Armenian Dram (AMD) = 100 luma. Dram notes are printed in denominations of AMD50,000, 20,000, 10,000, 5,000, 1,000, 500, 200, 100, 50, 25 and 10. Coins are in denominations of AMD500, 200, 100, 50, 20, 10 and 1, and 50 and 20 luma.

Note: The government is intending to phase out all banknotes less than AMD500.

Foreign currencies can be exchanged at the airports, banks and most hotels and shops during normal opening hours. US Dollars are the most widely recognised foreign currency. Visitors using the national currency are advised to carry plenty of small change as some shops and, particularly markets, may be unable to accept large denominations.

Major credit cards are accepted in most cities. ATMs are available in major cities.

These are accepted in a few shops and hotels. To avoid additional exchange rate charges, travellers are advised to take traveller’s cheques in US Dollars.

Mon-Fri 0900-1500. Exchange offices are open until midnight and also operate at weekends and on public holidays.

Date	Apr 07
£1.00=	AMD714.27
$1.00=	AMD361.51
Eur;1.00=	AMD482.73

The following goods may be imported into Armenia by persons over 18 years of age without incurring customs duty:

• 400 cigarettes.
• 2l or one bottle of alcoholic beverage.
• 5kg of perfume (or perfume to the value of US$500).
• Other goods up to the amount of US$500, for personal use only.

It is advisable to declare valuables on arrival.

Weapons and ammunition, narcotics, pornography, fruit and vegetables (without proper documents).

Weapons, ammunition, narcotics, pornography, fruit and vegetables (without proper documents), works of art and antiques (unless permission has been granted by the Ministry of Culture). An export tax of approximately US$10 is payable on each item. Contact the Embassy for further information (see Contact Addresses).