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50 Tomans / 500 000 Rials
| Issuer | Central Bank of the Islamic Republic of Iran |
|---|---|
| Year | 2018-2022 |
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| Value | Log in to see details |
| Currency | Toman (2019-date) |
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| Obverse description | Issued in shades of brown-red on a light underprint, the obverse is dominated by a vignette of the gilded dome and minaret of the Imam Reza shrine in Mashhad, rendered in fine intaglio detail and occupying the right half of the note. To the left, a guilloche underprint carries silhouetted figures of pilgrims in procession, above which flying doves are interspersed throughout the design. A vertical embedded security strip runs through the centre, and the denomination numeral '50' appears in large red figures at lower centre-left. |
|---|---|
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| Reverse lettering | (Translation: 500000 Five hundred thousand rials Central bank of the Islamic Republic of Iran Iran Cheque) |
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| Comments |
The 500,000 Rial denomination — revalued and marketed domestically as 50 Tomans — emerged from a prolonged currency crisis in which the rial had shed so much purchasing power that ordinary transactions required notes counted in the hundreds of thousands. Iran's parliament formally approved the toman as the official unit of account in 2020, with one toman equaling ten rials, a redenomination that effectively acknowledged the gap between the currency's nominal face value and the daily arithmetic Iranians had been doing in their heads for decades.
The dual labeling on this note — both denominations printed together — was a transitional measure during the legal changeover period and is specific to this series.