1.000.000 Rials

Bank Melli Iran introduced million-rial denominations as a direct consequence of chronic inflation that had steadily eroded purchasing power since the 1979 revolution — by 2000, a million rials was an unremarkable sum for everyday transactions. The note is unassigned in Pick's catalogue (P#0), which typically indicates either a very recent issue not yet catalogued at the time of the standard reference, or a note whose status as a regular emission versus a commemorative or specimen issue remained unresolved.

Cotton substrate with a security thread and watermark places it within Bank Melli's post-revolutionary printing program, though the specific printer for this denomination has not been consistently confirmed in the literature.