Iran new 100,000-rial note confirmed

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According to a Bloomberg BusinessWeek article dated 16 June 2010, the Central Bank of the Islamic Republic of Iran issued a new 100,000-rial (US$10) note on 22 June. Governor Mahmoud Bahmani said the bank will print at least 150 million of the new notes, though he promised it won’t increase the inflation rate (currently around 10 percent). The new banknotes will reduce the need for cheques (banknote-like documents available in denominations of half- and one-million rials) that Iranians buy from banks to use in large transactions. Cheques are transferred between individuals in the same way as cash, but are canceled when presented at banks for deposit.

Green. Front: Ayatollah Ruhollah Khomeini. Back: Lines from Gulistan (The Rose Garden), a poem by Saadi; trees and Saadi’s tomb in Shiraz. Solid security thread and windowed security thread with demetalized 100.000. Watermark: Ruhollah Khomeini. Printer: Unknown.. 166 x 79 mm.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of Saeed Abdullah, Abdullah Beydoun, and Armen Hovsepian.
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Iran new signature 5,000-rial note confirmed

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5,000 rials (US$0.50), no date. Like Pick 145, but new signature (Ebrahim Sheibani and Danesh Jafari). Intro: March 2010.

Courtesy of Ali Nasseri.
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Iran new signature 50,000-rial note confirmed

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50,000 rials (US$5.05), no date. Like Pick 149, but new signature (Mazaheri and Hosseini). Intro: March 2010.

Courtesy of Ali Nasseri and Aminoroaaya.
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Iran new signature 1,000-rial note confirmed

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1,000 rials (US$0.10), no date. Like Pick 143, but new signature (Mazaheri and Danesh Jafari). Intro: March 2010.

Courtesy of Ali Nasseri and Aminoroaaya.
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Iran new 1,000,000-rial cheque confirmed

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1,000,000 rials (US$101.15), no date. Introduced 2010. Like million-rial cheque issued by the Central Bank of Iran in 2008, but new color scheme and signatures.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of Ricardo Castedo.
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Iran to issue 100,000-rial notes by August 2010

According to a PressTV article dated 23 March 2010, “The Central Bank of Iran (CBI) will issue new 100,000-rial [US$10.11] banknotes within four months, says CBI Head Mahmoud Bahmani. ‘We have ordered 100,000-rial banknotes to be printed and people will get these notes within four months,’ said Bahmani on Monday, IRNA reported. Last week, the CBI announced that the bank plans to print 100,000-rial banknotes in the current Iranian year, which started on March 21. CBI Deputy Head Hamid Pourmohammadi says the decision was part of the bank's plan to slash three zeros off Iran's national currency. The head of Iran's Bank Tejarat, Majid-Reza Davari, said the decision was part of CBI's “monetary reform plan,” but analysts say rising inflation has led the government to issue high value banknotes, Fars News Agency reported.”
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Iran new signature 2,000-rial note confirmed

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2000 rials (US$0.20), no date. Like Pick 144, but new signature.

Anyone interested in buying one of these notes can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of banknoteshop@gmx.net.
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Iran new 20,000-rial note confirmed

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20,000 rials (US$2).
Front like Pick 148, but with new signature combination of Bahmani and Hosseini. Back now depicts Masjid-ul Aqsa (Al-Masjid Al-Aqsa) in Jerusalem.

Courtesy of Rui Manuel Palhares, Abdullah Beydoun, and Omer Yalcinkaya.
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Iran new signature 2,000-rial note confirmed

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2,000 rials (US$0.20). Like Pick 144, but new signatures.

I originally reported the signature combo as Mazaheri - Bahmani, basing my info on the signature table at Peter Symes’ excellent site, Islamicbanknotes.com. However, I have recently been contacted by Ali Nasseri who says:

The Islamicbanknotes.com has the signature of Hosseini - Bahmani that is correct, but has a mistake too!

Hosseini - Bahmani notes (2000, 5000, 20000 and 50000 Rials) put into circulation after "Danseh Jafari - Mazaheri - Sign 34" notes (2000, 20000 and 50000) and everybody has thought that they are sign 35, even me.

