ArmInfo. The dram strengthened against the dollar in March 2018 by March 2017 by 0.9% against the background of the growth of consumer prices by 3.7%. According to the National Statistical Service of Armenia, in March 2018 the average calculated rate was 480.4 AMD/USD1, against 484.8 AMD/USD1 in March 2017 and 486.33 AMD/USD1- in March 2016.
In the first quarter of 2018, the appreciation of the dram against the dollar by 0.6% was observed against the background of inflation by 2.5%.
In March, 2018, the dram strengthened to the dollar by 0.2% with inflation of 0.1%.
A year earlier, in March 2017, by March 2016, the dram was also revalued against the dollar - by 0.3%, but then the consumer market was deflation of 0.1%. In the first quarter of 2017, against a background of inflation of 1.4%, AMD devalued against the dollar by 0.4%. Only in March 2017 the deflation of the demand by 0.3% was accompanied by the revaluation of the dram to the dollar by 0.3%.
At the retail currency market of Armenia, drams against the dollar strengthened by 480.5 AMD/USD1 on average on April 5, 2018, against 484.5 AMD/USD1 on December 29, 2017 and 484.5 AMD/USD1 on April 5, 2017.
