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Iran honors Minab school victims with new banknote

Jun. 09, 2026 • 2 min read
Image of Iran honors Minab school victims with new banknote A sample photo of Iran’s new 1,000,000-rial note that is set to enter circulation soon. Photo: IRIB.

“Distribution of the new Iran checks will begin soon,” the state broadcaster said.

ERBIL, Kurdistan Region of Iraq – Iran’s Central Bank on Tuesday unveiled a new banknote featuring the Shajareh Tayyebeh primary school in Minab, where at least 175 people, including students, were killed in an alleged miscalculated US attack during the February war. 

 

On the first day of the US-Israeli war on Iran on February 28, a US strike, allegedly seeking to target an Islamic Revolutionary Guard Corps (IRGC) base near the Shajareh Tayyebeh school in Minab, went awry and hit the school instead.


At least 175 people, mostly children aged between 7 and 12, were killed in the strike on the primary school.

 

Iran’s state broadcaster IRIB on Tuesday unveiled a new 100,000-toman (1,000,000-rial) note, featuring the Shajareh Tayyebeh primary school.

 

Years of sanctions by the US and its allies and severe inflation experienced by the country have sent Iran’s economy in a downward spiral, with the Iranian currency, the rial, having lost a significant portion of its purchasing power in recent years. The new 1,000,000-rial note is equivalent to less than a 1 US dollar

 

“Distribution of the new Iran checks will begin soon,” the state broadcaster said.


Tehran has strongly condemned the US attack on the primary school, alleging that it was intentional, and describing it as a human rights violation.

 

Human Rights Watch (HRW) has called for the Minab incident to be "investigated as a war crime," asserting that "the school’s location within the IRGC Naval Force’s compound did not, in and of itself, make the school a legitimate target."

 

In late March, Iranian Foreign Minister Abbas Araghchi insisted before the UN Human Rights Council that the airstrike on the school was a deliberate act rather than a “miscalculation,” demanding that the US be held accountable.

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