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100 Rials Islamic Republic

Issuer Central Bank of the Islamic Republic of Iran
Year 1985-2006
Type Standard circulation banknote
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Obverse description Intaglio portrait of Ayatollah Sayyid Hassan Modarres, the Iranian Shia cleric and parliamentarian, occupies the right side of the note, rendered in purple against a multicolour guilloche underprint. To the left, a vignette of a pointed arch mihrab with geometric tilework decoration is set within a fine-line rosette medallion at centre. Ornate arabesque borders frame the left and right edges, with the denomination numeral '100' in Eastern Arabic script at upper right and lower left.
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Signature(s) Dr. Mohsen Noorbakhsh & Dr. Hossein Namazi watermark:
Dr. Mohsen Noorbakhsh & Mohammad Djavad Iravani
Majid Ghassemi & Mohammad Djavad Iravani
Mohammad Hossein Adeli & Dr. Mohsen Noorbakhsh
Mohammad Hossein Adeli & Mohammad Khan
Dr. Mohsen Noorbakhsh & Dr. Hossein Namazi watermark: Khomeini small serial#
Dr. Mohsen Noorbakhsh & Dr. Hossein Namazi watermark: Khomeini large serial#
Dr. Ebrahim Sheibani & Safdar Hosseini watermark: Khomeini
Dr. Ebrahim Sheibani & Safdar Hosseini watermark:
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Comments

The 100 Rial note is effectively the lowest practical denomination in the Islamic Republic's post-revolutionary currency structure, and by the 1990s rampant inflation had reduced its purchasing power to near nothing — it remained in production largely for institutional completeness rather than genuine utility. Thomas De La Rue printed the series throughout its run, a relationship that survived the 1979 revolution and subsequent U.S.-led sanctions pressure with surprisingly little interruption.

The watermark transition mid-series — from the earlier design to the Khomeini portrait watermark — tracks directly to a broader security upgrade implemented across multiple denominations in the late 1990s. The serial number size variant within the Khomeini watermark issues (Pick 140h versus 140i) is a minor but catalogued distinction that catches out incomplete collections.

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