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| Issuer | Central Bank of the Republic of Armenia |
|---|---|
| Year | 2017 |
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| Value | 10 000 Dram |
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|---|---|
| Obverse script | Armenian |
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| Reverse lettering | ՇՈՒՇԻԻ ԱԶԱՏԱԳՐՄԱՆ 25 - ԱՄՅԱԿ (Translation: 25 Years of Shushi Liberation) |
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| Additional information |
Shushi — known as Shusha in Azerbaijani — fell to Armenian forces on May 8–9, 1992, during the First Nagorno-Karabakh War, a seizure that effectively secured the corridor to Stepanakert and proved decisive in Armenian military fortunes for the next three decades. The date became the foundational commemorative moment for the unrecognized Nagorno-Karabakh Republic. Azerbaijan retook the city in November 2020 during the forty-four-day war, which renders this 2017 issue historically pointed in retrospect — struck three years before the event it celebrated was militarily reversed.