Armenian dram strengthened against dollar by 3% since the beginning of 2025 – WB review

YEREVAN, July 28. /ARKA/. Since the beginning of 2025, the Armenian dram has strengthened against the US dollar by 3%, according to the World Bank’s monthly review “Armenia Monthly Economic Update. July 2025”.

“At the same time, during June, the dram slightly devalued against the US currency, while remaining stronger than in June 2024. On a monthly basis, the dram weakened by 0.1% against the US dollar and by 3.7% m/m against the euro,” the WB study says.

The Central Bank of Armenia’s settlement rates as of January 3, 2025 were – $1 – 396.9 drams, €1 – 408.17 drams, and as of June 30, respectively: $1 – 384.47 drams, €1 – 450.83 drams.

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