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5 Rials - Rezā Pahlavī
| Issuer | Bank Melli Iran |
|---|---|
| Year | 1938-1942 |
| Type | Standard circulation banknote |
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|---|---|
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| Reverse lettering | پنج ریال ارامگاه دانیال (Translation: Tomb of Daniel in Susa) |
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| Protection description | Imperial Crown watermark. |
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| Comments |
Bank Melli Iran was established in 1927 to replace the British-controlled Imperial Bank of Persia as the country's note-issuing authority — a deliberate assertion of financial independence that took over a decade to fully consolidate. This series, printed by De La Rue in London, reflects a period when Iran was simultaneously modernizing its banking infrastructure and navigating growing pressure from both Britain and the Soviet Union, pressure that would culminate in the Anglo-Soviet invasion of August 1941 and the forced abdication of Reza Shah himself.
The series ran across a politically turbulent window, and notes issued in the final months before abdication carry a Shah's title that was already void by the time many reached circulation.