Catalog
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| Issuer | Central Bank of the Islamic Republic of Iran |
|---|---|
| Year | 1992-1999 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Brass |
| Weight | Log in to see details |
| Diameter | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Arabic |
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse script | Arabic |
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| Additional information |
Issued in the years following the Iran-Iraq War, this small brass coin entered circulation as the rial was losing purchasing power at a rate that made five of them functionally worthless for most transactions. The Central Bank continued issuing the denomination regardless, largely as a matter of institutional inertia — by the mid-1990s, a single U.S. dollar exchanged for several thousand rials on the open market.