What Is Pahlavi Money?
Pahlavi money refers to the currency of Iran during the Pahlavi dynasty, which ruled from 1925 to 1979. The official monetary unit was the Iranian rial, with the toman used informally as a superunit. Coins and banknotes issued under the last Shah, Mohammad Reza Pahlavi, are commonly collected as historical artifacts.
Key Denominations and Designs
Pahlavi-era banknotes featured portraits of Reza Shah and Mohammad Reza Shah, along with national symbols such as the Lion and Sun. Common denominations included 1, 5, 10, 20, 50, 100, and 500 rials, later updated with higher values. Coins were minted in denominations of 1, 2, 5, 10, 20, 50, and 100 dinars, and 1, 2, 5, and 10 rials. Designs often reflected Persian architecture, oil industry imagery, and the imperial coat of arms.
Collecting and Historical Context
Collectors value Pahlavi money for its historical significance and distinct artistry. Banknotes from the late 1960s and 1970s are widely traded in numismatic markets. Condition, serial numbers, and rare varieties affect market value. For current exchange rates and historical data, the Central Bank of Iran provides official references.
