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Iran Hyperinflation Banknotes
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1,000,000 Rials, 2008
Bearer Cashier's Check
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The note is not in my collection. Scans courtesy of Armen Hovsepian.
The Central Bank of Iran has issued high denomination banknotes called "Iran Cheques". These are used like regular banknotes all over the country, they are dispensed
through ATMs, accepted and exchanged at neighboring countries.
Front: Tachar Palace-Perspolis ruins in Shiraz
Back: Calligraphic text; Islamic design of flower
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1,000,000 Rials, 2009
Bearer Cashier's Check
|
The note is not in my collection. Scans courtesy of Armen Hovsepian.
The Central Bank of Iran has issued high denomination banknotes called "Iran Cheques". These are used like regular banknotes all over the country, they are dispensed
through ATMs, accepted and exchanged at neighboring countries.
Front: Tachar Palace-Perspolis ruins in Shiraz
Back: Calligraphic text; Islamic design of flower
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Back to Hyperinflation Banknotes
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With inflation currently running above 27%, Iran's central bank plans to revalue the Islamic Republic's currency by slashing three to four zeros from the currency.
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