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50 Rials Oil and Agriculture

Issuer Bank Markazi Jomhouri Islami Iran
Year 1989-1991
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Value 50 Rials (50 IRR)
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Obverse description Central field dominated by a stylized industrial and agricultural composition: at left, a cluster of refinery towers and petrochemical plant structures rendered in relief; at center-right, a tall latticed oil derrick rises prominently behind the large denomination numeral '50' in Eastern Arabic script, with the word 'Rials' inscribed below in Arabic. To the right, a single upright wheat ear symbolizes agricultural productivity. The upper field bears the legend 'Jomhouri Islami Iran' (Islamic Republic of Iran) in Arabic script, arching along the upper rim.
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Obverse lettering جمهوری اسلامی ایران ۵۰ ریال
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Additional information

Issued during the immediate post-war reconstruction period following the Iran-Iraq War ceasefire of 1988, this coin reflects the Islamic Republic's effort to stabilize domestic coinage after nearly a decade of economic disruption, import restrictions, and wartime inflation that had hollowed out everyday purchasing power. The oil derrick and agricultural motifs were a deliberate policy statement — the government was publicly committing to economic diversification away from pure petroleum dependence, a goal that remained largely aspirational.

The KM#1237.1a designation distinguishes it from related varieties in the series, differences rooted in subtle die modifications made across the short production window.

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