From the history of Armenian coins: No coins minted in Armenia in 1918-1924In 1924, the USSR government ruled to replace all bank notes circulated in Transcaucasia with the USSR currency of single design. ![]() In 1922, the Federation of Socialist Soviet Republics of Transcaucasia (FSSRT) was formed to include Soviet Socialist Republics of Armenia, Georgia and Azerbaijan, with a relevant treaty signed March 12, 1922 in Tiflis (Tbilisi). From the history of Armenian coins: currency of First Armenian RepublicThe Bons of the Transcaucasian Commissariat were printed with the value of 1, 3, 5, 10, 50, 100 and 250 rubles in 1918. ![]() The first branch of the State Bank of the Russian Empire was established in Yerevan in 1893. After the October Revolution in 1917, Transcaucasia, consisting of the Elisabethpol, Erivan and Tiflis Governorates populated by Armenians, Georgians and Caucasian Turks seceded from Russia and transformed into a unified independent Transcaucasian Commissariat, with the center in Tiflis. From the history of Armenian coins: Karabakh Khanate mintageWhen the Persian power weakened, half-independent khanates of Karabakh, Shirvan, Sheki, Ganja and others were established. ![]() In 996 by Muslim calendar (1588 AD), Karabakh and the surrounding territories belonging to Ottomans fell under the sway of Persian rulers. In the second half of the 18th century the Persian power weakened and half-independent khanates of Karabakh, Shirvan, Sheki, Ganja and others were established. Panah Ali Khan conquered the fortress of Shosh village and declared himself the Khan of Karabakh. From the history of Armenian coins. 1st ever paper money circulated in Armenia in 19th centuryAlong with paper money, gold, silver and copper coins were also circulated, with billon (low-grade silver) coins entering circulation later. ![]() In early 19th century, Eastern part of Armenia was annexed to the Russian Empire with the latter’s paper currency entering into circulation. This was the first time ever paper currency was circulated in Armenia to last for 100 years till 1917: among banknotes circulated were those of Russian emperors Alexander I, Nicholas I, Alexander II, Alexander III and Nicholas II. From the history of Armenian coins. Coins of Erivan (Yerevan) minted under Persian ruleAs a result of struggle between Akkoyunlu and Karakoyunlu tribes, some territories of the region had been under their alternate rule. ![]() The rule of the Hulaguids in Armenia was followed by numerous Muslim dynasties, including the Jalayirids, a Mongol Jalayir dynasty which ruled over Iraq and western Persia after the breakup of the Mongol Khanate of Persia (or Ilkhanate) in the 1330s. ![]() From the history of Armenian coinsCross as symbol of Christianity in Kingdom of Cilicia ![]() After the Kingdom of Cilicia was conquered by Mamluks, the Armenian coinage stopped for a long period of time. From the history of Armenian coins: First known coin with Armenian inscriptionThe Bagratid dynasty coins haven't been preserved, which leads to belief that Bagratid rulers did not mint their own currency. ![]() A royal dynasty of Bagratids formed in Armenia in late 9th century (885-1045 AD) as the central authority of the Arab Caliphate was waning. The rulers declared Ani as a new capital city. The period was marked by flowering of culture, expansion of trade, crafts, art and architecture in Armenia. From the history of Armenian coins. Arabic coins of Dvin, Sassanid drachmas and unique Umayyad dinarAfter the Arab Caliphate conquered Transcaucasia, an area called Arminia was formed, mostly occupying the territory of the historical Armenia. ![]() After the fall of the Parthian kingdom in the first half of the 3rd century, Sassanid rulers came to power, with their coins being widely circulated across the territory of Armenia. These coins totally differed from the Parthian ones in shape and size. From the history of Armenian coins. Armenia-themed coins minted in Ancient RomeA large group of Roman coins, minted following the conquest of Armenia, aimed to extol the emperor's achievements. ![]() Armenia found itself in a complicated situation after the downfall of Artashesian dynasty, having become an apple of discord between Rome and Parthia. Under an agreement between the two, a new royal dynasty was established in Armenia, with Parthian Arsacid (Arshakuni) Dynasty taking the throne to rule from 66 to 428 AD. From the history of Armenian coins. Ancient Armenian coins ‘knew no bounds’The only samples preserved are ascribed to Tigran I (and Tigran II the Great, whose silver and copper coins are known. ![]() In ancient times, each ruler had coins with his own image. It’s known that during the rule of Seleucid King Antiochus III the Great (223-187 BC), commander Artashes was appointed as governor of Armenia. The war with Romans, especially the Battle of Magnesia in 190 BC weakened the Seleucid Empire and Artashes, seizing the opportunity, declared himself an independent ruler and founded the Artashesian dynasty of Armenian kings (189 BC- 1 AD). | Economy: 4 rules for business success Arts & Showbiz: The Armenian girl and her Resignation Syndrome IT & Technology: Revolut launches in Armenia ![]() ![]() ![]() ![]() ![]() ![]() |