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Iran Hyperinflation Banknotes

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1,000,000 Rials, 2008
Bearer Cashier's Check

1,000,000 rials 2008 front

Front
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1000 rials 2008 back

Back
Enlarge

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

1,000,000 rials 2009 front

Front
Enlarge

1,000,000 rials 2009 back

Back
Enlarge

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

Back to Hyperinflation Banknotes

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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