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200.000 Rials

Issuer Agricultural Bank of Iran (Bank Keshavarzi)
Year 2000
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Shape Rectangular
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Obverse description The obverse is printed in muted pink and green tones, centred by a vignette of a multi-storey institutional building rendered in fine line engraving, identified by the handwritten inscription 'مدیر عامل' (Managing Director) above it. Persian calligraphic text in the upper portion reads 'چک طلایی' (Golden Cheque) and 'بانک کشاورزی' (Agricultural Bank), flanked by decorative floral corner ornaments in teal. The serial number appears twice in the upper right and lower left margins, and a rectangular branch stamp in blue ink has been applied to the right field.
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Protection description Watermark visible in the paper; serial number printed twice on the obverse in upper-right and lower-left margins.
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Comments

Bank Keshavarzi — the Agricultural Bank of Iran — is a state-owned specialist bank focused on rural credit and agricultural financing, not a central bank. It is unusual for such an institution to issue circulating paper currency; this almost certainly functioned as a bearer instrument, a deposit certificate, or an internal transfer document rather than general-circulation banknote. The Pick catalog reference "P#0" confirms it has not been formally catalogued, which itself tells you something about its rarity or ambiguous classification.

200,000 Rials places this squarely in the high-inflation era of post-revolutionary Iran, when denominations climbed steadily through the 1990s. The use of a watermark and serial numbering on what may be a quasi-banking document is worth noting — modest security by commercial printing standards of 2000.

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