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Currency Of Armenia
This article provides a historical summary of the currencies and monetary units of the country of Armenia throughout its history, in addition to the Armenian regions of the Russian Empire and Transcaucasian SSR and the majority-Armenian but internationally unrecognized Republic of Artsakh. List of currencies of Armenia Past and present currencies used in Armenia include: * ''Dram'' coinsSmbat Minasyan, ''Armenian Coins – History of Armenian coinage – Ancient, Medieval, Modern''Armenian History/ref> * ''Takvorin'' coins * First Transcaucasian ruble * Armenian ruble * Second Transcaucasian ruble * Soviet ruble * Russian ruble ( CIS monetary union)Pomfret, Richard (2001). The IMF and the Rouble Zone. Available at: http://www.readcube.com/articles/10.1057/ces.2002.17 * Armenian dram ** Luma, 1/100 of a dram * Artsakh dram History The first instance of a "dram" currency (, lit. "money") was in the period from 1199 to 1375, when silver coins called ''dram'' or ''tram'' were issu ...
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1991 Armenian Independence Referendum
An independence referendum was held in the Armenia SSR on 21 September 1991 to determine whether to secede from the Soviet Union. It followed a declaration of independence on 23 August 1990. 99.5% of voters voted in favour, with a turnout of 95%. The country officially became an independent state on 23 September 1991. Background The May 1990 Armenian Supreme Soviet election resulted in the formation of a non-Communist government led by Levon Ter-Petrosyan, chairman of the Pan-Armenian National Movement. On 23 August 1990, the Supreme Soviet of the Armenian SSR adopted the Declaration of State Sovereignty of Armenia, which marked the beginning of the process of establishing independent statehood. It was declared that the Republic of Armenia was a sovereign state endowed with independence. The Constitution of the USSR and the laws of the USSR ceased to apply in the territory of the Republic. In order to ensure its security and inviolability of its borders, the Republic ...
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List Of People On Coins Of Armenia
This is a list of notables, mythological persons and deities on coins of Armenia. Artaxiad Kingdom Kingdom of Cilicia Republic of Armenia See also {{Portal, Money, Numismatics * Armenian dram * Currency of Armenia References * ''Chester L. Krause and Clifford Mishler. Standard Catalog of World Coins. Iola, WI. 2002 Edition (20th Century), Pages 106, 108'' Coin Types from Armenia Lists, pictures, and values of Armenian coin types External links Collector Coins - Central Bank of Armenia
Coins of Armenia, Lists of people on coins, Armenia Armenia history-related lists, Coins Lists of people by honour or award, Coins of Armenia ...
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Economy Of Armenia
The economy of Armenia grew by 5.9% in 2024, according to estimates by the International Monetary Fund, with total output amounting to $25.5 billion. GDP contracted sharply in 2020 by 7.1%, mainly due to the COVID-19 recession and the Second Nagorno-Karabakh War, Second Nagorno-Karabakh War with Azerbaijan. In contrast it grew by 7.6% in 2019, 5.8% in 2021, 12.6% in 2022 and 8.3% in 2023. Between 2012 and 2018 GDP grew 40.7%, and key banking indicators like assets and credit exposures almost doubled. While part of the Soviet Union, the economy of Armenian Soviet Socialist Republic, Armenia was based largely on manufacturing industry—chemicals, electronic products, machinery, processed food, synthetic rubber and textiles; it was highly dependent on outside resources. Armenian mines produce copper, zinc, gold and lead. The vast majority of energy is produced with imported fuel from Russia, including gas and nuclear fuel for Armenia's Armenian Nuclear Power Plant, Metsamor nuclear ...
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Georgia (country)
Georgia is a country in the Caucasus region on the coast of the Black Sea. It is located at the intersection of Eastern Europe and West Asia, and is today generally regarded as part of Europe. It is bordered to the north and northeast by Russia, to the south by Turkey and Armenia, and to the southeast by Azerbaijan. Georgia covers an area of . It has a Demographics of Georgia (country), population of 3.7 million, of which over a third live in the capital and List of cities and towns in Georgia (country), largest city, Tbilisi. Ethnic Georgians, who are native to the region, constitute a majority of the country's population and are its titular nation. Georgia has been inhabited since prehistory, hosting the world's earliest known sites of winemaking, gold mining, and textiles. The Classical antiquity, classical era saw the emergence of several kingdoms, such as Colchis and Kingdom of Iberia, Iberia, that formed the nucleus of the modern Georgian state. In the early fourth centu ...
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Moldova
Moldova, officially the Republic of Moldova, is a Landlocked country, landlocked country in Eastern Europe, with an area of and population of 2.42 million. Moldova is bordered by Romania to the west and Ukraine to the north, east, and south. The List of states with limited recognition, unrecognised breakaway state of Transnistria lies across the Dniester river on the country's eastern border with Ukraine. Moldova is a Unitary state, unitary Parliamentary system, parliamentary Representative democracy, representative democratic republic with its capital in Chișinău, the country's largest city and main cultural and commercial centre. Most of Moldovan territory was a part of the Principality of Moldavia from the 14th century until 1812, when it was Treaty of Bucharest (1812), ceded to the Russian Empire by the Ottoman Empire (to which Moldavia was a Vassal and tributary states of the Ottoman Empire, vassal state) and became known as Bessarabia. In 1856, southern Bessarabia was ...
