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10 Tomans / 100 000 Rials
| Issuer | Central Bank of the Islamic Republic of Iran |
|---|---|
| Year | 2021-2023 |
| Type | Log in to see details |
| Value | 100 000 Rials (100 000) |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Intaglio portrait of Ayatollah Ruhollah Khomeini at left-center, rendered in fine line engraving against a geometric guilloche underprint with a floral rosette to his left. The denomination numeral '10' appears in large format at lower left and lower right in contrasting red and dark ink, with the bank title in Persian script across the upper portion and the value 'یکصد هزار ریال' at upper right accompanied by a numeral panel reading '100000'. |
|---|---|
| Obverse lettering | Log in to see details |
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| Protection type | Watermark, Security thread |
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| Comments |
Iran's redenomination law, passed in 2020, formally replaced the rial with the toman at a rate of 10,000 to 1 — a move that had been colloquially anticipated for decades, since Iranians had never stopped quoting everyday prices in tomans regardless of what the banknotes said. This note, bridging the transition, carries both designations simultaneously: 10 Tomans in the new unit and 100,000 Rials in the old, a deliberate overlap built into the series to ease public confusion during the changeover period.
The redenomination was partly an admission that cumulative inflation since the 1979 revolution had rendered the rial's face values functionally absurd at the retail level.