All banknotes of the second generation of RA will be exchanged in commercial banks operating in the territory of RA and in the Central Bank, without restrictions, free of charge and indefinitely, reports the Central Bank of Armenia.
“We remind you that in 2026 from April 15, the 2nd generation banknotes will be withdrawn from circulation as a result of normal wear and tear.
As repeatedly stated by the Central Bank in its press releases and explanatory videos, 2nd generation banknotes are considered legal tender until 2026. April 15, and after the mentioned day, citizens can exchange their “old” banknotes for free and indefinitely in commercial banks operating in the RA territory and in the Central Bank, without restrictions.
Let us add that in 2025 According to the decision of the Board of the Central Bank of April 28, the following RA banknotes of the 2nd generation will be withdrawn from circulation.
• 500 drams of 1999 issue (with portrait of Alexander Tamanyan)
• 1000 drams issued in 1999, 2001, 2011, 2015 (with portrait of Yeghishe Charents)
• 5000 drams issued in 1999, 2003, 2009, 2012 (with the portrait of Hovhannes Tumanyan)
• 10,000 drams issued in 2003, 2006, 2008, 2012 (with the portrait of Avetik Isahakyan)
• 20,000 drams issued in 1999, 2007, 2009, 2012 (with the portrait of Martiros Saryan),” the message states.
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