5000 Dram

Armenia's shift to hybrid substrate for this denomination was part of a broader regional move toward polymer-reinforced notes, with G+D's Hybrid product offering durability closer to full polymer while retaining the tactile properties that Armenian cash-handlers expected. The transparent window is integrated into the substrate itself rather than applied as a patch — a distinction that matters for authentication.

Giesecke+Devrient has printed Armenian banknotes since the dram's introduction in the early 1990s, making this a long-standing production relationship.