The two-million rial denomination was introduced as Iran's currency suffered the long-term inflationary effects of post-revolutionary economic isolation, the Iran-Iraq War's fiscal damage, and sustained US-led sanctions. By 2000, what had once been a substantial sum in rial terms had eroded to a fraction of its former purchasing power, and high-denomination notes became a practical necessity rather than a prestige issue.
Pick number is unassigned in standard catalogs, which suggests this piece may be a specimen, an essay, or a note that has not yet been formally catalogued — worth verifying provenance before attribution.
The two-million rial denomination was introduced as Iran's currency suffered the long-term inflationary effects of post-revolutionary economic isolation, the Iran-Iraq War's fiscal damage, and sustained US-led sanctions. By 2000, what had once been a substantial sum in rial terms had eroded to a fraction of its former purchasing power, and high-denomination notes became a practical necessity rather than a prestige issue.
Pick number is unassigned in standard catalogs, which suggests this piece may be a specimen, an essay, or a note that has not yet been formally catalogued — worth verifying provenance before attribution.