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100 Rials - Mohammad Rezā Pahlavī

Issuer Bank Melli Iran
Year 1944
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Size 165 × 95 mm
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Reverse lettering بانک ملی ایران
صد ریال
شیر و خورشید
(Translation: Bank Melli Iran / One Hundred Rials / Lion and Sun)
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Protection description Imperial Crown watermark.
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Comments

The P#43 series was issued under Anglo-Soviet occupation — British and Soviet forces had divided Iran into zones of influence in 1941, deposing Reza Shah and installing his young son precisely because the Allies needed Iranian infrastructure and oil. Bank Melli continued issuing notes in the new shah's name throughout the occupation, and Harrison & Sons in High Wycombe handled the printing, a relationship the bank had maintained since the early 1930s.

The occupation-era notes circulated alongside Allied military scrip, creating genuine confusion in the bazaars. Inflation ran hard through the mid-1940s, and 100 Rials bought considerably less by 1945 than it had at issue.

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