Iran
Iran new sig. variety 50,000-rials note reported
Jan 18, 2008 12:15 AM Category: Middle East
50,000 rials (US$5.40), ND (2007). Like the IRR50,000 reported in IBNS Journal 46.1p21, but new signatures (Mazaheri and Danesh Jafari).
Images courtesy of Armen Hovsepian (www.armenstamp.com).
© 2008: Neither information nor images from this site may be reproduced without permission from owen [AT] banknotenews [DOT] com.
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Iran considering knocking three zeros off the rial
Sep 11, 2007 12:07 PM Category: Middle East
On September 11, 2007, Iran’s central bank governor, Tahmasb Mazaheri, admitted that the bank is examining a proposal to knock three zeros off the rial to increase economic confidence and reduce the number of banknotes necessary to conduct cash transactions. Since the Islamic revolution of 1979, the exchange rate of the rial has gone from 70 rials to the dollar to 9,300 rials today. Iran’s largest denomination, the 50,000-rial note, was issued on March 12, 2007, and is worth approximately US$5.40.
Click here to purchase the 50,000-rial note shown above.
© 2007 - Neither information nor images from this site may be reproduced without permission.
Iran issues new 50,000-rial note featuring nuclear insignia
Mar 12, 2007 05:45 PM Category: Middle East
50,000 rials (US$5.40), ND (2007). Issued March 12, 2007. Orange and lemon. Ayatollah Ruhollah Khomeini as portrait and watermark along with electrotype denomination, 2.5 mm windowed security thread, and registration device. Map of Persian Gulf with electrons orbiting an atom, and a legend from Prophet Mohammed: “If the science exists in this constellation, men from Persia will reach it,” on back. 166 x 79 mm.
Click here to purchase the 50,000-rial note shown above.
Images courtesy of Central Bank of the Islamic Republic of Iran and Hamid Reza Ebrahimi.
Neither information nor images from this site may be reproduced without permission.