Artsakh dram

The Artsakh dram (Armenian: Արցախյան դրամ) is a monetary unit of the de facto independent Republic of Artsakh. Although it is legal tender, it is not as widely used as the Armenian dram.

Artsakh dram
Արցախյան դրամ (in Armenian)
2 dram banknote (obverse)
Banknotes2 dram, 10 dram
Freq. used50 luma, 1 dram, 5 dram
User(s) Artsakh (alongside Armenian dram)
Central bankRepublic of Artsakh Ministry of Finance
PrinterÖsterreichische Staatsdruckerei
(Austria State Printing House)
Pegged withArmenian dram


Seven 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 Ghazanchetsots Cathedral in the town of Shushi and the We Are Our Mountains monument right outside Stepanakert. 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.


2 and 10 dram banknotes have been issued, bearing the date 2004 and printed by Österreichische Staatsdruckerei (Austria State Printing House).

2004 Series
ValueMain ColourImagesDescriptionDate of
2 dram Red Gandzasar Cathedral of Saint of John the Baptist in Mardakert 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

See also


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