Armenian banknotes are among top five best banknotes, according to International Association of Currency Affairs

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-

spot_img

POPULAR

A Birthday in Italy with Unibank

Unibank cardholder Haykush Markosyan will celebrate her 35th birthday in Italy after winning the “More Opportunities with Mastercard World Travel” promotion.

Armenia’s Prime Minister Proposes Developing Stock Exchange Listings for the Country’s Mining Companies

Prime Minister of Armenia Nikol Pashinyan thinks that the mining sector should take the lead in developing institutions of public share ownership in the country, including through the listing of companies on stock exchanges.

Aggregate assets of Armenian banks grew by 20.82% to 14.46 trillion drams by the end of September 2026

As of September 30, 2026, the aggregate assets of Armenian banks reached 14.46 trillion drams, an increase of 20.82% compared to September 30, 2025, according to an operational bulletin from the ARKA news agency.

Euro and ruble exchange rates against the Armenian dram have risen, while the dollar has fallen —Central Bank of Armenia

The average market exchange rate of the US dollar against the Armenian dram, as established in Armenia’s foreign exchange market on October 21, 2026, decreased by 0.05 points compared to October 20, reaching 361.4 drams.

Armenia to subsidize interest rates on loans and leases for energy storage systems — by up to 10 percentage points

Armenia is introducing a state subsidy for interest rates on loans and leases used to purchase electrical energy storage systems, announced Armenian Minister of Economy Gevorg Papoyan.

LATEST NEWS

spot_imgspot_imgspot_img