The official currency of Armenia is the Dram (AMD), which is divided into 100 lumas. Foreign currency can be exchanged at banks as well as many hotels, with US dollars the most widely recognised and easily changed, although notes should be in good condition. Credit cards are not widely accepted other than in some large hotels and restaurants. Travellers cheques should be in US dollars to avoid additional charges. There are few ATMs in Yerevan. It is advisable to carry plenty of small change in local currency as shops and markets will often not have change.
Currency Exchange Rates
|Armenia||AMD 100||AMD 1,000||AMD 10,000||AMD 100,000||AMD 1,000,000|
|Australia||A$ 0.26||A$ 2.59||A$ 25.86||A$ 258.57||A$ 2,585.72|
|Canada||C$ 0.25||C$ 2.50||C$ 25.00||C$ 250.00||C$ 2,500.00|
|Ireland||€ 0.18||€ 1.82||€ 18.18||€ 181.75||€ 1,817.54|
|New Zealand||NZ$ 0.28||NZ$ 2.79||NZ$ 27.92||NZ$ 279.24||NZ$ 2,792.36|
|South Africa||R 2.45||R 24.52||R 245.23||R 2,452.31||R 24,523.15|
|United Kingdom||£ 0.13||£ 1.32||£ 13.20||£ 131.96||£ 1,319.57|
|United States of America||US$ 0.21||US$ 2.07||US$ 20.71||US$ 207.06||US$ 2,070.56|
Note: These currency exchange rates are not updated daily and should be used as a guideline only.
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