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20 Dram Armenian Dram

Issuer Central Bank of Armenia
Year 2023
Type Commemorative circulation coin
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Obverse script Armenian, Latin
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Reverse lettering 20 ԴՐԱՄ
(Translation: 20 Dram)
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Additional information

Armenia's 20 dram coin occupies an awkward position in daily commerce — the dram has inflated sufficiently since the denomination was introduced in the early 1990s that 20-dram pieces are largely ignored by the public, often left on counters rather than pocketed. The 2023 restrike continues a pattern of low-demand replenishment issues rather than any genuine circulation necessity.

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