Dollar to Euro Rate
The best dollar to euro rate in Armenian banks on 28.10.2025. Based on the Central Bank of Armenia data, the chart shows changes in the USD to EUR exchange rate over the past week, month, and the current 2025 year. Choose the most favorable conditions for selling, buying, and exchanging dollars to euros at AFM.
Banks in Armenia with the best exchange rates
Exchange rates of other currencies
The Central Bank of Armenia sets official exchange rates for all major currencies on a daily basis. Among them is the USD to EUR rate, which serves as a benchmark for the banking system, government reports, and accounting.
It is important to understand that the CBA rate does not always match the actual exchange rate in banks or exchange offices. It has a reference function and allows tracking the dynamics of currency value changes.
When exchanging US dollars for euros in Armenia, it is necessary to take into account that each bank sets its own rates. The difference can be significant, especially for large transactions.
According to Armenian banks on 22.09.2025, 1 USD is about 381.5–385 drams, while 1 EUR is 447–455 drams. When recalculated, the USD to EUR rate in Armenia comes out to approximately 1 USD ≈ 0.84–0.86 EUR.
Key Features of Exchange Rates in Banks:
- Banks offer different prices for buying and selling currencies (spread).
- Rates are fixed in the morning but may be adjusted by evening.
- Some banks allow you to lock in the rate online and collect the currency at the branch later.
Thus, if you need the most favorable USD to EUR rate, it is better to compare offers from different Armenian banks in advance.
The USD/EUR rate is shaped by multiple factors:
- Global economy. Any news from the US or the Eurozone (interest rates, inflation, GDP) directly affects currency quotes.
- Energy market. Since Europe imports significant volumes of gas and oil, price changes influence the euro’s stability.
- Political stability. Sanctions, trade disputes, and geopolitics can cause short-term fluctuations in the rate.
- Local demand in Armenia. Vacation season, tourism growth, or business operations increase the need for euros, which affects local USD rates in banks and exchanges.
- Use online services for comparing rates. AFM collects data from all Armenian banks.
- Compare not only the rate but also possible commissions, which may sometimes be hidden in the terms of the transaction.
- For large amounts, check whether a personal rate is available at the bank.
- Monitor trends – sometimes it is better to wait 1–2 days if adjustments are expected.
To exchange currency in Armenia, you only need to present a passport or ID card. In some cases, banks may request additional information for amounts exceeding the legal limit under anti-money laundering regulations.
You can exchange USD for EUR:
- at bank branches,
- in licensed exchange offices,
- via online banking with subsequent cash collection.
On AFM you will find:
- up-to-date USD to EUR rates across all Armenian banks,
- a convenient chart of rate changes for a week, month, and year,
- a forecast of trends based on global developments,
- the ability to quickly select a bank with the most favorable exchange conditions.
Thus, AFM becomes a universal tool that saves time and money: you immediately see the differences between rates and make an informed decision on where to exchange.
The USD to EUR exchange rate in Armenia depends on both international factors and local bank policies. To avoid overpaying, it is important to compare current rates, check commissions, and use reliable services. AFM helps you find the best options in real time.