The only accepted form of cash payment is the national currency, the Armenian dram. There are exchange offices all over the city. Exchange points do not impose additional fees. The exchange rate may differ from place to place, but not by much, depending on the bank they are affiliated with. You can check out the official daily exchange rate set by the Central Bank of Armenia at www.cba.am. There are 7 denominations of paper money: 1.000, 2.000, 5.000, 10.000, 20.000, 50.000, 100.000 drams. There are six denominations of coins: 10, 20, 50, 100, 200 and 500 drams.


A cup of Eastern coffee at a Yerevan café or restaurant will cost you 400-800 drams.

A set of Armenian sweets and dried fruits costs 3.000-4.000 drams at the market.

A kilo of lavash (Armenian flatbread) is 500-600 drams.

You can buy Armenian beer from shops at 300-500 drams per bottle.

A bottle of mineral water is 150 drams.

Ice cream is 200-250 drams.

At the Vernissage: A hat with Armenian ornaments should cost about 4.000 drams; a carpet bag will be at least 5.000 drams.

Taxis charge a minimum fee of 600 drams. 100 drams/km is the standard rate.