YEREVAN, May 2. /ARKA/. Armenia’s third generation composite banknotes qualified for the finale of the 14th international contest “The best banknote or a series of banknotes of 2019” organized by the International Association of Currency Affairs (IACA), Armenia’s Central Bank said.

It said the list of the top five banknotes includes also a new 50 dollar banknote of the Australian Reserve Bank, a Bank of Canada banknote with the face value 10 dollars, a Mexican banknote of 500 pesos, banknotes of the Bank of Norway. The competition was attended by 55 participants.

IACA has been holding the competition since 2017. New banknotes issued not later than 18 months before the competition can take part in the competition.

Third generation Armenian composite banknotes dedicated to the 25th anniversary of the national currency, the dram, were put into circulation on November 22, 2018.-0-