| Descripción del anverso |
Three-quarter portrait vignette of Armenian painter Martiros Saryan (1880–1972) at center-right, rendered in intaglio against a warm ochre and orange guilloche underprint with stylized floral motifs to the right. The bank title in Armenian appears along the top, with two facsimile signatures and their respective titles below the portrait, flanked by the denomination numeral 20000 at lower right. A vertical ornamental band of interlaced geometric pattern in blue and green runs along the left edge, incorporating the serial number. |
| Leyenda del anverso |
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| Descripción del reverso |
A panoramic landscape vignette reproducing a fragment of Martiros Saryan's painting "Armenia," rendered in warm earth tones of ochre, amber, and pale blue, with stylized rocky cliffs and mountains framing a broad valley under an open sky. The denomination numeral 20000 appears in large print at lower left and vertically along the right margin, with the Armenian inscription ՔՍԱՆ ՀԱԶԱՐ ԴՐԱՄ below center. The bank title in Armenian is inscribed along the top, and a security element is visible near the upper center of the note. |
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| Firma(s) |
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| Tipo de protección |
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| Descripción de la protección |
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| Variantes |
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Thomas De La Rue has printed Armenian dram notes since the currency's introduction in 1993, and the relationship has been consistent enough that the series carries a recognizable house style — clean intaglio work, restrained color palette. The 20,000 dram denomination sits at the top of the circulating series, a position that reflects the dram's long-term depreciation against major currencies following the economic disruptions of the 1990s.
The security specification here is notably lean for a high-denomination note by 2012 standards — watermark and thread only, without optically variable ink or other features that had become common on comparable European issues by that date.