5.000.000 Rials

Bank Melli Iran's five-million rial denomination dates from a period when chronic inflation had compressed the practical value of Iranian currency to the point where this note, nominally substantial by face value, represented roughly the equivalent of a few US dollars in purchasing power. The rial had been losing ground steadily since the early 1980s, and by 2000 the central bank was effectively printing high denominations just to keep pace with everyday transaction sizes.

The Pick number remains unassigned in standard catalogs, which suggests this may be a late-series or transitional issue not yet fully documented at time of cataloging.