What is the Armenian currency and its exchange rate?
The official currency of Armenia is the Armenian dram (AMD). Exchange rates fluctuate daily: check current rates before departure as they change constantly based on economic conditions.
The Armenian Dram (AMD)
The Armenian dram (symbol: ֏, ISO code: AMD) has been the national currency since 1993. It is subdivided into 100 lumas, although these small coins are no longer used in practice.
Exchange rate and evolution
The exchange rate of the dram against the euro varies daily according to financial markets. Historically, it has fluctuated between 400 and 600 drams per 1 euro in recent years.
- Checking rates: check banking websites or exchange applications before your departure
- Exchanging on site: currency exchange offices in city centers and airports
- ATMs: available in all cities to withdraw drams directly
Advice from our local agency
Bring euros in cash for small local expenses, but prefer withdrawals at ATMs to get the best rate. Bank cards are accepted in most shops in Yerevan.