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Armenian Currency Update: US Dollar Decreases, Euro and Pound Soar

The exchange rate of the US dollar in Armenia has reached 405.15 drams, showing a decrease of 0.03 drams compared to the previous day, according to the official website of the Central Bank.

Meanwhile, the exchange rate of the Euro has increased by 2.84 drams, reaching 450.85 drams. The British Pound has also seen an increase, with its exchange rate reaching 518.47 drams, up by 2.55 drams. The Russian Ruble, on the other hand, has experienced a slight increase of 0.07 drams, bringing its exchange rate to 4.49 drams.

When it comes to Armenian banks, the purchase price for the US dollar ranges from 400 to 403 drams, while the selling price ranges from 407.50 to 408 drams. In Eurobanks, the Euro is bought at 441-444 drams and sold at 457-459 drams. For Ruble banks, the Ruble is purchased at 4.17-4.44 drams and sold at 4.52-4.68 drams.

As for the official exchange rates, here are the current values for the major currencies:

  • The US dollar is bought at 404 drams and sold at 408.50 drams.
  • The Euro is bought at 440-444 drams and sold at 452 drams.
  • The Russian Ruble is bought at 4.30-4.40 drams and sold at 4.48-4.55 drams.

Sources: NEWS.am

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