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20.000 Rials

Issuer Central Bank of the Islamic Republic of Iran
Year 2022
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Value 20.000 Rials
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Obverse description The obverse is printed predominantly in light blue tones on a guilloche underprint with geometric and floral motifs. A portrait vignette of Ayatollah Ruhollah Khomeini occupies the left-center, rendered in fine intaglio detail, with two signatures and an official seal below. The denomination numeral '2' appears in large format at the lower right as a watermark-echo element, with the bank title in Arabic script across the upper center and the value '20000' inscribed in the upper right corner.
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Reverse description The reverse is rendered in blue and violet tones, centered on an architectural vignette of the Imam Khomeini Mosalla (Grand Prayer Hall) in Tehran, presented in a bold graphic style with strong vertical elements. To the left, a large calligraphic inscription in Persian script is set against a lightly guilloche background, with the issuer's name in English — 'CENTRAL BANK OF THE ISLAMIC REPUBLIC OF IRAN' — printed across the upper left. The denomination is stated at lower center in Roman script as 'TWENTY THOUSAND RIALS', with the numeral '20000' at upper right.
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Comments

The 20,000 Rial denomination sits awkwardly in Iran's modern currency structure — a figure that by 2022 represented roughly fourteen US cents at the free market rate, a direct consequence of decades of inflation compounded by successive rounds of international sanctions. Iran's central bank has repeatedly discussed redenomination, and a 2020 law formally authorized a shift to the "Toman" as the official unit at a 10,000:1 ratio, yet notes like this continued to roll off domestic presses while the transition stalled in implementation.

Printed entirely within Iran, the series relies on domestically produced security features rather than the international specialist printers used by many regional central banks.

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