The AMD strengthened to the USD and the EUR, becoming weaker to the RUR

ArmInfo. The Armenian  interbank currency market increased by 14.1% from December 11 to  December 15 (after a decline almost twofold a week earlier), and  during the week deals were made daily, but large volumes fell on  Thursday and Friday. In parallel with this, the intra-bank foreign  exchange market sharply intensified euro operations against the  background of a decline in interest in dollar transactions. The  exchange market is empty for the seventh month.

As a result, the dram against the dollar began to strengthen - from  485.3 to 481.8 AMD/USD1, continuing the revaluation to the EUR - from  571 to 568 AMD/EUR1, while adjusting for devaluation to the ruble -  from 8.1 to 8.2 AMD/RUR1. A year earlier, on December 15, 2016, the  exchange rate of the dram to the dollar was 484.5, to the euro - 511,  and to the ruble - 7.7, which, in comparison with the current rates,  indicates the annual devaluation of the dram to euro and ruble at  revaluation to the dollar.