Banknotes of Iran

The official currency of Iran is the Iranian rial, issued by the Central Bank of the Islamic Republic of Iran since its establishment in 1960. Paper money was first introduced in Iran in the late 19th century, with the first banknotes issued by the Imperial Bank of Persia in 1890. A notable reform occurred in 1932 when the government undertook a major currency change, replacing the qajar rials with the modern rial. Collectors are drawn to Iranian banknotes due to their diverse designs that feature a range of historical figures and architectural landmarks. The series issued after the 1979 Iranian Revolution showcases striking patterns and intricate engravings, often depicting motifs related to Persian art and culture, as well as portraits of influential leaders, which provide insight into the country's political landscape.