Armenia drams gains by one point against USD

At a meeting on Thursday, the Armenian government approved the ratification of a €6 million grant agreement with the European Bank for Reconstruction and Development (EBRD) for the Yerevan Customs and Logistics Center project.

As of February 16, 2026, the average market exchange rate for the US dollar to the Armenian dram increased by 0.73 points compared to February 13, reaching 377.67 drams.

The Armenian cryptocurrency market is gaining momentum: 2-3 banks plan to obtain separate licenses to handle these operations, Daniel Azatyan, head of the Union of Banks of Armenia (UBA), stated in response to a question from ARKA news agency.

The average market exchange rate for the US dollar to the Armenian dram, formed on the Armenian foreign exchange market as of February 20, 2026, fell by 0.12 points compared to February 19, to 376.82 drams.

By February 19, 2026, 21,539 citizens in Armenia have voluntarily switched to cashless pension and benefit payments, announced Minister of Labor and Social Affairs Arsen Torosyan.