Euro to Dollar Rate

The official euro to US dollar exchange rate is set by the Central Bank of Armenia (CBA). The CBA publishes data daily, based on stock market quotes and international currency markets. This rate reflects the average market value of the currency and is used for accounting, contracts, and tax reporting.

Tracking the official rate is important not only for companies but also for individuals. For example, when buying property in US dollars or receiving transfers from Europe, the amount in AMD depends directly on the CBA’s euro to dollar exchange rate.

If you are interested in cash exchange, banks play a key role. Each bank in Armenia sets its own rates for buying and selling euros. The difference between the official rate and a bank’s offer comes from service fees and risk margins.

The euro to dollar exchange rate in Armenian banks can be calculated today.

As of 22.09.2025, 1 euro costs about 447–455 drams, while 1 dollar is 381.5–385 drams. When recalculated, the euro to dollar exchange rate in Armenia comes out to approximately 1 EUR ≈ 1.17–1.19 USD.

In Yerevan and other regions, conditions may vary. Some banks provide better euro-to-dollar rates for large sums, while others offer favorable rates for online exchange through mobile apps.

AFM collects data from all Armenian banks and shows live euro to dollar rates online, allowing you to compare offers and choose the most convenient option.

The euro to US dollar rate is one of the main indicators of the global economy. Its dynamics are driven by:

• US and EU economies – Decisions of the Federal Reserve and the European Central Bank directly affect currency values.
• Inflation and interest rates – Rising US interest rates strengthen the dollar, while economic growth in Europe supports the euro.
• Political events – Sanctions, trade wars, and elections can cause sharp fluctuations in the exchange rate.
• Market trends – Major players in the currency market incorporate forecasts and expectations, which may lead to shifts even without obvious reasons.

For Armenia, the euro to dollar rate is especially significant, since both currencies are widely used for international settlements and money transfers.

To exchange currency with minimal losses, it is important to compare offers. You can do this in several ways:

1. Compare rates across different banks (AFM makes this easy).
2. Check exchange office rates (usually close to bank rates, but there may be exceptions).
3. Use online exchange through banking apps – these often provide better rates.
4. Monitor rate changes throughout the day: morning and evening rates may differ.

The best approach is to review current euro rates in advance and choose the bank offering the most favorable conditions for buying or selling.

To exchange euros for dollars at a bank, you usually need:

• A passport or ID card;
• Sometimes a bank card to complete the transaction (especially for online exchange);
• An amount that meets the bank’s minimum requirements.

Exchange restrictions are generally minimal. However, for large transactions, banks may request proof of funds in line with anti-money laundering regulations.

On the AFM website, you can:

• Check the euro to dollar rate online for today and tomorrow;
• Compare offers from all banks in Armenia in one table;
• Find the most profitable rate for buying or selling;
• Review exchange rate dynamics and build forecasts;
• Use a handy calculator to convert euros to dollars and vice versa.

This saves you time, as you no longer need to call banks or visit their websites separately.

The euro to US dollar exchange rate is an important indicator for anyone who holds savings in foreign currency, receives transfers, or plans travel. To avoid losses, it is essential to track current rates and select the most favorable offers.

AFM is your reliable tool: it combines official data from the Central Bank of Armenia with bank offers, exchange rate charts, and forecasts. This helps you make informed decisions and save on every currency exchange.