Catalog
200 Dram
| Issuer | Central Bank of the Republic of Armenia |
|---|---|
| Year | 1993 |
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| Value | Log in to see details |
| Currency | Dram (1993-date) |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | A circular guilloche medallion at upper centre contains a stylised solar rosette motif composed of petal-shaped lobes in pink and orange over a fine-line wavy underprint, evoking traditional Armenian ornamental design. Two renditions of the numeral '200' flank the central medallion — a large white-outlined numeral at lower left with multicolour guilloche infill, and a smaller dark numeral at lower right set within a cloud-shaped cartouche. The denomination in Armenian script is printed at centre, and a repeating interlaced border panel with inverted '200' numerals runs along the bottom edge. |
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| Protection type | Watermark |
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| Comments |
Armenia's first national currency series was issued in November 1993, replacing the Russian ruble following independence. The 200 Dram occupied the upper end of that inaugural series — inflation would quickly render it a low-denomination note, and by the late 1990s it had effectively left everyday use.
The print run of just over twelve million is relatively modest for a new national currency absorbing the full weight of a transitional economy. Watermarking was the sole security provision, which left the series vulnerable; counterfeiting concerns contributed to the push for upgraded issues in subsequent years.