Nagorno-Karabakh dram

Nagorno-Karabakh dram
Լեռնային Ղարաբաղի դրամ (Armenian)
Denominations
Banknotes 2 dram, 10 dram
Coins
Freq. used 1 dram, 5 dram
Demographics
User(s)  Nagorno-Karabakh Republic (alongside Armenian dram)
Issuance
Printer Österreichische Staatsdruckerei
(Austria State Printing House)
Valuation
Inflation N/A
Pegged with Armenian dram

The Nagorno-Karabakh dram (Armenian: Լեռնային Ղարաբաղի դրամ) is a monetary unit of the de facto independent Nagorno-Karabakh Republic. Although it is legal tender, it is not as widely used as the Armenian dram.

Coins

Five different coins have also been issued, all also dated 2004. 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, and two aluminum-bronze 5 dram coins featuring the cathedral in the town of Shushi and the Stone Head Monument. 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.

Banknotes

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 of John the Baptist in Madakert 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

References

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