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500 Rials
| Issuer | Central Bank of Iran |
|---|---|
| Year | 2007 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Log in to see details |
| Composition | Log in to see details |
| Weight | Log in to see details |
| Diameter | Log in to see details |
| Thickness | 1.75 mm |
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| Technique | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse script | Log in to see details |
| Obverse lettering | جمهوری اسلامی ایران ۵۰۰ ریال ۱۳۸۶ (Translation: Islamic Republic of Iran 500 Rials 1386) |
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| Reverse lettering | Log in to see details |
| Edge | Reeded |
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| Additional information |
This denomination was introduced as part of Iran's gradual effort to manage the rial's collapse in purchasing power — by 2007, 500 rials bought almost nothing, and the coin existed more as a rounding mechanism than a functional unit of exchange. Chronic inflation driven by sanctions pressure and oil-revenue dependence had rendered the entire lower coinage largely ceremonial in daily transactions.
KM#1283 is a later-series piece in a denomination that Iranians routinely referred to in toman equivalents — 50 toman — since the informal toman unit (equal to ten rials) had long superseded official rial denominations in spoken commerce.