Euro to Dram Exchange Rate
The best euro to dram exchange rate in Armenian banks on 17.12.2025. Chart of the euro to AMD exchange rate changes based on Central Bank of Armenia data for the past week, month, and current 2025. Choose the most favorable conditions for selling, buying, and exchanging euros to drams on AFM.AM.
Banks in Armenia with the best exchange rates
The most profitable options so far
Central Bank Rates
Currency exchange rates in Armenian banks today
Last update: Dec 17, 10:38
EUR | ||
|---|---|---|
 Mellat Bank | 435 | 449 |
 Ardshinbank | 439 | 454 |
 Acba Bank | 439 | 451 |
 Unibank | 440 | 448 |
 IDBank | 440 | 453 |
 Ameriabank | 440 | 454 |
 Araratbank | 440 | 453 |
 Armeconombank | 441 | 452 |
 Evocabank | 441 | 452 |
 AMIO Bank | 441 | 454 |
 Artsakhbank | 442 | 453 |
 Inecobank | 442 | 452 |
 Byblos Bank | 442 | 454 |
 Converse Bank | 442 | 453 |
 ArmSwissBank | 443 | 449 |
 Fast Bank | 443 | 453 |
 VTB Bank | 445 | 449 |
The Central Bank of Armenia publishes the official euro to Armenian dram exchange rate every day. These figures are important for accounting, customs settlements, foreign trade, and international contracts.
For ordinary people, however, the Central Bank rate is not the actual exchange price but rather a benchmark. It helps to understand market direction — whether the euro is rising or the dram is strengthening. That’s why many follow the official rate, even though actual currency exchanges happen in banks or exchange offices.
In practice, exchanges are always carried out at rates set by the banks themselves.
- On average, the difference between buying and selling euros is 1–2%.
- In Yerevan, online banking often offers better rates than physical branches.
- It’s best to focus on large banks.
- If you need the exact EUR to AMD rate in Armenia today, compare several options. Even a difference of 5–10 drams per euro can lead to significant overpayments on large sums.
Daily fluctuations are caused by a combination of factors:
- Armenian economy – inflation, GDP, and Central Bank decisions.
- EU situation – ECB policies and eurozone inflation.
- Global economy – changes in commodity and energy prices.
- Remittances from abroad – currency demand depends on the flow of incoming money transfers.
- Seasonal factors – in summer and winter, demand for euros increases due to travel.
That’s why the EUR/AMD rate today can change not only daily but even several times within the same day.
To exchange currency with minimal losses:
- Compare euro exchange rates at several banks.
- Use online banking – rates are usually the most up-to-date there.
- Watch out for hidden commissions: sometimes an “attractive” rate results in extra costs.
- For large sums, ask if you can fix the rate in advance.
- For regular exchanges, use banking mobile apps, as they show real-time rates.
To complete a euro-to-dram exchange:
- Bring a passport or ID card (mandatory for large sums).
- Prepare cash or use a bank card.
- For major transactions, the bank may request proof of funds.
The exchange process usually takes just a few minutes, unless there are queues. Online exchanges may be even faster. For non-residents, the same rules apply, though sometimes extra paperwork is required.
AFM updates exchange rates across all banks in Armenia daily. On our website you can:
- Find the best EUR to AMD rate today in Yerevan and the regions.
- Compare buy and sell rates across banks.
- View EU – AMD rate charts for the past week, month, and throughout 2025.
- Explore forecasts and analytics to choose the best time for exchange.
This allows users to save both time and money by finding the most favorable conditions for currency exchange.