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,
B286 (PNL): 20,000 rials (US$0.75) Blue and green. Front: Farsi text; Ayatollah Ruhollah Khomeini. Back: English and Farsi text; Al-Aqsa Mosque building in Jerusalem. Windowed security thread with demetalized stylized sun. Watermark: Ruhollah Khomeini. Printer: (TAKAB). 163 x 78 mm. Paper. a. No date. Sig. 29: Bahmani/Hosseini. Crescent on dome
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
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
On 11 September 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
B288 (P149): 50,000 rials (US$1.80) Purple, brown, green, and orange. Front: Farsi text; Ayatollah Ruhollah Khomeini. Back: English and Farsi text; map of Persian Gulf area with atomic symbol over Iran. Holographic windowed security thread with demetalized 50000 and stylized sun. Watermark: Ruhollah Khomeini. Printer: (TAKAB). 166 x 79 mm.