Nagorno-Karabakh dram
Encyclopedia
The Nagorno-Karabakh dram is a monetary unit of the Nagorno-Karabakh Republic
. Although it is legal tender
, it is not as widely used as the Armenian dram
. 2 and 10 dram banknotes have been issued, bearing the date 2004 and printed by Österreichische Staatsdruckerei (Austria State Printing House). Five 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 cathedral in the town of Shushi and the Stone Head Monument.
Nagorno-Karabakh Republic
The Nagorno-Karabakh Republic , or Artsakh Republic is a de facto independent republic located in the South Caucasus region of Eurasia...
. Although it is legal tender
Legal tender
Legal tender is a medium of payment allowed by law or recognized by a legal system to be valid for meeting a financial obligation. Paper currency is a common form of legal tender in many countries....
, it is not as widely used as the Armenian dram
Armenian dram
The dram is the monetary unit of Armenia and the Nagorno-Karabakh Republic. It is subdivided into 100 luma . The word "dram" translates into English as "money" and is cognate with the Greek drachma...
. 2 and 10 dram banknotes have been issued, bearing the date 2004 and printed by Österreichische Staatsdruckerei (Austria State Printing House). Five 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 cathedral in the town of Shushi and the Stone Head Monument.