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SCMPInside Taylor Swift and Travis Kelce’s big bash: a garden in the Garden·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·BBCDiesel sees biggest monthly fall in 26 years. What's happening to fuel prices?·NYTFed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago·CNBCInflation peaked in May as energy prices fell in June, Kalshi traders think·SCMPInside Taylor Swift and Travis Kelce’s big bash: a garden in the Garden·Bank of JapanOutput Gap, Potential Growth Rate, and Labor Market Indicators·NYTLatest Jobs Report Shows Labor Market Is Not a Source of Inflationary Pressure·NYTWhy the Jobs Market Has Wall Street and Washington on Edge·Bank of JapanJapanese Government Bonds Held by the Bank of Japan·BBCDiesel sees biggest monthly fall in 26 years. What's happening to fuel prices?·NYTFed’s Warsh Says Inflation Poses Less Risk Than a Few Weeks Ago·CNBCInflation peaked in May as energy prices fell in June, Kalshi traders think·
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Armenia

Armenian Dram (AMD)

35
Moderate
Risk
#82
of 171
Safer
than 52% of currencies
36
global avg score
$850
$1,000 in 5 years
Impact on Citizens

Citizens need modest returns of 4.8% per year to keep up. Inflation is low — a basic savings account or index fund is enough to stay ahead.See savings calculator ↓

Economic Indicators

Inflation Rate
3.3%
Debt to GDP
47.9%
GDP Growth
7.2%
Broad Money / GDP
61.3%

Banking & Stability

NPL Ratio
1.1%
Reserve Months
3.4
Current Account
-7.2%
FX Volatility
11.9

Governance & Markets

Rule of Law
Not available
Black Market Premium
Not available
Capital Controls
28.0
Peg Fragility
Not available

Currency Structure

Global Currency Role
70.0
FX Regime
managed float
Data Coverage
75.0%

Savings Impact Calculator

AMD
Holding cash in AMD3.3% inflation
AMD 850−AMD 150 (15% purchasing power lost)
Your AMD 1,000 buys 15% less in 5 years
What if you invested AMD 1,000 instead? (5yr, in AMD terms)
Hold USD Cash
AMD 872
AMD 128
-2.7%/yr net in AMD
S&P 500
AMD 1633
+AMD 633
range: AMD 746AMD 3215
10% USD return + 0.3% FX · ±16% vol
Gold
AMD 1490
+AMD 490
range: AMD 426AMD 4054
8% USD return + 0.3% FX · ±24% vol
Bitcoin
AMD 3089
+AMD 2089
range: AMD 184AMD 18.5k
25% USD return + 0.3% FX · ±54% vol

All values in AMD. USD-denominated assets (S&P 500, Gold, Bitcoin) include an estimated FX gain of ~0.3%/yr based on the inflation differential between Armenia (3.3%) and the US (~3%). This uses purchasing power parity as a long-run approximation — actual FX movements can differ significantly in the short term. S&P 500 based on 1957-2024, Gold on 2000-2024, Bitcoin on 2015-2024. Past performance does not guarantee future results. Not financial advice.

Data last updated: 2026-07-05