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1.000.000 Rials
| Issuer | Bank Melli Iran |
|---|---|
| Year | 2000 |
| Type | Standard circulation banknote |
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| Obverse description | Obverse of this Bank Melli Iran bearer cheque in a predominantly green and white design, with the denomination '1000000' printed in large numerals at lower left and upper area in both Eastern Arabic and Western numerals. The face carries pre-printed fields for account number, date, payee, and amount in Persian script, with a central guilloche underprint pattern and a vertical red security thread running through the centre. A magnetic MICR serial number strip is printed along the bottom edge. |
|---|---|
| Obverse lettering | یک میلیون ریال 1000000 بانک ملی ایران |
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| Comments |
Bank Melli Iran introduced million-rial denominations as a direct consequence of chronic inflation that had eroded purchasing power steadily since the 1979 revolution. By 2000, a million rials was a routine transaction amount, not an extraordinary sum — the denomination reflects monetary reality rather than any special issuing event.
The MICR line points to machine-sortable banking use rather than retail cash circulation, suggesting this note was designed with interbank or high-volume commercial clearing in mind. The Pick number has not been formally assigned as of standard catalog editions, which places this among the more poorly documented late-series Melli issues.