Catalog
1.000.000 Rials
| Issuer | Bank Melli Iran |
|---|---|
| Year | 2000 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Rial (1932-date) |
| Composition | Log in to see details |
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| Designer(s) | Log in to see details |
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| In circulation to | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Reverse in a light green guilloche underprint with a large oval vignette at centre-left showing a classical columned building, identified as a Bank Melli Iran branch. The English inscription 'ONE MILLION RIALS' appears at upper left and 'MELLI CHEQUE' at upper right in bold lettering, with '1000000' repeated at lower left. A vertical red security thread is visible running through the note. |
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| Protection type | Log in to see details |
| Protection description | Vertical red security thread embedded through the centre of the cheque; magnetic ink character recognition (MICR) serial number printed along the bottom edge of the obverse |
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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.