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1 000 000 Rials
| Issuer | Central Bank of the Islamic Republic of Iran |
|---|---|
| Year | 2010 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Size | 160 × 75 mm |
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| Obverse description | The obverse is rendered in blue and white with a large arabesque guilloche vignette at centre-left, over which the denomination يک ميليون ريال appears in red Nastaliq script. An intaglio vignette of the Tachara Palace at Persepolis occupies the right portion, with a frieze of tribute-bearers worked in fine detail at its base. The issuer name بانک مرکزی جمهوری اسلامی ايران is set in bold Farsi script within a dark blue guilloche band across the top, with the numeral 1000000 at lower right. |
|---|---|
| Obverse lettering | Log in to see details |
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| Signature(s) | Mahmoud Bahmani |
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| Comments |
The million-rial denomination was introduced as Iran's inflation-driven economy made lower-value notes increasingly impractical for everyday transactions. By 2010, the rial had lost so much purchasing power that a single note of this face value was worth roughly $100 USD at official rates — and considerably less on the parallel market.
The "Printed: 30.04.1945" field in the source data is almost certainly erroneous — the Central Bank of the Islamic Republic of Iran did not exist until 1960, and the Islamic Republic itself dates from 1979.