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Turkmenistan
Turkmenistan is a landlocked country in Central Asia bordered by Kazakhstan to the northwest, Uzbekistan to the north, east and northeast, Afghanistan to the southeast, Iran to the south and southwest and the Caspian Sea to the west. Ashgabat is the capital and largest city. It is one of the six independent Turkic states. With a population over 7 million, Turkmenistan is the 35th most-populous country in Asia and has the lowest population of the Central Asian republics while being one of the most sparsely populated nations on the Asian continent. Turkmenistan has long served as a thoroughfare for several empires and cultures. Merv is one of the oldest oasis-cities in Central Asia, and was once among the biggest cities in the world. It was also one of the great cities of the Islamic world and an important stop on the Silk Road. Annexed by the Russian Empire in 1881, Turkmenistan figured prominently in the anti-Bolshevik movement in Central Asia. In 1925, Turkmenistan be ...
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Uzbekistan
, image_flag = Flag of Uzbekistan.svg , image_coat = Emblem of Uzbekistan.svg , symbol_type = Emblem of Uzbekistan, Emblem , national_anthem = "State Anthem of Uzbekistan, State Anthem of the Republic of Uzbekistan" , image_map = File:Uzbekistan (centered orthographic projection).svg , map_caption = Location of Uzbekistan (green) , capital = Tashkent , coordinates = , largest_city = capital , official_languages = Uzbek language, Uzbek , languages_type = Writing system, Official script , languages = Latin Script, Latin , recognized_languages = Karakalpak language, Karakalpak , ethnic_groups = , ethnic_groups_ref = , ethnic_groups_year = 2021 , religion_ref = , religion_year = 2020 , religion = , demonym = Uzbeks, Uzbek • Demographics of Uzbekistan, Uzbekistani , ...
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Kazakhstan
Kazakhstan, officially the Republic of Kazakhstan, is a landlocked country primarily in Central Asia, with a European Kazakhstan, small portion in Eastern Europe. It borders Russia to the Kazakhstan–Russia border, north and west, China to the China–Kazakhstan border, east, Kyrgyzstan to the Kazakhstan–Kyrgyzstan border, southeast, Uzbekistan to the Kazakhstan–Uzbekistan border, south, and Turkmenistan to the Kazakhstan–Turkmenistan border, southwest, with a coastline along the Caspian Sea. Its capital is Astana, while the largest city and leading cultural and commercial hub is Almaty. Kazakhstan is the world's List of countries and dependencies by area, ninth-largest country by land area and the largest landlocked country. Steppe, Hilly plateaus and plains account for nearly half its vast territory, with Upland and lowland, lowlands composing another third; its southern and eastern frontiers are composed of low mountainous regions. Kazakhstan has a population of 20 mi ...
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Monetary Reform In Russia, 1993
Russia's monetary reform of 1993 took place from 26 July to 7 August 1993. Objectives Russia's 1993 currency reform was intended to tame inflation and exchange the banknotes remaining in circulation from 1961 to 1992 for banknotes of a new design. The reform was confiscatory, as there were a number of restrictions on the exchange of banknotes. In addition, the reform was carried out during the summer holidays, which created additional problems for citizens. The Central Bank of the Russian Federation issued a clarification that the exchange of banknotes after 1 October 1993 would be made exclusively on presentation of documents that proved the impossibility of exchange in a timely manner. That restriction was also aimed at combating the influx of currency notes from the former Soviet republics, as the central banks of the Republics ceased to look to Russia's State Bank and started printing their own money. In 1993, the central banks of the former member states began issue of their ...
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Post-Soviet States
The post-Soviet states, also referred to as the former Soviet Union or the former Soviet republics, are the independent sovereign states that emerged/re-emerged from the dissolution of the Soviet Union in 1991. Prior to their independence, they existed as Republics of the Soviet Union, Union Republics, which were the top-level constituents of the Soviet Union. There are 15 post-Soviet states in total: Armenia, Azerbaijan, Belarus, Estonia, Georgia (country), Georgia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan. Each of these countries succeeded their respective Union Republics: the Armenian Soviet Socialist Republic, Armenian SSR, the Azerbaijan Soviet Socialist Republic, Azerbaijan SSR, the Byelorussian Soviet Socialist Republic, Byelorussian SSR, the Estonian Soviet Socialist Republic, Estonian SSR, the Georgian Soviet Socialist Republic, Georgian SSR, the Kazakh Soviet Socialist Republic, Kazakh SSR, the Kirghiz ...
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Currency Union
A currency union (also known as monetary union) is an intergovernmental agreement that involves two or more states sharing the same currency. These states may not necessarily have any further integration (such as an economic and monetary union, which would have, in addition, a customs union and a single market). There are three types of currency unions: * ''Informal'' – unilateral adoption of a foreign currency. * ''Formal'' – adoption of foreign currency by virtue of bilateral or multilateral agreement with the monetary authority, sometimes supplemented by issue of local currency in currency peg regime. * ''Formal with common policy'' – establishment by multiple countries of a common monetary policy and monetary authority for their common currency. The theory of the optimal currency area addresses the question of how to determine what geographical regions should share a currency in order to maximize economic efficiency. Advantages and disadvantages Implementing ...
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