Artsakh dram

The Artsakh dram (Armenian: Արցախյան դրամ) is a monetary unit of the de facto independent Republic of Artsakh. Although it is legal tender, it is not as widely used as the Armenian dram.

Artsakh dram
Արցախյան դրամ (in Armenian)
2 dram banknote (obverse)
Denominations
Subunit
 ​1⁄100luma
Banknotes2 dram, 10 dram
Coins
 Freq. used50 luma, 1 dram, 5 dram
 Rarely used1000 dram
Demographics
User(s) Artsakh (alongside Armenian dram)
Issuance
Central bankRepublic of Artsakh Ministry of Finance
 Websiteminfin-nkr.am
PrinterÖsterreichische Staatsdruckerei
(Austria State Printing House)
Valuation
InflationN/A
Pegged withArmenian dram

Coins

Two commemorative coins were issued in 2003, while seven different coins have also been issued, all dated 2004. They are two aluminum 50 luma coins featuring a horse and a leaping antelope, three aluminum 1 dram coins featuring a wildcat, a pheasant and St. Gregory the Illuminator, two aluminum-bronze 5 dram coins featuring the Ghazanchetsots Cathedral in the town of Shusha and the We Are Our Mountains monument right outside Stepanakert, and two aluminum 1000 dram coins featuring Lake Van and Kevork Chavush. A new series of coins was issued in 2013, and consists of two 50 luma coins featuring a horse and antelope, three 1 dram coins depicting a leopard, wolf and pheasant and two five dram coins showing a bear and a capricorn.

Denomination Date of first minting Composition Diameter
(mm)		 Mass
(g)		 Obverse Reverse Image
50 Luma 2004 Al 20,00 0,95 Coat of arms of the Republic of Artsakh Horse
50 Luma 2004 Al 20,00 0,95 Coat of arms of the Republic of Artsakh Antelope
1 Dram 2004 Al 21,90 1,15 Coat of arms of the Republic of Artsakh Phasianidae
1 Dram 2004 Al 21,90 1,15 Coat of arms of the Republic of Artsakh Saint Gregory the Illuminator
1 Dram 2004 Al 21,90 1,15 Coat of arms of the Republic of Artsakh Cheetah
5 Dram 2004 Cu+Ni+Zn 21,90 4,50 Coat of arms of the Republic of Artsakh Ghazanchetsots Cathedral
5 Dram 2004 Cu+Ni+Zn 21,90 4,50 Coat of arms of the Republic of Artsakh We Are Our Mountains
1000 Dram 2003 Al 21,90 1,15 Coat of arms of the Republic of Artsakh Lake Van
1000 Dram 2003 Al 21,90 1,15 Coat of arms of the Republic of Artsakh Kevork Chavush

Banknotes

2 and 10 dram banknotes have been issued, bearing the date 2004 and printed by Österreichische Staatsdruckerei (Austria State Printing House).

2004 Series
ValueMain ColourImagesDescriptionDate of
ObverseReverseObverseReverseprintingissue
2 dram Red Gandzasar Cathedral of Saint of John the Baptist in Mardakert district, Saint Gregory the Illuminator Bas-relief Christian cross and John the Baptist baptizing Jesus Christ 2004 2004
10 dram Green Jesus holding gospels and raising hand in benediction, Dadivank monastery in Shahumian district Ancient Hudaferin bridge, wine barrel with a bunch of grapes, Karabakh carpet 2004 2004

See also

References
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