Currency (Armenia)

The official currency in Armenia is the Armenian Dram (AMD). Bank notes come in denominations of 1000, 2000, 5000, 10000, 20000 and 50000. Coins come in denominations of 10, 20, 50, 100, 200, 500 Drams 

Here is a reference table of approximate exchange rates (for up-to-date exchange rates, please check xe.com before you travel).

1 unit of currency AMD
AU$1 247.04
NZ$1 223.05
US$1

396.40

Correct as of December 2024

 

Please Note:

  • All foreign currency will need to be declared on arrival and departure.
  • Ensure banknotes are in good condition before exchanging or accepting. Only use authorised foreign exchange providers.
  • USD and Euros can be readily exchanged. 
  • Credit cards and ATMs are widely used in Yerevan but less common outside major towns