Fri, 6 February
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Yerevan
USD: 378.01 RUB: 4.94 EUR: 445.56 GEL: 140.45 GBP: 513.64

Euro exchange rate to Armenian dram collapsed by 8.65 points

YEREVAN, May 12. /ARKA/. The average market exchange rate of the U.S. dollar to the Armenian dram on May 12, 2025, decreased by 0.39 points compared to May 8 and amounted to 388.86 drams.

Euro exchange rate plummeted by 8.65 points to AMD 430.74, while the ruble slightly increased by 0.0709 points to AMD 4.796, the Central Bank’s website reports.-0-

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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.

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.

Austrian insurance group GRAWE interested in entering the insurance business in Armenia

The Austrian insurance firm GRAWE is keen on entering the Armenian insurance market.

Central Bank of Armenia reduces maximum commission rates for cashless payments

Last week, the Central Bank of Armenia decided to reduce the fees banks charge businesses for cashless payments, Central Bank Governor Martin Galstyan announced.

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%.

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