The third generation banknotes will be introduced into circulation from November 22 on the occasion of the 25th anniversary of the Armenian national currency – the dram.
The new banknotes are 10,000; 20,000 and 50,000 bills. The other new bills – 1000, 2000 and 5000 denominations will be introduced from December 25.
Secretary General of the Central Bank Davit Nahapetyan said that a German company has printed the third series banknotes.
“The specificity of these banknotes is that they are of hybrid quality; they are composed of paper and polymer composite, which makes the bills more secure,” he said.
He said that the second generation banknotes will continue being circulated.