But, because Mr. Mazaheri was the preident of CBI, few month after Mr. Hosseini and before Mr. Bahmani, so the new 2000 Rls is printed before of all "Hosseini - Bahmani" notes (2000, 5000, 20000 and 50000 Rials), so, the new signature "Hosseini - Mazaheri" is printed former than "Hosseini - Bahmani".

I should tell frankly that the previous numeration is mistake and most rewrite according below:
Signature 34: "Danseh Jafari - Mazaheri" (As previous)
Signature 35: "Hosseini - Mazaheri" (new claim)
Signature 36: "Hosseini - Bahmani" (incorrect sign. 35)

Plus, you mentioned "Mazaheri - Bahmani" in your website. Those are both CBI's presidents. Where is the minister of finance's signature??? It is imposible that both of signatures belong to Central Bank presidents.

I corrected the signatures list and you can see them here.

Courtesy of Rui Manuel Palhares and Ali Nasseri.
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Iran issues new 5,000-rial note featuring Omid satellite

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On 19 July 2009, the Central Bank of the Islamic Republic of Iran introduced a new 5,000-rial (US$0.50) banknote with images of Omid, Iran’s first domestically-produced research and telecommunications satellite, which was launched into space on February 3. "In order to commemorate its achievements in space sciences the government has given permission to the central bank to use pictures of the Omid satellite and its rocket launcher on both banknotes and coins," the Abrar newspaper said.

The new undated note measures 154 x 75 mm and features a portrait of Imam Khomeini on front and the Omid satellite and earth on back. The watermark is of Khomeini, with a 0.5-mm wide windowed security thread with demetalized denomination in Persian and Latin.

Anyone interested in buying this note can contact the contributor by clicking the link below. Be sure to say you saw it mentioned here on Banknotenews.com.

Courtesy of Ali Nasseri.
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Iran revised 2,000-rial note confirmed

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Like P144, but new signature.

2,000 rials (US$0.20)
Pink and dark yellow. Front: Ayatollah Ruhollah Khomeini. Back: Ka’aba at the Holy Mosque in Mecca. Microprinted solid security thread. Watermark: Khomeini. 150 x 72 mm. No date. Signature: Davood Danesh Djafari and Tahmasb Mazaheri. Introduced 25.09.2008.

Courtesy of Ali Nasseri.
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Iran issues 500,000- and 1-million rial cheques

In August 2008, the central bank issued new cheques, which it claims are not banknotes although they are legal tender just as if they were. They were introduced to replace the array of high-denomination promissory notes which private banks had been issuing to enable their customers to carry out large transactions and which are now banned as the central bank has moved to reassert control over the money supply.

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500,000 rials (US$51.90)
Dark pink and brown. Front: Main gate of Imam Reza Holy Shrine in Mashhad. Back: Calligraphic text; Islamic design of flower. 2.5-mm microprinted windowed security thread. Watermark: Hakim Aboul-ghasem Ferdowsi. 160 x 75 mm. No date (2008). Signature: CBI president, Mr. Tahmasb Mazaheri. Introduced 16.08.2008.

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1,000,000 rials (US$104)
Light blue and light brown. Front: Tachar Palace-Perspolis ruins in Shiraz. Back: Calligraphic text; Islamic design of flower. 2.5-mm microprinted windowed security thread. Watermark: Hakim Aboul-ghasem Ferdowsi with electrotype denomination. 160 x 75 mm. No date (2008). Signature: CBI president, Mr. Tahmasb Mazaheri. Introduced 23.08.2008.

Courtesy of Ali Nasseri.
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Iran new signature 50,000-rials note confirmed

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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).

Courtesy of Armen Hovsepian (www.armenstamp.com).
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Iran issues new 50,000-rial note featuring nuclear insignia

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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.

Courtesy of Central Bank of the Islamic Republic of Iran and Hamid Reza Ebrahimi.
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Iran considering knocking three zeros off the rial

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.
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