Dollar in Armenia Drops Sharply: Exchange Rate Update for April 28, 2026

As of April 28, 2026, the US dollar exchange rate in Armenia has continued its decline. According to Central Bank data, the rate fell to 376.47 AMD, which is 0.15 drams lower than the previous day.

Currency Market Overview

USD

1. CBA Rate: 376.47 AMD
2. Change: −0.15 AMD per day
3. Best bank buy rate: from 369.5 AMD (ArmSwissBank)
4. Best sell rate: from 373 AMD (Unibank)

The dollar is weakening significantly, this is no longer a one-time fluctuation but a continuing trend.

EUR

1. CBA Rate: 434.9 AMD
2. Change: −0.06 AMD
3. Buy rate: from 431 AMD
4. Sell rate: up to 437 AMD

The Euro is also decreasing, though less noticeably.

RUB

1. CBA Rate: 4.75 AMD
2. Change: −0.0109 AMD
3. Buy rate: up to 4.9 AMD
4. Sell rate: up to 5.03 AMD

The Ruble remains volatile but overall shows a decline.

Why This Matters

The decline of the dollar directly impacts market behavior:

1. Imports become cheaper, which may help contain inflation.
2. Holding savings in dollars is currently less profitable in the short term.
3. AMD-denominated loans and deposits are becoming more attractive.

Current Recommendations

If you are planning foreign exchange operations, keep these points in mind:

1. Buying USD is more profitable now than a few days ago.
2. This is not the most advantageous time to sell dollars.
3. It may be worth reconsidering which currency you use for your savings.