According to a Financial Tribune article dated 3 April 2017, Valiollah Seif, the governor of the Central Bank of Iran, said the CBI has sent a bill to the government requesting the removal of a zero from the currency to reflect the public’s use of the term “toman” to refer
According to a press release dated 9 February 2017, the Central Bank of Iran plans to introduce a new 10,000-rial note in June 2017. The note is reduced in size, and features the large number 1 as registration device, perhaps in preparation for the eventual revaluation of the rial. Courtesy
According to an article on DW dated 7 December 2016, Iranian President Hassan Rouhani’s government proposed changing the name and denomination of the country’s official currency from the rial to the toman. With 1 toman equal 10 rials, this would effectively remove a single zero from prices, making transactions slightly
The Persia chapter of The Banknote Book is now available for individual sale and as a free download to subscribers. This 15-page catalog covers notes issued by the Imperial Bank of Persia from 1890 to 1932, Reichsbank (Imperial Bank) in 1916, and Reichsschuldenverwaltung (Imperial Debt Office) in 1916. Revised 17.09.2019.
This note commemorates the 80th anniversary of the founding of the University of Tehran. B290 (P155): 50,000 rials (US$1.80) Purple, brown, green, and orange. Front: Farsi text; Ayatollah Ruhollah Khomeini. Back: English and Farsi text; tree; entrance to Tehran University; double-helix strand of DNA; Capable is / the one who
According to various web sites, in December 2014 the Central Bank of the Islamic Republic of Iran introduced a new 500,000-rial cheque. B294 (P154): 500,000 rials (US$19) Purple, green, and yellow. Front: Farsi text; Imam Reza Holy Shrine entrance, dome with flag, and minaret in Mashhad; 50 and flying dove