In 2005 the central bank published a new 2000 Rials banknote that would replace the previous series. The banknote is in the same style as the 20000 Rials but with a more realistic portrait of the Ayatollah. Like the preceding bank note, the Holy mosque of Mecca is shown on the reverse. This is considered as the first banknote published after the 2005 presidential election in which Mr. Ahmadinejad was elected. The banknote is signed by his minister of Wealth & economic affairs, Mr. Danesh Jafari and Mr. Sheibani as the general director of the Central bank.
By March 2004, the Central bank of the Islamic republic of Iran released the newly published 20000 Rials banknotes. These notes are unique either for its denomination or its design. The note has a dark blue color and like previous issues of other denominations, it has the portrait of Ayatollah Khomeini on obverse side. In the first issues, the portrait seemed non-realistic and didn't resemble photos of Ayatollah. But a year later, in march 2005, the Central Bank of Iran released a new version of the note with a significant change in the portrait of Ayatollah due to some complains by the Islamic hard-liners who received it as an insult to the founder of the Islamic republic.
On the reverse side is the southern scene of the Naghsh-e Jahaan Sq. in Isfahan in which the two famous buildings of this complex, the Aali Ghaapoo palace and the Shah's mosque (Now called Imam Khomeini) are shown.
The water mark of this bank note is a new profile of Ayatollah Khomeini that resembles the main portrait of the note. First issues are singed by Mr. Mazaaheri and Mr. Sheibani as the minister of wealth and the head of the central bank, respectively. This banknote worth around $2.5 at the time of publishing.
In March 2007, the Central bank of the Islamic republic of Iran released the 50000 Rials banknotes for the first time. These notes are unique either for its denomination or its design. The note has a yellow and purple color and like previous issues of other denominations, it has the portrait of Ayatollah Khomeini on obverse side. The portrait is similar to the 5000 and 10000 banknotes published in early 1990s. Reverse of the bank note is the map of Iran, the symbol of nuclear power and a quotation by the prophet Mohammad that says: "Even the science was available in Pleiades, some people from Persia would reach to it". First issues are singed by Mr. Danesh Jafari and Mr. Sheibani as the minister of wealth and the head of the central bank, respectively. This banknote worth around $5.5 at the time of publishing.
The 100000 Rials banknote is said to be published in 2008 and perhaps the ancient citadel of Bam which destroyed in an earthquake in December 2003 will be drawn as the reverse image of the note.
IRAN collection © 2002 - 2007