Catalog
| Issuer | Central Bank of the Republic of Armenia |
|---|---|
| Year | 2018 |
| Type | Log in to see details |
| Value | Log in to see details |
| Currency | Dram (1993-date) |
| Composition | Log in to see details |
| Size | Log in to see details |
| Shape | Log in to see details |
| Printer | Log in to see details |
| Designer(s) | Log in to see details |
| Engraver(s) | Log in to see details |
| In circulation to | Log in to see details |
| Reference(s) | Log in to see details |
| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | Log in to see details |
| Reverse description | Log in to see details |
| Reverse lettering | Log in to see details |
| Signature(s) | Log in to see details |
| Protection type | Security thread, Watermark, Color-shifting ink, Raised print |
| Protection description | Embedded security thread with microtext; St. Gregory the Illuminator visible when held to light; denomination numeral; intaglio raised print on key design elements for tactile effect. |
| Variants | Log in to see details |
| Comments |
Armenia's highest-denomination note at the time of issue, the 50,000 Dram was introduced partly in response to cumulative inflation that had rendered lower notes impractical for large transactions — the 1 Dram of 1993 had lost essentially all its purchasing power within a decade of independence. G+D's hybrid substrate combines a polymer core with paper outer layers, giving the note tactile properties closer to cotton-fiber currency while retaining some of the durability and security advantages of pure polymer.
The Leipzig plant has produced Armenian banknotes across multiple series. Hybrid construction on a note of this denomination signals a deliberate middle position — neither fully committing to polymer nor staying with conventional paper.