Catalog
500 000 Rials
| Issuer | Central Bank of the Islamic Republic of Iran |
|---|---|
| Year | 2008-2014 |
| Type | Log in to see details |
| Value | 500 000 Rials |
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| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | The reverse is dominated by a large multicoloured guilloche rosette at centre-right, with an elaborate calligraphic panel in Persian script occupying the left half, set against a pale pink and blue underprint. The upper left carries the English inscription 'CENTRAL BANK OF THE ISLAMIC REPUBLIC OF IRAN' and 'IRAN CHEQUE' in bold letterpress, with a Persian text clause below stating the cheque's validity period. The denomination '500000' appears in the upper right corner, with 'FIVE HUNDRED THOUSAND RIALS' in English along the lower right, flanked by ornamental arabesques. |
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| Protection type | Watermark, Security thread |
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| Comments |
The 500,000 Rial note was introduced in 2008 largely as a practical response to cumulative inflation that had been eroding purchasing power since the 1979 revolution — by the time this denomination appeared, a 1,000 Rial note had become nearly worthless in daily transactions. It was the highest denomination Iran had issued to that point, which itself signals the scale of the problem.
International sanctions intensified considerably during this note's production window, particularly after 2012, complicating Iran's access to specialist security paper and printing inputs typically sourced from European suppliers.