10 Dram

The Republic of Artsakh — internationally unrecognized, largely dependent on Armenian political and financial support, and operating under the name Nagorno-Karabakh Republic until 2017 — issued its own currency despite having no formal monetary system independent of the Armenian dram. These notes were never used as a functioning circulating currency; they served primarily a symbolic and commemorative purpose, asserting statehood through the physical form of banknotes. The OeBS printing contract is notable: Vienna's security printer has produced notes for dozens of recognized sovereigns, and Artsakh sits in unusual company on that client list.