Like B289a, but with repositioned vignettes front/back. Most notably, the denomination is expressed as 10 in the corners front/back, further indication that the CBI is preparing to revalue the rial by removing four zeroes. Farsi press release. Courtesy of Ali Zand, Armen Hovsepian, Ivan Bogdanov (bonistics.org) and Peter Mosselberger (Bank
According to a DW article dated 31 July 2019, the Iranian government has approved a plan to remove four zeroes from the rial and rename the currency the toman, a former superunit of official currency that was in circulation until 1925. Iranians have for decades continued to use the term
According to an Iran Front Page article dated 2 January 2019, the Central Bank of Iran has unveiled a new 500,000-rial note (B296a) design. The new note is similar to the same denomination issued in 2014 (B294a), but orange in color, repositioned vignettes on front, and Mount Damavand on back.