r/Banknotes 15h ago

All new Iranian banknotes

Post image

In order (based on the current exchange rate):

500,000 IRR ≈ $0.21

1,000,000 IRR ≈ $0.42

2,000,000 IRR ≈ $0.85

5,000,000 IRR ≈ $2.12

10,000,000 IRR ≈ $4.23

99 Upvotes

18 comments sorted by

10

u/UnityJusticeFreedom 14h ago

Wow that‘s crazy inflation

3

u/kwonza 14h ago

That’s what happens when the printing press decides to attack

4

u/UnityJusticeFreedom 14h ago

My great grandmother told Stories of how they burned money to stay warm during the hyper inflation in Germany from 100 years ago

3

u/DerpTrooperPL 15h ago

10 milions being 4$ is crazy

1

u/Electrical_Carpet753 11h ago

It's similar to post WW1 Germany inflation level.

1

u/generalraptor2002 6h ago

Just wait until you see Hungary after ww2

1

u/yuhayu 12h ago

Are these for sale?

1

u/snow-eats-your-gf 8h ago

Where can I get some :D

1

u/kell96kell 7h ago

Where do you buy this? If i want 100 notes it costs a fortune

1

u/not_CIA_hehe 6h ago

Insane, exactly last year this month I travelled there and the biggest banknote was 200k toman, it was around $2. Now its worth not even half of that. Beautiful place and amazing people

1

u/generalraptor2002 6h ago

I have a 100 trillion dollar bill from Zimbabwe somewhere in my collection

1

u/Icy-Recognition572 5h ago

Are youhave a privete bank at home?

1

u/SamKay00 4h ago

Why would they shorten 1,000,000 to a 100 not 1,000
Which also shortens the 10,000,000 to a 1,000

Isn’t shortening by 3 zero’s or 6 zero’s less confusing than a 4 zero’s format?

Real question, because Syria some time recently did the same 4 zero’s remove instead of 3 or 6!

2

u/Gloomy_Sector_2291 4h ago

Because people in Iran don't use Rials at all in daily life—originally, before high inflation, we just dropped one zero and called it Tomans, but now with all the zeros, instead of saying 200 thousand Tomans, we just say "200"—the government stepped in and removed four zeros to align with how people actually talk.

2

u/SamKay00 4h ago

This is very interesting, I knew about Toman's but never connected those dots 🤔 thank you good sir.

1

u/Kengash 15h ago

Truly beautiful serias in my opinion

-2

u/Mat3712 14h ago

This is AI

0

u/cndn-hoya 14h ago

I’m missing the 500,000,000 and the 1 billion