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]
Արցախյան դրամ (Armenian) | |
---|---|
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 |
Date of withdrawal | January 1, 2024[1] |
User(s) | Artsakh (alongside Armenian dram) |
Issuance | |
Central bank | Republic of Artsakh Ministry of Finance |
Website | minfin-nkr |
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. |
Coins
editTwo 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
edit2 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
editReferences
edit- ^ 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.
- ^ "Լեռնային Ղարաբաղ Nagorno-Karabakh Banknotes". 2012-06-22. Archived from the original on 22 June 2012. Retrieved 2022-05-14.
- ^ "Coins from Artsakh – Numista". en.numista.com. Archived from the original on 2022-05-22. Retrieved 2022-05-14.
- ^ "Nations of the former Soviet Union". www.joelscoins.com. Archived from the original on 2022-05-18. Retrieved 2022-05-14.