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25th anniversary of Armenia’s currency (Dram)

Summary:
Anniversaries related to money and banking keep coming in 2018. I had blogged about China celebrating 70 years of its currency and central bank. Just came across Armenia also celebrating 25 years of its currency- Dram. The central bank has issued commemorative coin on the occasion. The national currency of the Republic of Armenia, Dram, is one of the symbols of the independent statehood.  Dram was introduced on November 22, 1993. Since that time the Central Bank of Armenia has been issued the banknotes and later on the circulation and commemorative coins, as well investment coins which are of great interest among collectors.  Starting from 1994 the Central Bank of Armenia has been issuing more than 400 gold and silver collector coins dedicated to commemorate birth anniversaries of

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Anniversaries related to money and banking keep coming in 2018. I had blogged about China celebrating 70 years of its currency and central bank.

Just came across Armenia also celebrating 25 years of its currency- Dram. The central bank has issued commemorative coin on the occasion.

The national currency of the Republic of Armenia, Dram, is one of the symbols of the independent statehood.

 Dram was introduced on November 22, 1993. Since that time the Central Bank of Armenia has been issued the banknotes and later on the circulation and commemorative coins, as well investment coins which are of great interest among collectors.  Starting from 1994 the Central Bank of Armenia has been issuing more than 400 gold and silver collector coins dedicated to commemorate birth anniversaries of prominent people of Armenia, as well as historical episodes and landmark events taking place nowadays

The new series of Armenian banknotes produced with the use of the best achievements of the modern security printing technologies has been dedicated to the 25th anniversary of introduction of the national currency.  Regular and consentient work to improve the quality of banknotes and coins of Armenia has been repeatedly praised at prestigious international contests.

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Amol Agrawal
I am currently pursuing my PhD in economics. I have work-ex of nearly 10 years with most of those years spent figuring economic research in Mumbai’s financial sector.

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