The Central Bank of Armenia has circulated the remaining three denominations from its latest third series of banknotes, the 1,000, 2,000 and 5,000 dram, all printed on Hybrid™ substrate.
The third series of Armenian banknotes consists of six denominations, namely the 1,000, 2,000, 5,000, 10,000, 20,000 and 50,000-dram, and commemorates the 25th anniversary of the national currency.
The lower three denominations, seen here, began circulating on 25 December 2018, following the top three denominations which began circulating on 22 November 2018.
All denominations are printed on Louisenthal’s Hybrid™ substrate featuring a cotton core and polymer outer layers to increase durability and in support of the central bank’s clean note policy.
As per the top three denominations, key security features included in the design of the lower notes include an optically variable windowed security thread – thought to be Louisenthal’s Galaxy® – and a matching optically variable ink feature, both seen on the front of each banknote.
The designs feature well known citizens and monuments, with the 1,000 displaying a portrait of Paruyr Sevak, the 2,000 shows a portrait of Tigran Petrosian, and the 5,000 includes a portrait of William Saroyan.
The series has been designed by Giesecke & Devrient (G&D) and Louisenthal in collaboration with the Central Bank of Armenia.
Speaking of the new banknote series, the Governor of the Central Bank of Armenia, Arthur Javadyan, said,
“Both the new series III and the 500 dram collector’s note were issued in commemoration of the 25th anniversary of the Armenian currency. National currency is part of a nation’s identity. Motifs on banknotes represent a people’s finest and proudest moments. These banknotes have been designed to represent famous Armenian personalities: clerics, musicians and writers. We are very proud of the design, technical sophistication, and highly complex security elements, making the new Armenian series one of the most modern and technologically advanced in the world.“
Images courtesy of the Central Bank of Armenia.
Read more at the Central Bank of Armenia website.
Read the G&D press release.