2000 Rials Central Bank

The 2000 Rials denomination was introduced as part of Iran's broader effort to issue higher-value circulating coinage after decades of inflation had rendered smaller denominations effectively worthless in daily transactions. By 2010, the rial had lost so much purchasing power since the 1979 revolution that even this coin represented a fraction of what earlier low-denomination pieces had been worth in real terms.

KM#1276 commemorates the founding of the Central Bank of Iran, established in 1960 under Mohammad Reza Shah as Bank Markazi Iran — an institution that survived the revolution intact, if renamed.