The ruble (, ) was the independent currency of the First Republic of Armenia and the Armenian Soviet Socialist Republic between 1919 and 1923. It replaced the first Transcaucasian ruble at par and was replaced by the second Transcaucasian ruble after Armenia became part of the Transcaucasian Soviet Federal Socialist Republic. No subdivisions of the ruble were issued and the currency existed only as banknotes.
The Armenian SSR issued denominations between 5,000, 10,000, 25,000, 100,000, 500,000, 1,000,000, and 5,000,000 rubles. These notes bore Armenian and Russian texts together with communist slogans in various languages on the reverses.
>+ Banknotes issued in Armenia | 100px]] | 100px]] | 100px]] | 100px]] | 100px]] | 100px]] | 100px]] |
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'''5 ruble 1919''' | '''50 ruble 1919''' | '''250 ruble 1919''' | '''500 ruble 1919''' | '''1000 ruble 1919''' | '''5000 ruble 1919''' | '''10000 ruble 1919''' |
>+ Banknotes issued in Great Britain | 190px]] | 190px]] | 190px]] |
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'''50 ruble 1920(real)''' | '''100 ruble 1920(real)''' | '''250 ruble 1920(real)''' |
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