Armenian Dram (AMD) = 100 luma. Dram notes are printed in denominations of AMD50,000, 20,000, 10,000, 5,000, 1,000 and 500. Coins are in denominations of AMD500, 200, 100, 50, 20 and 10.
Set between the Black and Caspian Seas of western Asia, Armenia is well off the beaten travel path. Many travelers visit only briefly while en route to the larger tourist hubs of neighboring Iran or Turkey. However, from its white-capped peaks and gorgeous countryside to its hidden monasteries, ancient ruins and the surprisingly vibrant capital city of Yerevan, Armenia has enough cultural and natural attractions to keep travelers busy for much longer.
Education has traditionally always been highly rated in Armenia - in a country, which has 1600 years old history of literacy. From the very beginning, the school has been the basis of the nation's political and cultural survival and the incentive for national progress.