Money and duty free for Armenia
Currency and Money
Currency information
Armenian Dram (AMD) = 100 luma. Notes are in denominations of AMD50,000, 20,000, 10,000, 5,000 and 1,000. Coins are in denominations of AMD500, 200, 100, 50, 20 and 10.
Credit cards
Credit cards are widely accepted in Yerevan, particularly in hotels, larger restaurants, shopping centres and supermarkets. Visa and Mastercard are the most commonly accepted cards. Outside the capital and in smaller towns, cash remains more prevalent, and smaller establishments may not accept cards. Digital payments and contactless transactions are increasingly common in urban areas, though Armenia is still largely a cash-based society in rural regions.
ATM
ATMs are widely available in Yerevan and other major cities, and machines generally accept international bank cards. English-language instructions are typically available. In smaller towns and remote areas, ATM availability may be limited, so carrying sufficient cash when travelling outside major urban centres is advisable.
Banking hours
Mon to Fri, 09:00 to 15:30.
Currency restrictions
Travellers entering Armenia with cash exceeding US$10,000 (or the equivalent in other currencies) must declare it to customs authorities upon arrival. The export of Armenian dram is restricted, and visitors should retain official exchange receipts if they intend to reconvert local currency before departure.
Armenia duty free
Overview
Foreign visitors over the age of 18 may import certain goods into Armenia duty-free for personal use without incurring customs charges.
• Up to 200 cigarettes or equivalent tobacco products.
• 2 litres of alcoholic beverages.
• Other personal goods with a total value not exceeding approximately USD 500 and up to 50 kg in weight when arriving by air.
Banned Imports
Prohibited imports include weapons, narcotics, certain medications, sensitive electronic equipment (including drones and microchips), live animals and animal products. This list is not exhaustive. Travellers should consult the official customs website or contact the embassy or consulate near you for the most up-to-date information.
Banned Exports
Prohibited exports include agricultural products and whitefish caviar. Travellers should consult the official customs website or contact the embassy or consulate near you for the most up-to-date information.