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2 000 000 Rials
| Issuer | Central Bank of the Islamic Republic of Iran |
|---|---|
| Year | 2008 |
| Type | Log in to see details |
| Value | 2 000 000 Rials |
| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | The right half of the obverse is occupied by a teal intaglio vignette of the Karoun 3 Dam, set against a guilloche underprint in green and gold tones. A decorative floral rosette medallion is centred to the left, flanked by two signature panels and the denomination inscription in Persian script, with the issuer's title in a banner across the top. The numeral 200 appears in bold blue to the upper right, while the value 2,000,000 is repeated in stylised Persian numerals at the lower corners. |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | CENTRAL BANK OF THE ISLAMIC REPUBLIC OF IRAN IRAN CHEQUE 2000000 TWO MILLION RIALS امضاء خریدار امضاء واگذارنده شهادت دریافت کننده وجه |
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| Comments |
Iran's two-million-rial denomination emerged from the compounding inflation that followed post-revolutionary economic mismanagement, international sanctions, and the long fiscal hangover of the 1980–1988 war with Iraq. By the mid-2000s, the rial had lost so much ground that high-denomination notes were a practical necessity rather than a policy choice — a 2,000,000-rial note was worth roughly $200 USD at official rates at issuance, far less at street exchange.
Pick 154C is a variety within an ongoing series rather than a discrete new issue, differing from earlier states primarily in signature combination. Iran rotated bank governor and finance minister signatures frequently enough that signature varieties within a single design run are among the most reliable dating tools for this series.