Banknote Blog

Numismatic Reference · Iran · August 2026 Iran Is Removing Four Zeros from the Rial: A Collector’s Guide to the Redenomination Every rial banknote in circulation today belongs to a series with a published end date. When a country deletes zeros, the notes that carried them become artifacts of a closed chapter — it happened with Hungary’s pengő, Venezuela’s bolívar, and Zimbabwe’s dollar, and it is happening now in slow motion in Iran. Quick ans …

Collector's Reference · May 19, 2026 · 9 min read The 2026 Iranian 10 Million Rial Cheque Explained: A Collector's Reference A new high-denomination cheque from the Central Bank of Iran — what it is, why it exists, and how it fits into the modern Iranian Rial hierarchy. Quick Answer The 2026 Iranian 10 Million Rial Cheque (Iran-Cheque) is a high-denomination bearer instrument issued by Bank Melli Iran on behalf of the Central Bank of Iran. It is the highest-denomination ca …