Armenia's central bank to launch new generation currency bills

12:06 • 19.11.18



The Central Bank of Armenia (CBA) has issued a new series of banknotes dedicated to the national currency's 25th anniversary.

 
The third-generation Armenian Drams (AMD) will be put into circulation starting from November 22, the CBA press service reports.


The AMD 1,000 banknote will feature Paruyr Sevak, the 20th century Armenian poetry's most outstanding representative. Legendary chess-player Tigran Petrosyan will be portrayed on the AMD 2,000 paper bill. William Saroyan, Komitas and Ivan (Hovhannes) Ayvazovsky will have their portraits on the AMD 5,000, AMD 10,000 and AMD 20,000 banknotes, respectively. St Gregory the Illuminator, the patron saint and first official head of the Armenian Apostolic Church (who converted Armenia into Chrtistianity in 301) will symbolize the AMD 50,000 banknote.


The older-generation currency bills will go out of circulation gradually as they wear out in a natural way over the course of time.

 

Armenian News - Tert.am





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