I admit that the 1,000 and 10,000 dram banknotes are mixed up, but replacing them will be quite expensive.

“We tried to change the ‘10,000’ inscription on the old model—if I’m not mistaken, on the 10,000 dram banknote—to make it more obvious. There’s also the argument that all dollars are essentially the same color, size, and shape, but people are attentive, and there are no problems; no one confuses $10 with $20,” he noted.

Speaking about the new generation banknotes, Martin Galstyan added that, if I’m not mistaken, the new generation banknotes have a lifespan of 3-5 years. They are made not only of paper but also contain plastic elements, which helps reduce wear. According to the Central Bank Chairman, this step was taken to reduce costs.

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