Dram (AMD)

Daily Costs

  • B&B or guesthouse room AMD15,000–30,000
  • Two-course evening meal AMD6000
  • Museum entrance AMD500–1000
  • Beer (domestic) at a bar AMD500
  • 100km minibus ride AMD1200


  • Armenia’s currency is the dram (AMD). Coins are available in denominations of 10, 20, 50, 100, 200 and 500 dram. Paper currency is available in notes of 1000, 5000, 10,000, 20,000, 50,000 and 100,000 dram.
  • Every city and most towns have ATMs; some dispense American dollars as well as dram.
  • Western Union money transfer is not available in Armenia.

Exchanging Money

The best cash currencies are US dollars, euros and Russian roubles, roughly in that order. Georgian lari can also be changed in Yerevan and border towns. Other currencies are hard to change except at a handful of major banks in Yerevan. There are moneychanging signs waving flags and rates at customers everywhere in Yerevan and around shukas in all major towns. Virtually any shop can change money legally, and many food stores and smallgoods vendors do. Scams seem to be rare, and transactions straightforward.

Exchange Rates

AustraliaA$1339.64 AMD
CanadaC$1366.40 AMD
Euro zone€1544.27 AMD
Japan¥100403.47 AMD
NZNZ$1304.60 AMD
UKUK£1745.69 AMD
USAUS$1485.55 AMD


The usual tipping rule at cafes and restaurants is 10%.