Euro Exchange Rate at Mellat Bank Today - 08.10.2026

The Euro (EUR) exchange rate at Mellat Bank is set independently by the bank based on the current situation in the international foreign exchange market. This page displays the current buy and sell rates for EUR, including the time of the latest update, as well as exchange rate trends for the selected period.

The buying rate is the amount in Armenian drams that the bank pays the customer when the customer sells foreign currency. The selling rate is the amount in AMD that the customer pays the bank when buying EUR. The difference between these values (the spread) represents the bank’s income from the exchange transaction.

The chart on this page allows you to track how the Euro exchange rate at Mellat Bank has changed over the selected period - 7 days, 30 days, a quarter, or a year. Analyzing the trend helps you choose the most favorable time for an exchange:

• If EUR is steadily rising against AMD - it may be more favorable to buy the currency earlier
• If the rate is falling - it may be more favorable to wait for a lower level
• Sharp fluctuations are usually related to decisions of the Central Bank of Armenia, the news environment, or developments in global markets

The Central Bank of Armenia sets the official EUR exchange rate daily based on market data. This rate is used for official calculations, accounting, and taxation, but commercial banks are not required to use it for currency exchange transactions.

On AFM.am, the Central Bank of Armenia rate is displayed alongside the commercial rate of Mellat Bank, allowing you to immediately assess the actual cost of the exchange and the size of the spread.

In addition to Mellat Bank, you can buy or sell EUR at other commercial banks in Armenia. Exchange rates differ from bank to bank - sometimes significantly. AFM.am provides a real-time comparison table of EUR exchange rates across all banks in Armenia. This allows you to find the most favorable offer within seconds without having to call banks individually.

Step 1 - Compare the EUR rate at Mellat Bank with offers from other banks in Armenia on AFM.am and choose the most favorable option

Step 2 - Confirm the current rate by phone or in the mobile application immediately before your visit - the rate changes throughout the day

Step 3 - Visit the nearest Mellat Bank branch with your passport or use online conversion through the mobile application (if you have an account with the bank)

Step 4 - Complete the transaction and keep the confirmation document

This page also provides cross rates for EUR against other major currencies: EUR, RUB, GBP, CNY, and others. The cross rate is calculated through AMD and allows you to estimate the cost of conversion between two foreign currencies without an intermediate exchange into Armenian drams.

1. What Is the Euro Exchange Rate at Mellat Bank Today?

   The current buy and sell rates for EUR at Mellat Bank are displayed at the top of the page together with the update time. The rate is updated several times during the day depending on conditions in the foreign exchange market.

2. Is It Favorable to Exchange Euro at Mellat Bank?

   You can compare the Mellat Bank rate with offers from all banks in Armenia in the table on this page. AFM.am displays real-time buy and sell rates for EUR across all banks - choose the most favorable offer within seconds.

3. What Is the Difference Between the Buying and Selling Rates for EUR?

   The buying rate is the amount in AMD that the bank pays the customer when the customer sells EUR. The selling rate is the amount in AMD that the customer pays the bank when buying EUR. The difference between them (the spread) is the bank’s income from the transaction. The smaller the spread, the more favorable the exchange conditions for the customer.

4. How Has the Euro Exchange Rate Changed Over the Last Month?

   The dynamics of the EUR exchange rate at Mellat Bank for any period - 7 days, 30 days, a quarter, or a year - can be tracked using the interactive chart on this page. The chart shows the buying rate and selling rate separately, as well as the Central Bank of Armenia rate for comparison.

5. Can I Buy Euro Online at Mellat Bank?

   Yes, customers of Mellat Bank who have an account with the bank can carry out a conversion through the mobile application or internet banking. The online rate may differ slightly from the cash desk rate. To receive EUR in cash, you need to visit a branch.

6. What Documents Are Required to Exchange Euro at Mellat Bank?

   To carry out an exchange transaction at the bank’s cash desk, you must present a passport or another identity document. Confirmation of the source of funds may be required for large transactions.

7. What Is the Official EUR Rate of the Central Bank of Armenia Today?

   The official EUR rate of the Central Bank of Armenia is displayed on this page next to the commercial rate of Mellat Bank. The Central Bank rate is set daily and is used for official calculations, but it is not applied to retail exchange transactions at bank cash desks.

8. Why Can the Euro Exchange Rate Differ Between Mellat Bank Branches?

   At some banks, the exchange rate may indeed vary slightly between branches. When data is available, AFM.am displays rates for individual Mellat Bank branches. We recommend confirming the current rate before visiting a specific branch.