Iran 10 Million Rials 2026 Banknote
The highest denomination ever issued by the Central Bank of Iran — Complete collector's guide to design, security features, and authentication
Overview
The Iran 10 Million Rials banknote (10,000,000 IRR), equivalent to 1000 Tomans, was issued on 3 March 2026 by the Central Bank of the Islamic Republic of Iran. As the highest denomination ever printed in Iranian currency history, this banknote represents a significant milestone for collectors of Middle Eastern paper money. Featuring advanced anti-counterfeiting technology and stunning architectural designs, the 10 million rials note is already becoming one of the most sought-after modern Iranian banknotes.
Measuring 156 × 71 mm, this note is printed by Security Paper Mill (TAKAB) in Āmol, Iran, using cutting-edge security features including a motion color-shift thread, optically variable ink (OVMI), UV-reactive elements, and a transparent window.
Banknote Images
Obverse: Jameh Mosque, Yazd — ده میلیون ریال — 10,000,000 Rials
Reverse: Arg-e Bam Fortress, Bam — Ten Million Rials — 1000 Tomans
Design Features
Obverse Design
Jameh Mosque, Yazd — A masterpiece of Persian architecture featuring the tallest minarets in Iran, dating back to the 12th century.
Reverse Design
Arg-e Bam Fortress — The largest adobe building in the world, a UNESCO World Heritage site located in Bam, Kerman province.
Watermark
Part of Arg-e-Bam Fortress with Electrotype — A three-dimensional image visible when held to light.
Obverse Lettering (Persian Script)
ده میلیون ریال — 1000 0000 — بانک مرکزی جمهوری اسلامی ایران — ایران چک — مدیر کل — 1000
Reverse Lettering (Latin Script)
CENTRAL BANK OF THE ISLAMIC REPUBLIC OF IRAN — IRAN CHEQUE — 10000000 — TEN MILLION RIALS — 1000
Advanced Security Features
The 10 Million Rials banknote incorporates state-of-the-art security elements that make it one of the most technically advanced Iranian banknotes ever produced.
Windowed Security Thread
Motion color shift thread with microtext and CBI's sign — Changes color when tilted, embedded with microprinted text.
OVMI (Optically Variable Ink)
Gold to green color shift — The denomination numeral changes from gold to green when viewing angle is changed.
Iridescent Stripe
A rainbow-colored stripe that displays different hues when viewed from various angles — highly difficult to counterfeit.
Offset See-through Register
Perfectly aligned front-to-back design elements that form a complete image when held up to light.
UV Features
Security fibers and patterns that glow under ultraviolet light — visible only with UV lamp verification.
Intaglio Printing
Raised ink on portraits and numerals — Tactile feature that can be felt with fingertips.
Security Features Gallery
UV Light Verification (Obverse) — Fluorescent security elements glow brightly
UV Light Verification (Reverse) — UV-reactive fibers and patterns visible
Motion Color Shift Thread
OVMI — Gold to Green
Iridescent Stripe
See-through Register
Technical Specifications
| Feature | Specification |
|---|---|
| Value | 10,000,000 Rials (1000 Tomans) |
| Issuer | Central Bank of the Islamic Republic of Iran |
| Year of Issue | 2026 (3 March 2026) |
| Composition | Paper (High-security cotton-based substrate) |
| Size | 156 × 71 mm |
| Shape | Rectangular |
| Printer | Security Paper Mill (TAKAB), Āmol, Iran |
| Series | Transitional series |
| Catalog Reference | TBB#305, Pick# W169 |
How to Authenticate Your 10 Million Rials Banknote
When collecting high-value Iranian banknotes, proper authentication is essential. Follow these verification steps:
- ✅ Watermark Test: Hold the note to light — the Arg-e-Bam Fortress watermark with electrotype should be clearly visible and three-dimensional.
- ✅ Security Thread: The windowed motion color shift thread should appear as a solid line with microtext reading "CBI" when backlit.
- ✅ OVMI Check: Tilt the note — the denomination numeral should shift from gold to green.
- ✅ Intaglio Touch: Run your finger over the portrait and large numerals — genuine raised ink should be felt.
- ✅ UV Light Test: Under ultraviolet light, security fibers and patterns should glow in vibrant colors.
- ✅ See-through Register: Hold to light and check that front and back design elements align perfectly.
- ✅ Iridescent Stripe: Tilt the note to see the rainbow-colored stripe shift hues.
- Watermark only visible under UV (genuine appears in natural light)
- Security thread printed on surface rather than embedded
- No color shift on denomination numeral
- Flat, non-tactile printing (no raised ink)
- Dull or mismatched colors
- Blurry design elements or misaligned printing
Iranian High-Denomination Banknotes Comparison
| Denomination | Toman | Year | Pick # | Key Design |
|---|---|---|---|---|
| 500,000 Rials | 50 Toman | 2025 | W164A | Imam Reza Mosque, Mount Damavand |
| 1,000,000 Rials | 100 Toman | 2021 | W165 | Tachara Palace Persepolis |
| 1,000,000 Rials | 100 Toman | 2022 | W166 | Fatima Masumeh Shrine |
| 2,000,000 Rials | 200 Toman | 2025 | W167 | Naqsh-e Jahan Square |
| 5,000,000 Rials | 500 Toman | 2026 | W168 | Agha Borzog Mosque |
| 10,000,000 Rials | 1000 Toman | 2026 | W169 | Jameh Mosque Yazd, Arg-e Bam |
Collecting Tips for Iranian High-Denomination Notes
- Prioritize UNC Condition: Uncirculated notes command significantly higher values and preserve better long-term.
- Verify Pick Numbers: Cross-reference with the Standard Catalog of World Paper Money (TBB#305).
- Use Archival Storage: Store notes in acid-free Mylar sleeves or currency holders to prevent yellowing and deterioration.
- Handle with Care: Use cotton gloves when handling high-value notes to prevent oil transfer and staining.
- Invest in Verification Tools: A UV lamp (365nm) and 10x magnifier are essential for authentication.
- Consider Complete Sets: The 2021-2026 high-denomination series (500K to 10M Rials) offers comprehensive historical coverage.
- Buy from Verified Dealers: Always purchase Iranian banknotes from reputable sources with authenticity guarantees.
Frequently Asked Questions
❓ Is the 10 Million Rials banknote legal tender?
Yes, it is a standard circulation banknote issued by the Central Bank of Iran and holds legal tender status.
❓ What is the difference between Rials and Tomans?
1 Toman equals 10,000 Rials. The 10 Million Rials banknote is therefore equivalent to 1000 Tomans.
❓ Where can I buy authentic 10 Million Rials banknotes?
You can purchase them from Collectible Money's verified inventory — each note comes with an authenticity guarantee and detailed condition report.
❓ How can I verify the security features at home?
Use a UV lamp (365nm) to check for fluorescent elements, a magnifying glass to examine microtext, and tilt the note to see the OVMI color shift.
❓ What makes the 10 Million Rials note valuable for collectors?
As the highest denomination ever issued in Iran, combined with its advanced security features and limited initial print run, it is already becoming a sought-after collectible.
Start Your Iranian High-Denomination Collection Today
Browse our verified inventory of authentic Iranian banknotes — from the 500,000 Rials to the new 10 Million Rials 2026 issue. Every note includes an authenticity guarantee and detailed condition report.
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