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50 Dram
| Issuer | Central Bank of Armenia |
|---|---|
| Year | 1998 |
| Type | Standard circulation banknote |
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| Currency | Log in to see details |
| Composition | Log in to see details |
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| Obverse description | Log in to see details |
|---|---|
| Obverse lettering | ՀԱՅԱՍՏԱՆԻ ԿԵՆՏՐՈՆԱԿԱՆ ԲԱՆԿ ՀԻՍՈՒՆ ԴՐԱՄ 50 (Translation: Central Bank of Armenia, Fifty Dram) |
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| Protection type | Log in to see details |
| Protection description | Aram Khachaturian's portrait, visible when held to light. |
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| Comments |
Armenia's first post-Soviet banknote series, introduced from 1993 onward, was designed domestically but printed abroad under contracts that shifted between issues. By 1998, the dram had survived a brutal inflationary episode — the early 1990s saw Armenian consumer prices rising at rates exceeding 5,000% annually — making even a modest 50-dram denomination a reminder of how far the currency had been stabilized by the time this note entered production.
Tigran Sargsyan later became Prime Minister of Armenia, a relatively unusual trajectory for a central bank governor whose signature appears on circulating paper.