afgF4l<\/a><\/p>\n

    — NCRI-FAC (@iran_policy) March 4, 2025<\/a><\/p><\/blockquote>\n