On 6 March 2021, the Central Bank of Iran began issuing a new 50,000-rial banknote with higher security features.
This third version of the 50,000-rial note includes images of Hafezieh, the tomb of Hafez, the renowned 14th-century Persian poet in Shiraz, on its reverse side. It is made of 100% cotton.
Security features in this banknote include a windowed holographic security thread, a latent security thread, a see-through register, watermark and electrotype, 3D linear design, and intaglio (tactile) printing for the visually impaired.
Sources:
Central Bank of the Islamic Republic of Iran
Financial Tribune
MRI Banker’s Guide to Foreign Currency
Banknotenews.com (images)
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