We present the exchange rates for foreign currencies bought and sold by Armenian banks as of November 13, according to rate.am. The U.S. dollar is purchased at an average rate of 385.13 AMD and sold at 390 AMD. The euro is purchased at 406.30 AMD and sold at 417.36 AMD, while the Russian ruble is bought at 3.85 AMD and sold at 4.12 AMD.
Analyzing Armenia’s exchange rates provides insights into the stability of the Armenian dram and its positioning within the regional and global markets. These rates historically highlight the influence of global market shifts on the Armenian economy and the local currency’s resilience.