Armenian Dram Exchange Rates Update: Central Bank Figures for August 17
The Central Bank of Armenia has released the official foreign exchange market data for Monday, August 17, 2026. The national currency, the dram, saw minor fluctuations, appreciating against the US dollar and Russian ruble, while slightly yielding to the euro.
According to official data published by the Central Bank of Armenia, the country's primary financial regulator, the foreign exchange market experienced slight shifts on August 17, 2026, compared to the previous trading session on August 14.
US Dollar and Euro Dynamics
The exchange rate for the euro in Armenia rose by 0.87 drams, reaching a value of 423.61 drams. Concurrently, the US dollar slightly depreciated, dropping by 0.32 drams, though some local financial sources have reported minor variances regarding the exact final figure.
Russian Ruble Fluctuations
The Russian ruble experienced a minimal fluctuation of 0.05 drams. The official price for the Russian currency was set at 4.31 or 4.3157 drams. Interestingly, local market reports have shown some discrepancies regarding whether the ruble saw an overall appreciation or depreciation during this trading window.
This article was generated automatically using AI based on reporting from established news sources. All sources are listed below.
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