The Central Bank of Armenia’s new Dram series won the accolade for the Best New Series, reflecting the country’s commitment to improve the quality of its currency in the face of one of the toughest environments in the world for circulating notes.


The series in denominations of 500, 1,000, 2,000, 5,000,10,000, 20,000 and 50,000 Drams 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. The design of the notes also reflects the historical, cultural and religious themes of Armenia, which is the first country in the world to have an entire banknote series printed on Louisenthal’s Hybrid ADDvance paper/polymer composite.

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Case Study Armenia
To celebrate the quarter-century anniversary of the creation of Armenia’s own currency, the dram, the country’s central bank decided to call on Louisenthal again to design and produce notes for six denominations. It also selected our Hybrid substrate to maximise the notes’ lifespan.

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