- Armenian dram
Armenian dram Հայկական Դրամ (Armenian) A 500-dram note that is no longer legal tender. ISO 4217 code AMD User(s) Armenia,
Inflation 4.5% (Armenia only) Source The World Factbook, 2007 est. Subunit 1/100 luma (լումա)(not used) Symbol Coins 10 (tas), 20 (ksan), 50 (hisun), 100 (haryur), 200 (yerkuharyur), 500 (hingharyur) dram Banknotes 1000 (hazar), 5000 (hing hazar), 10 000 (tas hazar), 20 000 (ksan hazar), 50 000 (hisun hazar), 100 000 (haryur hazar) dram Central bank Central Bank of Armenia Website www.cba.am
The dram (Armenian: Դրամ; sign: ; code: AMD) is the monetary unit of Armenia and the Nagorno-Karabakh Republic. It is subdivided into 100 luma (Armenian: լումա). The word "dram" translates into English as "money" and is cognate with the Greek drachma. The Central Bank of Armenia has the exclusive right of issuing the national currency according to Armenian law.
The first instance of a dram currency in Armenia was in the period from 1199 to 1375, when silver coins called dram were issued.
On 21 September 1991 a national referendum proclaimed Armenia as an independent republic from the Soviet Union. The Central Bank of Armenia was adopted on 27 March 1993, under the governorship of Isahak Isahakyan. However the old Soviet banknotes were legal tender until November 1993. The modern dram came into effect on 22 November 1993, at a rate of 200 rubles = 1 dram (1 USD : 377 AMD). The dram is not pegged to any other currency.
In 1994, coins were introduced by the Central Bank of Armenia in denominations of 10, 20 and 50 luma, 1, 3, 5 and 10 dram. All were struck in aluminium. In 2003 and 2004, a new coinage  consisting of 10, 20, 50, 100, 200 and 500 dram coins was introduced. The 10 dram is struck in aluminium, the 20 dram in copper-plated steel, the 50 dram in brass-plated steel, 100 dram in nickel-plated steel and 200 dram in brass. The 500 dram coin is bimetallic with a brass outer ring and cupronickel centre.
In 1993, banknotes of 10, 25, 50, 100, 200 and 500 dram were issued. Notes for 1000 and 5000 dram were put into circulation on October 24, 1994 and September 1995, respectively. In 1999, a 20,000 dram note was issued, whilst a commemorative 50,000 dram note was issued in 2001 to observe the 1700th anniversary of the adoption of Christianity in Armenia. 10,000 dram notes were introduced in 2003.
- 1000 dram
- 5000 dram
- 10,000 dram
- 20,000 dram
- 50,000 dram
- 100,000 dram
In addition, the following banknotes are no longer legal tender (since April 1, 2004) but may be exchanged at banks: 10, 25, 50 and 100 drams. The 1993 500-dram banknote has also ceased to be legal tender since September 1, 2005, but there is a 1999 500-dram banknote that is still in circulation. 
Banknotes of 1993-1995 series (out of circulation)
The banknotes issued in 1993-1995 were put out of circulation after 2005.
Obverse Reverse Value Main colour Obverse description Reverse description 10 Dram Brown/Purple Yerevan Central Train Station and David of Sasun statue Mount Ararat 25 Dram Yellow/Brown/Blue Urartian cuneiform tablet and a lion relief from Erebuni fortress Ornaments 50 Dram Blue/Red National Gallery and History Museum of Armenia Armenian parliament building 100 Dram Blue/Purple/Red Mount Ararat and Zvartnots Cathedral Armenian Opera Theater 200 Dram Brown/Green/Yellow/Red St. Hripsime Church in Echmiadzin Ornaments 500 Dram Green/Brown/Blue Mount Ararat and a Tigran the Great tetradrachm Ornaments 1000 Dram Brown/Orange Mesrop Mashtots statue and Matenadaran 7th century obelisk monument from Ani 5000 Dram Green/Yellow/Purple Garni temple Bronze head of goddess Anahit kept in the British Museum
Banknotes of 1998 series
The banknotes of 50, 100 and 500 dram are currently put out of circulation and replaced by coins with respective values. The banknote of 50,000 dram was issued in 2001 in commemoration of 1700 years of Christianity in Armenia.
