Currency

The official currency of Armenia is the Armenian Dram (AMD). 500, 1000, 5000, 10,000, 20,000, 50,000 and 100,000 dram bills are in circulation. 10, 20, 50, 100, 200 and 500 dram coins are also used. On the banknote are famous Armenian scientists, artists, as well as cultural and historical monuments. As of 1998 new banknotes were issued, and the old ones were removed from monetary circulation. Design of new banknotes of Armenian dram has been created by foreign experts from Germany and England. Tourists can easily exchange USD, Euro and Russian Ruble into AMD. Other currencies also can be exchanged into AMD, however not in all currency exchange offices and therefore it is recommended to have USD, Euro or Russian Ruble during a trip to Armenia.