Dollar and Euro Prices on July 4, 2026; Fluctuations in Turkey and Iran's Currency Markets

Today, Saturday, July 4, 2026, reports from the Turkish currency market indicate continued pressure on the Lira. According to data published by reputable economic media, including "Kocaeli Denge," the Dollar rate stabilized in the early hours of Saturday's trading, fluctuating around 46.80 Lira [1]. This comes as investors closely monitor the Central Bank of the Republic of Turkey's monetary policies for the second half of 2026.

Turkey Currency Market Status; Dollar on the Verge of 47 Lira In the Turkish free market, the buying price for each US Dollar is reported at approximately 46.75 Lira, with the selling price reaching 46.86 Lira [5]. The Euro, as the second most demanded currency, has maintained its upward trend, trading in the range of 53.50 to 53.60 Lira [2]. Experts believe that the closure of official markets on Saturday has caused rates to be shaped based on Friday's final trades and limited demand at local exchange offices.

In addition to the Dollar and Euro, the British Pound is trading in the Turkish market at 62.47 Lira for buying and 62.60 Lira for selling. Furthermore, in the cryptocurrency market, Bitcoin continues its volatile trend at a price equivalent to 2,919,567 Lira (approximately $62,380), indicating a relative correlation between traditional and digital markets at this juncture [5].

Reflection of Rates in the Iranian Market; Lira and Free Market Dollar Simultaneously in the Iranian market, today, July 4, 2026 (corresponding to the solar calendar), prices are influenced by inflation and seasonal demand. According to a report by Shargh Newspaper, the Dollar price in Tehran's free market has reached the level of 1,754,900 Rials (175,490 Tomans) [3]. This price increase has significantly affected travel costs and the import of goods from neighboring countries.

The Turkish Lira rate in the Tehran market is priced today at approximately 37,500 Rials (3,750 Tomans) [3]. Given the Dollar-to-Lira exchange rate in Turkey (around 46.80), this price in the Iranian market indicates relative stability in currency remittance rates between the two countries. The Euro has also crossed the 2 million Rial threshold in Iran's free market, trading in the range of 2,007,600 Rials [3].

Economic Analysis and Future Outlook Analysts from international institutions such as "Naga" predict that the Turkish Lira will continue its gradual depreciation trend until the end of 2026, likely reaching the range of 49 to 51 Lira against the Dollar [4]. The main factors cited for this trend are Turkey's domestic inflation rate and the US Federal Reserve's contractionary policies.

In the Iranian market, economic activists are waiting for political signals and the results of trade negotiations to determine the medium-term direction of the currency market. Currently, the gap between the government exchange rate and the free market remains one of the main challenges for exporters and importers, leading to increased caution in large transactions [3].