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1.000.000 Rials

Issuer Bank Melli Iran
Year 2000
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Shape Rectangular
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Obverse lettering یک میلیون ریال
1000000
بانک ملی ایران
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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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.

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