Obverse Reverse Value Main colour Obverse description Reverse description 50 Dram Pink/Blue/Grey Aram Khachaturian A scene from ballet Gayane composed by A. Khachaturian, and Mount Ararat 100 Dram Blue/Grey Viktor Amazaspovich Ambartsumian Byurakan Observatory 500 Dram Grey Alexander Tamanyan Government House in Yerevan designed by Al. Tamanyan 1000 Dram Green/Pink Yeghishe Charents An image of old Yerevan 5000 Dram Yellow/Green Hovhannes Tumanyan Nature of Lori from Martiros Saryan's paintings 10,000 Dram Purple Avetik Isahakyan An image of old Gyumri 20,000 Dram Yellow/Red/Brown Martiros Saryan Episode from Martiros Saryan's Armenia landscape 50,000 Dram Brown/Red Etchmiadzin Cathedral St. Gregory the Illuminator and king Tiridates the Great lift up the Armenian Church[disambiguation needed ]; on the right - a khachkar from Kecharis Monastery. 100,000 dram Blue/Brown Abgar V of Edessa In the center St. Thaddeus transfers the painting of Jesus Christ (painted alive) to Abgar V of Edessa. 
Currency in circulation has shown steady growth since first issue in 1993.
Year Currency in circulation (billions of dram) 1993 1.2 1994 11.1 1995 25.7 1996 37.1 1997 42.2 1998 45.3 1999 45.5 2000 61.9 2001 66.7 2002 92.1 2003 96.8 Current AMD exchange rates From Google Finance: AUD CAD CHF EUR GBP HKD JPY USD RUB From Yahoo! Finance: AUD CAD CHF EUR GBP HKD JPY USD RUB From OzForex: AUD CAD CHF EUR GBP HKD JPY USD RUB From XE.com: AUD CAD CHF EUR GBP HKD JPY USD RUB From OANDA.com: AUD CAD CHF EUR GBP HKD JPY USD RUB
Note: Rates obtained from these websites may be slightly different from the rates the Central Bank of Armenia publishes
- Armenian dram sign
- Economy of Armenia
- Krause, Chester L. and Clifford Mishler (1991). Standard Catalog of World Coins: 1801–1991 (18th ed. ed.). Krause Publications. ISBN 0873411501.
- Pick, Albert (1994). Standard Catalog of World Paper Money: General Issues. Colin R. Bruce II and Neil Shafer (editors) (7th ed.). Krause Publications. ISBN 0-87341-207-9.
- Armemian Dram Sign History, shape, and promotion of Armenian Dram Sign
- Coin Types from Armenia Lists, pictures, and values of Armenian coin types
- Exchange rates against Armenian Dram and detailed history
- LIVE Detailed Armenian Dram Exchange Rates: AMD
Currencies of Asia Central East North South Southeast WestAbkhazian apsar (unrecognized) · Afghan afghani · Armenian dram (Nagorno-Karabakh) · Azerbaijani manat · Bahraini dinar · Egyptian pound (Gaza Strip) · Euro (Cyprus) · Georgian lari · Iranian rial · Iraqi dinar · Israeli new shekel (Palestinian territories) · Jordanian dinar (West Bank) · Kuwaiti dinar · Lebanese pound · Nagorno-Karabakh dram (unrecognized) · Omani rial · Russian ruble (Abkhazia, South Ossetia) · Qatari riyal · Saudi riyal · Syrian pound · Turkish lira (Northern Cyprus) · UAE dirham · Yemeni rial Currencies of post-Soviet states in circulationAbkhazian apsar (unrecognized) · Armenian dram · Azerbaijani manat · Belarusian ruble · Euro (Estonia) · Georgian lari · Kazakhstani tenge · Kyrgyzstani som · Latvian lats · Lithuanian litas · Moldovan leu · Nagorno-Karabakh dram (unrecognized) · Russian ruble (Russia and Abkhazia (unrecognized) and South Ossetia (unrecognized)) · Tajikistani somoni · Transnistrian ruble (unrecognized) · Turkmenistan manat · Ukrainian hryvnia · Uzbekistani som obsolete Currency signs (¤) Circulating Historic Armenia topics History (timeline)EarlyMiddleModernBy topic Government and
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