π΅ Money
Currency
The Armenian Dram (AMD). Approximate exchange rate as of September 2026: ~364 AMD per USD, ~423 AMD per EUR. This moves daily β use it for rough budgeting only, not exact conversion.
Where to exchange
Licensed exchange bureaus (look for "ΥΥΈΥΥ‘ΥΆΥ‘Υ―ΥΈΦΥ΄" / "Exchange" signs) are everywhere in central Yerevan β in banks and shopping centers β and are usually commission-free with better rates than hotels or airport counters.
ATMs & cards
ATMs are widely available and accept Visa, Mastercard, Maestro and Cirrus (Amex sometimes; JCB, UnionPay and Discover generally not). If an ATM offers to "accept conversion" to your home currency, decline it and choose to be charged in AMD β the built-in conversion rate is usually worse. Cards are widely accepted in hotels, mid-range-and-up restaurants and supermarkets in Yerevan; smaller cafΓ©s, marshrutkas, and anywhere outside the capital lean cash β carry some AMD.
Tipping
Not obligatory, but increasingly common. Around 10% at restaurants is typical β check the bill first in case a service charge is already included. Rounding up for taxis, and small tips for guides or hotel staff, are appreciated but not expected.
π¦ Which banks work with your card
MIR (Russian) and UnionPay (Chinese) card support varies bank-to-bank in Armenia and changes without notice β always carry a backup Visa/Mastercard and some cash. β = supported, β = not supported, β οΈ = confirm before relying on it.
| Bank | Address | Phone | Cards issued | MIR | UnionPay |
|---|---|---|---|---|---|
| Ameriabank | 20/4 Mashtots Ave | +374 10 561111 | Visa, Mastercard, ArCa | β | β οΈ confirm ahead |
| ACBA Bank | 82β84 Aram St | +374 10 318888 | Visa, Mastercard, ArCa, AmEx, UnionPay | β οΈ ArCa MIR issuance unavailable | β |
| IDBank | 75 Baghramyan Ave | +374 10 593333 | Visa, Mastercard, ArCa | β | β οΈ |
| Ardshinbank | 13 Grigor Lusavorich St | +374 12 222222 | Visa, Mastercard, ArCa | β | β οΈ |
| Evocabank | 44/2 Hanrapetutyan St | +374 10 605555 | Visa, Mastercard, ArCa | β | β οΈ |
| VTB Bank Armenia | 48 Tigran Mets Ave | +374 10 513749 | MIR and others | β | β οΈ |
| Inecobank | Tumanyan St | +374 10 510510 | Visa, Mastercard, ArCa | β | β οΈ |
| Converse Bank | Republic Square | +374 10 511211 | Visa, Mastercard, ArCa | β | β οΈ |
| Unibank | Charents St | +374 10 592259 | Visa, Mastercard, ArCa | β | β οΈ |
| Fast Bank | Tumanyan St | +374 60 510000 | Visa, Mastercard, ArCa | β | β οΈ |