Iran new signature 2,000-rial note (B279b) confirmed
2008-10-21
Like B279a, but new signatures (Mazaheri/Danesh-Jafari) and lithograph back. Courtesy of Ali Nasseri.Read More…
Iran new 500,000- and 1-million rial cheques (B291a and B292a) confirmed
2008-09-25
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 largeRead More…
Iran new signature 50,000-rial note (B288b) confirmed
2008-01-18
Like B288a, but new signatures (Mazaheri/Danesh-Jafari). Courtesy of Armen Hovsepian (www.armenstamp.com).Read More…
Iran considering knocking three zeros off the rial
2007-09-11
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 ofRead More…
Iran new 50,000-rial note (B288a) confirmed
2007-03-12
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.Read More…