Artsakh dram

Currency of Artsakh

Artsakh dramԱրցախյան դրամ (Armenian)

2 dram banknote (obverse)

ISO 4217
Code| None
Unit
Symbol| Դր.
Denominations
Subunit|
1⁄100| luma
Banknotes| 2 dram, 10 dram
Coins|
Freq. used| 50 luma, 1 dram, 5 dram[further explanation needed]
Rarely used| 1000 dram
Demographics
Date of introduction| 2003 (2003)
Date of withdrawal| January 1, 2024 (2024-01-01) [1]
User(s)|  Artsakh (alongside Armenian dram)
Issuance
Central bank| Republic of Artsakh Ministry of Finance
Website| minfin-nkr.am
Printer| Österreichische Staatsdruckerei
(Austria State Printing House)
Valuation
Inflation| N/A
Pegged with| Armenian dram
This infobox shows the latest status before this currency was rendered obsolete.

The Artsakh dram (Armenian: Արցախյան դրամ) was a monetary unit of the de facto independent Republic of Artsakh, which was dissolved on 1 January 2024 in the aftermath of Azerbaijani offensive in Nagorno-Karabakh.[1] Despite being legal tender, it was not as widely used as the Armenian dram.[2]

## Coins

[edit]

Two commemorative coins were issued in 2003, while seven different coins have also been issued, all dated 2004.[3] They are two aluminum 50 luma coins featuring a horse and a leaping antelope, three aluminum 1 dram coins featuring a wildcat, a pheasant and St. Gregory the Illuminator, two aluminum-bronze 5 dram coins featuring the Ghazanchetsots Cathedral in the town of Shushi and the We Are Our Mountains monument right outside Stepanakert, and two aluminum 1000 dram coins featuring Lake Van and Kevork Chavush. A new series of coins was issued in 2013, and consists of two 50 luma coins featuring a horse and antelope, three 1 dram coins depicting a leopard, wolf and pheasant and two five dram coins showing a bear and a capricorn.[4]

Denomination  | Date of first minting  | Composition  | Diameter
(mm)  | Mass
(g)  | Obverse  | Reverse  | Image

|
|
|
|
|
|
|

50 Luma | 2004  | Al  | 20,00  | 0,95  | Coat of arms of the Republic of Artsakh | Horse |
50 Luma | 2004  | Al  | 20,00  | 0,95  | Coat of arms of the Republic of Artsakh | Antelope |
1 Dram | 2004  | Al  | 21,90  | 1,15  | Coat of arms of the Republic of Artsakh | Phasianidae |
1 Dram | 2004  | Al  | 21,90  | 1,15  | Coat of arms of the Republic of Artsakh | Saint Gregory the Illuminator |
1 Dram | 2004  | Al  | 21,90  | 1,15  | Coat of arms of the Republic of Artsakh | Cheetah |
5 Dram | 2004  | Cu+Ni+Zn  | 21,90  | 4,50  | Coat of arms of the Republic of Artsakh | Ghazanchetsots Cathedral |
5 Dram | 2004  | Cu+Ni+Zn  | 21,90  | 4,50  | Coat of arms of the Republic of Artsakh | We Are Our Mountains |
1000 Dram | 2003  | Al  | 21,90  | 1,15  | Coat of arms of the Republic of Artsakh | Lake Van |
1000 Dram | 2003  | Al  | 21,90  | 1,15  | Coat of arms of the Republic of Artsakh | Kevork Chavush |

## Banknotes

[edit]

2 and 10 dram banknotes have been issued, bearing the date 2004 and printed by Österreichische Staatsdruckerei (Austria State Printing House).

2004 Series

Value | Main Colour | Images | Description | Date of
Obverse | Reverse | Obverse | Reverse | printing | issue
2 dram  | Red  |  |  | Gandzasar Cathedral of Saint John the Baptist in Mardakert district, Saint Gregory the Illuminator  | Bas-relief Christian cross and John the Baptist baptizing Jesus Christ | 2004  | 2004
10 dram  | Green  |  |  | Jesus holding gospels and raising hand in benediction, Dadivank monastery in Shahumian district  | Ancient Hudaferin bridge, wine barrel with a bunch of grapes, Karabakh carpet | 2004  | 2004

## See also

[edit]

* Armenian dram
* Artsakhbank
* Economy of the Republic of Artsakh
* List of currencies
* List of historical currencies

Portals:

* Asia
* Economics
* Europe
* Money
* Numismatics

## References

[edit]

1. ^ a b "Nagorno-Karabakh Republic will cease to exist from Jan 1 2024 - Nagorno-Karabakh authorities". Reuters. 2023-09-28. Archived from the original on 2023-09-28. Retrieved 2023-09-28.
2. ^ "Լեռնային Ղարաբաղ Nagorno-Karabakh Banknotes". 2012-06-22. Archived from the original on 22 June 2012. Retrieved 2022-05-14.
3. ^ "Coins from Artsakh – Numista". en.numista.com. Archived from the original on 2022-05-22. Retrieved 2022-05-14.
4. ^ "Nations of the former Soviet Union". www.joelscoins.com. Archived from the original on 2022-05-18. Retrieved 2022-05-14.

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Currencies of post-Soviet states

Current|

* Abkhazian apsar*
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Obsolete|

* Artsakh dram*
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Obsolete and historical|

* ₳
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Cryptocurrency|

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Generic placeholder|

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Artsakh articles

History
(timeline)|

* Artsakh (historic province)
* Satrapy of Albania
* Arminiya
* Kingdom of Artsakh
* Province of Karabakh
* Liberation struggle of Artsakh of 1724–1731
* Khamsa / Melikdoms of Karabakh
* Karabakh Khanate
* Armenian–Azerbaijani War of 1918–1920
* Nagorno-Karabakh Autonomous Oblast
* First Nagorno-Karabakh War
* 1991 independence referendum
* Second Nagorno-Karabakh War
* Blockade
* 2023 Azerbaijani offensive
* Exodus of Nagorno-Karabakh Armenians

Geography|

* Administrative divisions
* Settlements
* Karabakh Range
* Lesser Caucasus
* Aras
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Politics|

* Artsakh Defence Army
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Economy|

* Dram (currency)
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Culture|

* Architecture
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Demographics|

* Demographics
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Religion|

* Religion
* Armenian Apostolic Church

Symbols|

* Armenian Cross
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* Category

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