According to an article on FARS News Agency, to commemorate the 80th anniversary of the founding of the University of Tehran, the Central Bank of the Islamic Republic of Iran has announced its intention to introduce a new 50,000-rial note in the spring. Courtesy of Hamaseh Golestaneh and Christian Funke.Read More…

B287 (P153): 20,000 rials (US$0.75) Blue and green. Front: Farsi text; Ayatollah Ruhollah Khomeini. Back: English and Farsi text; Aghazadeh Mansion wind catchers in Abarkooh. Windowed security thread with demetalized stylized sun. Watermark: Ruhollah Khomeini. Printer: (TAKAB). 163 x 78 mm. Paper. a. No date. Sig. 30: Seif/Tayebnia. Intro: 15.12.2014.Read More…

According to an article in MarketWatch dated 17 October 2012, Germany’s Koenig & Bauer Aktiengesellschaft (KBA) has agreed to stop supplying SPMO [Iran’s Security Printing and Minting Organization] and the Central Bank of Iran with the equipment needed to produce rial banknotes, as part of international efforts to force IranRead More…