Catalog
10 Luma
| Issuer | Central Bank of Armenia |
|---|---|
| Year | 1994 |
| Type | Standard circulation coin |
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| Reverse description | The denomination numeral '10' is prominently rendered in large figures occupying the upper half of the field. Beneath it, the Armenian inscription ԼՈՒՄԱ (Luma) is incused in the native script, followed by the date 1994 in Arabic numerals along the lower field. The design is plain and unadorned, set within a raised rim, reflecting the utilitarian character of this low-denomination aluminium circulation issue. |
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| Edge | Plain |
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| Additional information |
Armenia's first decimal coinage, including this luma, was introduced in 1994 following the dram's official replacement of the Soviet ruble in November 1993. The luma denominations were struck in aluminium partly because the new republic had virtually no foreign currency reserves to fund a more expensive coinage program — aluminium was the cheapest viable option.
In practice, these low denominations circulated briefly before inflation rendered them economically irrelevant.