Thursday, November 22 2018 18:26

ArmInfo. On November 22, the Central Bank of Armenia, on the day of the 25th anniversary of the dram, put into circulation third- generation hybrid banknotes with  denominations of 10,000, 20,000 and 50,000 drams.  According to the  press service of the Central Bank of Armenia, the analogs of the old  model will be in circulation along with them until they are out of  circulation as they wear out. The decision on the introduction of  third-generation banknotes into circulation was made at the meeting  on November 9.

The great composer Komitas is depicted on the 10,000th banknote of  the new sample (on the analogue of the old model Avetik Isahakyan is  depicted). The well-known marine painter Hovhannes (Ivan) Aivazovsky  (Martiros Saryan on the old analogue) is depicted on the 20,000th  hybrid banknote. The founder of the Armenian Apostolic Church of Sv.   Gregory the Illuminator.

As stated in the official statement of the Central Bank of the  Republic of Armenia, third- generation banknotes are legal tender and  must be accepted at a nominal price without time limits.

Along with the new hybrid banknotes, which consist of cotton paper  coated on both sides with polyester, similar notes of the 1999-2012  issue will continue to circulate. The 100- thousandth banknote was  not included in the list of the 3rd generation, but the banknote  issued in 2009 will be out of circulation as it is worn out.

According to the source, composite banknotes with denominations of  1,000, 2,000 and 5,000 drams, which depict the poet Paruyr Sevak  (instead of the ones currently circulating with the image of the poet  Egishe Charents), are ninth world chess champion Tigran Petrosyan and  American writer of Armenian origin William Saroyan (instead of  Hovhannes Tumanyan) envisaged in circulation since December 25. It is  noteworthy that the 2 thousandth banknote is being put into  circulation for the first time.

Recall that on November 22, 1993, a national currency, dram, was put  into circulation in independent Armenia. Annually, November 22 is the  day of the birth of drama, as well as Banker's Day.