AMD Market Update
13 May 2026 • 00:37 GMT
The Armenian Dram (AMD) has recently reached 90-day highs against the US Dollar, trading near 0.002717 — about 1.8% above its three-month average. The currency has remained stable within a narrow range between 0.002644 and 0.002717.
Recent developments support the AMD’s strength. The Armenian Central Bank raised its interest rate to 7.5% to help control inflation, while the government’s 2025 GDP growth forecast remains solid at 5%. Additionally, a 15% increase in tourist arrivals early this year is providing additional upward pressure on the currency.
Compared to other major currencies, the AMD has also gained against the euro, GBP, JPY, and CAD, all reaching their recent highs. The AMD to USD exchange in particular suggests cautious optimism among traders, with the currency maintaining stability near its recent peaks.
For traders and businesses, these developments highlight a fairly resilient AMD amidst global market fluctuations. As always, consider the broader economic context and local factors when planning your currency activities.