Currency in Armenia
The official currency is the Armenian dram. The name of the currency is derived from the Greek drachma. Word dramas translated into Russian as money. Own currency was launched in turnover at the end of 1993, before the Soviet rubles were used. To this day, in circulation are coins in denominations of 10, 20, 50, 100, 200 and 500 AMD, as well as bills in denominations of 1, 5, 10, 20, 50 and 100 thousand drams. Previously used and fractional values -luma. For release the money responsible Central Bank of Armenia.
Mention of the Armenian dram has since 1199for 1375 years. While silver coins called dram. When in March 1993 was established central bank, it had planned to introduce its own currency. It began the exchange of Soviet rubles for drama at the rate of 1 drum = 200 rubles. Full transition was made to the beginning of 1994.
What currency to take to Armenia
When traveling, many are thinking in Armeniawhat currency is best to take with you. In Armenia you can take dollars, euros or rubles. It is said that in any case it is necessary to exchange foreign currency imported to the local. Since Armenia is prohibited by law to pay for services in foreign currency.
Armenian Dram forbidden to import or export to the country. Import of currency in Armenia is possible only in a foreign form, with the amount of more than $ 2,000 must be declared.
Currency Exchange in Armenia
You can exchange foreign currency for local and backa variety of ways. The most convenient - is to appeal to a specialized exchange, here you get the best exchange rate and low fees. In addition, the exchange can make in airports, banks, etc.
As mentioned above, the payment of any servicesIt is possible only in local currency, so on arrival in the country will still have to apply to the exchange office at the airport, but there is better to change only the minimum required for travel to the city, where in the specialized exchange offices to exchange the remaining currencies.
Many services in the major cities in Armenia can bepay with the card, but it is better to clarify the possibility of payment in this way services. In the provinces, for example, almost never accept payment cards. Money in Armenia can withdraw from ATMs, which can be found on the streets, banks, etc.