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5.000.000 Rials

Issuer Bank Melli Iran
Year 2000
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Value 5.000.000 Rials
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Obverse description Horizontal-format cheque printed on pale green paper with a central ornate guilloche rosette underprint. The upper centre bears the emblem of the Islamic Republic of Iran flanked by the bank name in Persian script, with the denomination '5000000' and 'FIVE MILLION RIALS' at the upper right. A vignette of a Simurgh (mythical Persian bird) appears at the right in teal ink, while multiple official branch stamps and endorsement seals in blue ink are applied across the face.
Obverse lettering بانک ملی ایران
پنج میلیون ریال
FIVE MILLION RIALS
5000000
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Comments

Bank Melli Iran's five-million rial note belongs to the post-revolutionary series that quietly acknowledged a problem no official statement ever addressed directly: decades of inflation had so eroded the rial's purchasing power that denominations once considered extraordinary had become routine pocket change. Iran has periodically discussed redenomination — dropping four zeros and returning to the toman as the official unit — but as of this note's issue the debate had not produced legislation, leaving the central bank to simply print higher figures on the same basic format.

The "P#0" reference indicates this note hasn't been formally catalogued in the Pick system, which is not unusual for very high Iranian denominations issued after the major catalogues' data cutoffs.

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