Thursday, March 12 2020 16:07
Karina Melikyan

3rd series of Armenian banknotes recognized as the best in the world

3rd series of Armenian banknotes recognized as the best in the world

ArmInfo. The new series of Armenian banknotes won the accolade for the Best New Series at the High Security Printing EMEA-2020 contest, the press service of the  Central Bank of the Republic of Armenia reports.

The awards formed part of the High Security Printing EMEA annual  Conference, which was organized by Reconnaissance International and  held on March 9-11 in Lisbon, Portugal. 

These recognize the highest levels of achievement in three  categories: Best New Series, Best New Banknote, and Best New  Commemorative Banknote.

It was also noted that the series in denominations of 500, 1'000,  2'000, 5'000, 10'000, 20'000 and 50'000 Dram is produced on a  composite substrate that combines the durability of polymer with the  printability and inclusion of paper to produce highly durable and  secure banknotes. Armenia is the first country in the world to have  an entire banknote series printed on Louisenthal's Hybrid ADDvance  paper/polymer composite. The jury marked out originality of the  banknotes design, which reflects the historical, cultural and  religious themes.

The Best New Banknote award went to the Bank of England for its new  eye-catching ?20 note featuring renowned English artist JMW Turner.   The banknote is produced on De La Rue's Safeguard polymer substrate  alongside CCL's Guardian substrate. 

The Best New Commemorative Banknote accolade went to the National  Bank of Poland for its 19 Zloty, which commemorates the 100th  anniversary of establishment of the Polish Security Printing Works.   This banknote stands out because the face value - 19 pln - is  unusual, and the combination of the traditional design and modern  security features is impressive.

To recall, the Central Bank of Armenia put into circulation the 3rd  series of Armenian composite banknotes in 2018, the day of the 25th  anniversary of the dram. On November 22, the banknotes of the series  in denominations of 10,000, 20,000 and 50,000 drams were put into  circulation, and on December 25 - the banknotes of the series in  denominations of 1,000, 2,000 and 5,000 drams.