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200 Rials

Issuer Bank Markazi Iran
Year 1981
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Composition Cotton paper
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Obverse description The obverse is dominated by a vignette of the Imam Reza Shrine (Shrine of the Eighth Imam) in Mashhad, rendered in fine blue intaglio on the right side, with an elaborate floral and arabesque guilloche underprint in green and blue tones across the field. To the left, a circular vignette carries the traditional Persian lion-and-sun motif. The note bears SPECIMEN perforation cancellations, confirming its trial status, with the denomination دویست ریال inscribed in Persian script in the central field.
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Protection description Watermark area visible at left on obverse; SPECIMEN perforation cancellation applied as trial note security measure.
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Comments

P#127A belongs to a series issued in the immediate aftermath of the Islamic Revolution, when Bank Markazi Iran was methodically overprinting or replacing pre-revolutionary notes carrying imagery of the Shah. This particular series reflects the transitional printing arrangements of that period — the revolutionary government initially had to work with existing plate infrastructure while establishing new design standards aligned with the Islamic Republic's iconography.

The 1981 date places it squarely within the first years of the Iran-Iraq War, when currency demand spiked sharply and notes of this denomination saw heavy use.

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