Money and duty free for Armenia

Currency and Money

Currency information

Armenian Dram (AMD) = 100 luma. Dram notes are printed in denominations of AMD50,000, 20,000, 10,000, 5,000, 1,000 and 500. Coins are in denominations of AMD500, 200, 100, 50, 20 and 10.

Credit cards

Major credit cards are accepted in most cities. There are ATMs in major cities.

ATM

There are ATMs in major cities.

Travellers cheques

These are accepted in a few shops and hotels. To avoid additional exchange rate charges, travellers are advised to take traveller's cheques in US Dollars.

Banking hours

Mon-Fri 0900-1500. Exchange offices are open until midnight and also operate at weekends and on public holidays.

Currency restrictions

Individuals can import and export the cash equivalent of €15,000.

Currency exchange

Foreign currencies can be exchanged at the airports, banks and most hotels and shops during normal opening hours. US Dollars are the most widely recognised foreign currency. Visitors using the national currency are advised to carry plenty of small change as some shops and, particularly markets, may be unable to accept large denominations.

Armenia duty free

Overview

Armenia duty-free allowance
The following goods may be imported into Armenia by travellers over 18 years of age without incurring customs duty and it is advisable to declare valuables on arrival:
• Goods up to AMD150,000 (around US$315) in value and not weighing more than 50kg, for personal use only.

Banned Imports

Live animals and plants, pornography, and objects of historical, cultural and archaeological value.

Banned Exports

Material containing state secrets, live animals and plants, unlabelled alcohol, pornography, and objects of historical, cultural and archaeological value.