ABOUT THE CBA
History
Armenian notes and coins in 1998-2009
In 2001 the jubilee banknote in nominal value of 50000 drams dedicated to the 1700-th Anniversary of Proclamation of Christianity as a State Religion in Armenia was introduced.
The note in nominal value of 10000 was introduced in 2003.
The notes of the first and second series in nominal value of 50 and 100 drams were brought out of circulation.
The last issues of second series of coins in nominal value of 10 drams were put into circulation in 2004.
In 2002-2009 the following notes were put into circulation:
- The notes of 2001 series in nominal value of 1000 drams
- The notes of 2003 and 2009 series in nominal value of 5000 drams
- The notes of 2006 and 2008 series in nominal value of 10000 drams
- The notes of 2007 and 2009 series in nominal value of 20000 drams
The jubilee banknotes of 100000 drams, dedicated to King Abgar V, were put into circulation in 2009. According to Armenian historians, he was the first Armenian king who adopted Christianity and was venerated by Armenian Apostolic Church.
Since 1994, the Central Bank of Armenia issued commemorative coins made of gold, silver and cupro-nikel.