Wed, 4 February
6.1 C
Yerevan
USD: 378.26 RUB: 4.93 EUR: 446.88 GEL: 140.65 GBP: 518.67

Armenian Dram In November Depreciated Against Us Dollar By 1.6%

YEREVAN, December 2. /ARKA/. In the currency market of Armenia in November compared to October, increase of AMD against USD by 1.6% was recorded in 1.2% price increase in the consumer market, evidence the data of Armenian National Statistic Service for November 2011 provided to ARKA News Agency.

In November 2011 compared to December of the last year, increase of consumer prices by 2.1% was accompanied by the increase of calculated rate of 6.2%.

In November, average calculated rate was 382.83 drams per $1 which is by 5.9% more than the existing indicator in November 2010 – 361.4 drams per $1 . ($1 – 381.06 drams). –0–

spot_img

POPULAR

Net inflow of money transfers to Armenia from abroad increased by 8.6% in 2025

The net inflow of cross-border remittances to individuals in Armenia, received from abroad through the Armenian banking system, amounted to $1.64 billion in January-December 2025, compared to $1.51 billion in January-December 2024, according to a report from the Central Bank.

First deal in Armenian insurance market: Grawe Group and C-Quadrat acquire LIGA Insurance

On January 30, the Central Bank of Armenia approved the acquisition of 100% of the shares of LIGA INSURANCE by the Austrian Grawe Group and C-Quadrat Investment Group.

Euro, dollar, and ruble drop against Armenian dram

As of February 3, 2026, the average exchange rate of the US dollar against the Armenian dram in the Armenian foreign exchange market has risen by 0.59 points from February 2, now standing at 378.44 drams.

Board of the Central Bank of Armenia left the refinancing rate unchanged at 6.50%

At its meeting on February 3, the Board of the Central Bank of Armenia kept the refinancing rate at 6.50%.

Euro drops against Armenian dram while US dollar ups a little

The average market exchange rate for the US dollar to the Armenian dram on February 2, 2026, increased by 0.39 points compared to January 30, reaching 379.03 drams.

LATEST NEWS

spot_imgspot_imgspot_img