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Understanding the Table:
The comparison table above helps you see the total cost of your currency transaction by showing the exchange rates offered by different providers. It also makes it easy to spot potential savings from market-leading FX services compared to bank rates.
To see a full list of available providers, simply enter your transaction type, details and click ‘GET RATES’.
US dollar (USD) to Armenian dram (AMD) market data - latest interbank exchange rate, trend, chart & historic rates.
Predicting exchange rate movements is always challenging, as they’re influenced by a wide range of economic and geopolitical factors. One useful way to assess the current value of the US dollar against the Armenian dram is to review how the USD/AMD rate has changed over time.
The table below shows the percentage change in the USD to AMD exchange rate across various timeframes—from the past 2 weeks to the last 20 years:
| Date | USD/AMD | Change | Period |
|---|---|---|---|
07 Jul 2023 | 386.19 | 0.1% ▲ | 2 Week |
22 Apr 2023 | 387.47 | 0.3% ▼ | 3 Month |
21 Jul 2022 | 413.72 | 6.6% ▼ | 1 Year |
22 Jul 2018 | 480.16 | 19.5% ▼ | 5 Year |
23 Jul 2013 | 413.66 | 6.6% ▼ | 10 Year |
26 Jul 2003 | 553.50 | 30.2% ▼ | 20 Year |
To help you understand the real-world value of the current exchange rate, the table below shows how much US dollar are worth in Armenian dram across a range of amounts.
This gives a quick view of what you’d get when converting different USD amounts at today’s rate * :
*Converted at the current USD-AMD interbank exchange rate. Calculate actual payout amounts for Send Money and Travel Money exchange rates.
How much does it really cost to live, work, or travel in ? Here's what to expect for daily expenses and expat living.
Travelers planning a 1-week mid-range stay in Armenia should budget approximately AMD 140,000 to AMD 210,000 (around $400 to $600), factoring in accommodations, meals, and activities. Daily expenses in Armenia can be surprisingly affordable, making it an attractive destination for those seeking value. Here’s a quick snapshot of typical daily expenses:
Overall, Armenia is considered a budget-friendly destination, significantly cheaper than the United States and the United Kingdom. For instance, a similar mid-range experience could cost you double in the US or 50% more in the UK. Travel here can provide the unique charm of rich culture and breathtaking landscapes without breaking the bank.
For expats considering a move to Armenia, typical monthly living costs can range between AMD 250,000 and AMD 450,000, depending on lifestyle and location. This includes essentials like rent, groceries, and transport. In urban areas like Yerevan, renting a one-bedroom apartment in the city center typically costs between AMD 80,000 and AMD 150,000.
When it comes to banking, credit and debit cards are widely accepted, but it is advisable to have some cash on hand for smaller transactions. Popular international services like Wise and OFX tend to offer better exchange rates and lower fees compared to exchanging currency locally. For sending and receiving money, utilizing these online transfer services can save expats both time and money, making financial transactions smoother and more economical.
View a full list of exchange rates by selecting your Base (from) currency:
