On 25 June 2012, the Central Bank of Armenia issued new 5,000-, 10,000-, and 20,000-dram notes (US$12, $24, and $48, respectively). These notes are like the preceding issues, but with subtle changes to several design elements, revised watermarks, new date (2012), and new signatures. On the 5,000-dram note the Kinegram at right front has been replaced by an open book, and a holographic stripe has been added at left front. On the 10,000- and 20,000-dram notes, the holographic stripes are different.
Courtesy of Thomas Augustsson, Mehdi Kasumov, Claudio Marana, and Armen Hovsepian.