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Armenia: dollar and euro continue to depreciate against dram

economy
Arshaluis Mgdesyan
20.03.24 17:00
58

The average exchange rate of the US dollar to the Armenian dram, formed on the currency market of Armenia as of March 20, 2024, was 399.77 drams. This signifies a decrease of 1.50 points compared to the rate on March 19.

Over the past few months, the dollar rate has been above 400 drams, and only on March 20 did it fall below this mark.

The euro rate also fell by 1.79 points to 433.35 drams. At the same time, the Russian ruble rate decreased by a negligible 0.03 points to 4.31 drams. This information was provided by the Central Bank website.

Below are the comparative data of exchange rates on March 20, 2024, and March 19, 2024:

March 20, 2024:

US dollar to AMD: 399.77

Euro to AMD: 433.35

Russian Ruble to AMD: 4.31

March 19, 2024:

US dollar to AMD: 401.27

Euro to AMD: 435.14

Russian ruble to AMD: 4.34

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