Euro and dollar exchange rates fall against Armenian dram

As of February 11, 2026, the average market exchange rate of the US dollar to the Armenian dram, established on the Armenian foreign exchange market, has dropped by 0.37 points from February 10, now standing at 377.51 drams.

The Armenian Ministry of Labor and Social Affairs has urged pensioners and benefit recipients who continue to receive payments in cash to choose a bank by March 5, 2026, to switch to cashless payments.

At its meeting on Monday, the Standing Committee on Financial, Credit, and Budgetary Affairs of the Armenian National Assembly approved the ratification of a €120.5 million loan agreement with the International Bank for Reconstruction and Development (IBRD, a World Bank entity) for the Tourism and Regional Infrastructure Development Program (TRIP) in Armenia.

The average market exchange rate for the US dollar against the Armenian dram on the Armenian foreign exchange market as of February 9, 2026, rose by 0.27 points compared to February 6, reaching 377.97 drams.

Armenia plans to bring the procedure for compensating social expenses for citizens who declare their income into line with amendments to the Tax Code, announced Finance Minister Vahe Hovhannisyan.