- After April 15, citizens can exchange all Armenian second-generation banknotes for free at commercial banks and the Central Bank operating in Armenia, without restrictions.
20.01.2026
The year is 2025. On April 28, the Central Bank announced that, in accordance with the decision of the Council of the Central Bank of the Republic of Armenia for 2026, from April 15, the 2nd generation banknotes will be withdrawn from circulation as a result of normal wear and tear.
The year is 2017. On July 11, the Central Bank’s press release emphasized that second-generation banknotes will be withdrawn from circulation only when third-generation banknotes are introduced into the entire monetary circulation chain, and second-generation banknotes will already have physical wear and tear unsuitable for monetary circulation.:
Currently, the bulk of the 2nd generation banknotes have high physical wear, and the bulk of the banknotes in denominations of 1000 drams, 5000 drams, 10,000 drams and 20,000 drams in circulation are 3rd generation banknotes (with images of Paruyr Sevak, William Saroyan, Komitas, Hovhannes Aivazovsky). and the banknotes issued in 1999 with a face value of 500 drams (Alexander) in circulation were mostly replaced by coins, so it became necessary to withdraw the mentioned banknotes of the 2nd generation from circulation.
The year is 2026. the ratio of the 2nd and 3rd generation banknotes in circulation as of January 1
https://www.cba.am/hy/news/armenian-second-generation-banknotes/516
- After April 15, citizens can exchange all Armenian second-generation banknotes for free at commercial banks and the Central Bank operating in Armenia, without restrictions.
20.01.2026
The year is 2025. On April 28, the Central Bank announced that, in accordance with the decision of the Council of the Central Bank of the Republic of Armenia for 2026, from April 15, the 2nd generation banknotes will be withdrawn from circulation as a result of normal wear and tear.
The year is 2017. On July 11, the Central Bank’s press release emphasized that second-generation banknotes will be withdrawn from circulation only when third-generation banknotes are introduced into the entire monetary circulation chain, and second-generation banknotes will already have physical wear and tear unsuitable for monetary circulation.:
Currently, the bulk of the 2nd generation banknotes have high physical wear, and the bulk of the banknotes in denominations of 1000 drams, 5000 drams, 10,000 drams and 20,000 drams in circulation are 3rd generation banknotes (with images of Paruyr Sevak, William Saroyan, Komitas, Hovhannes Aivazovsky). and the banknotes issued in 1999 with a face value of 500 drams (Alexander) in circulation were mostly replaced by coins, so it became necessary to withdraw the mentioned banknotes of the 2nd generation from circulation.
The year is 2026. the ratio of the 2nd and 3rd generation banknotes in circulation as of January 1
https://www.cba.am/hy/news/armenian-second-generation-banknotes/516
- After April 15, citizens can exchange all Armenian second-generation banknotes for free at commercial banks and the Central Bank operating in Armenia, without restrictions.
20.01.2026
The year is 2025. On April 28, the Central Bank announced that, in accordance with the decision of the Council of the Central Bank of the Republic of Armenia for 2026, from April 15, the 2nd generation banknotes will be withdrawn from circulation as a result of normal wear and tear.
The year is 2017. On July 11, the Central Bank’s press release emphasized that second-generation banknotes will be withdrawn from circulation only when third-generation banknotes are introduced into the entire monetary circulation chain, and second-generation banknotes will already have physical wear and tear unsuitable for monetary circulation.:
Currently, the bulk of the 2nd generation banknotes have high physical wear, and the bulk of the banknotes in denominations of 1000 drams, 5000 drams, 10,000 drams and 20,000 drams in circulation are 3rd generation banknotes (with images of Paruyr Sevak, William Saroyan, Komitas, Hovhannes Aivazovsky). and the banknotes issued in 1999 with a face value of 500 drams (Alexander) in circulation were mostly replaced by coins, so it became necessary to withdraw the mentioned banknotes of the 2nd generation from circulation.
The year is 2026. the ratio of the 2nd and 3rd generation banknotes in circulation as of January 1
