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20 000 Dram

发行方 Central Bank of the Republic of Armenia
年份 2007-2009
类型 Standard circulation banknote
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背面描述 A panoramic landscape vignette reproducing a fragment of Martiros Saryan's painting 'Armenia', rendered in warm earth tones of orange, ochre, and muted green, with stylized mountains, valleys, and terraced fields across the full width of the note. The large numeral 20000 appears at right in orange, with the denomination in Armenian script at bottom center. A security thread is visible as a dashed vertical strip at center-right, and the bank title runs along the top in Armenian characters.
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防伪类型 Watermark, Security thread
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Armenia's 20,000 Dram was the highest denomination in circulation when it was introduced, reflecting the cumulative effect of post-Soviet inflation that had, by the mid-2000s, pushed everyday transactions well into the thousands. The dram itself was only introduced in 1993, replacing Soviet rubles at a rate of 200 to one — a brutal reset that left deep public skepticism toward paper money for years afterward.

Thomas De La Rue's involvement places this squarely in the premium tier of Armenian note production, though the security package — watermark and thread only — is modest relative to De La Rue's capabilities at the time.