Indicator notes

Pressure on the Armenian dram on October 7, 2026: 56.0 out of 100, in the “High pressure” zone. The previous reading, on October 6, 2026, was 54.3 (“Moderate pressure”): the indicator rose slightly by 1.7 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 2 trading days in a row. Biggest component moves: “Currency weakening” at 32.8 versus 28.1 and “Exchange rate volatility” at 65.4 versus 63.4. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on October 3, 2026: 53.4 out of 100, in the “Moderate pressure” zone. The previous reading, on October 2, 2026, was 58.5 (“High pressure”): the indicator fell by 5.1 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 13 trading days in a row. Biggest component moves: “International reserves” at 27.3 versus 45.6 and “Currency weakening” at 33.3 versus 34.3. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on September 16, 2026: 59.1 out of 100, in the “High pressure” zone. The previous reading, on September 15, 2026, was 51.8 (“Moderate pressure”): the indicator rose by 7.3 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 3 trading days in a row. Biggest component moves: “Exchange rate volatility” at 59.1 versus 37.5 and “Currency weakening” at 33.0 versus 25.6. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on September 11, 2026: 47.6 out of 100, in the “Moderate pressure” zone. The previous reading, on September 10, 2026, was 44.0 (“Low pressure”): the indicator rose by 3.6 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 3 trading days in a row. Biggest component moves: “Exchange rate volatility” at 29.5 versus 20.0 and “Currency weakening” at 29.8 versus 24.6. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on September 8, 2026: 44.9 out of 100, in the “Low pressure” zone. The previous reading, on September 5, 2026, was 45.5 (“Moderate pressure”): the indicator fell slightly by 0.6 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 25.4 versus 26.7 and “Currency weakening” at 22.8 versus 23.8. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on September 2, 2026: 50.5 out of 100, in the “Moderate pressure” zone. The previous reading, on September 1, 2026, was 56.4 (“High pressure”): the indicator fell by 5.9 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 30 trading days in a row. Biggest component moves: “Exchange rate volatility” at 46.4 versus 68.6 and “Currency weakening” at 24.4 versus 25.7. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on July 22, 2026: 57.6 out of 100, in the “High pressure” zone. The previous reading, on July 21, 2026, was 53.0 (“Moderate pressure”): the indicator rose by 4.6 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 76.4 versus 66.1 and “Currency weakening” at 20.4 versus 12.5. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on July 16, 2026: 48.2 out of 100, in the “Moderate pressure” zone. The previous reading, on July 15, 2026, was 42.7 (“Low pressure”): the indicator rose by 5.5 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 76 trading days in a row. Biggest component moves: “Exchange rate volatility” at 37.2 versus 20.7 and “Currency weakening” at 22.2 versus 16.5. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on March 27, 2026: 40.1 out of 100, in the “Low pressure” zone. The previous reading, on March 26, 2026, was 45.3 (“Moderate pressure”): the indicator fell by 5.2 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 14.5 versus 38.6 and “Currency weakening” at 49.0 versus 45.9. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on March 21, 2026: 52.7 out of 100, in the “Moderate pressure” zone. The previous reading, on March 20, 2026, was 55.9 (“High pressure”): the indicator fell by 3.2 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 66.1 versus 79.3 and “Currency weakening” at 47.8 versus 47.4. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on March 17, 2026: 57.2 out of 100, in the “High pressure” zone. The previous reading, on March 14, 2026, was 48.6 (“Moderate pressure”): the indicator rose by 8.6 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 13 trading days in a row. Biggest component moves: “Central bank policy rate” at 84.5 versus 59.5 and “International reserves” at 12.2 versus 1.9. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on February 25, 2026: 47.7 out of 100, in the “Moderate pressure” zone. The previous reading, on February 21, 2026, was 43.0 (“Low pressure”): the indicator rose by 4.7 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 7 trading days in a row. Biggest component moves: “Exchange rate volatility” at 88.2 versus 77.7 and “Currency weakening” at 41.4 versus 32.8. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on February 13, 2026: 43.9 out of 100, in the “Low pressure” zone. The previous reading, on February 12, 2026, was 45.7 (“Moderate pressure”): the indicator fell slightly by 1.8 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 11 trading days in a row. Biggest component moves: “Exchange rate volatility” at 57.4 versus 65.6 and “Currency weakening” at 34.9 versus 34.2. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on January 29, 2026: 45.3 out of 100, in the “Moderate pressure” zone. The previous reading, on January 28, 2026, was 44.9 (“Low pressure”): the indicator rose slightly by 0.4 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 2 trading days in a row. Biggest component moves: “Exchange rate volatility” at 57.8 versus 56.8 and “Currency weakening” at 40.1 versus 39.7. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on January 27, 2026: 44.8 out of 100, in the “Low pressure” zone. The previous reading, on January 24, 2026, was 45.1 (“Moderate pressure”): the indicator fell slightly by 0.3 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 4 trading days in a row. Biggest component moves: “Currency weakening” at 39.2 versus 40.2 and “Exchange rate volatility” at 56.9 versus 57.0. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on January 21, 2026: 45.1 out of 100, in the “Moderate pressure” zone. The previous reading, on January 20, 2026, was 44.2 (“Low pressure”): the indicator rose slightly by 0.9 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Biggest component moves: “Currency weakening” at 40.0 versus 38.1 and “Exchange rate volatility” at 57.3 versus 55.7. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on December 16, 2025: 40.7 out of 100, in the “Low pressure” zone. The previous reading, on December 13, 2025, was 52.4 (“Moderate pressure”): the indicator fell sharply by 11.7 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 22 trading days in a row. Biggest component moves: “International reserves” at 12.8 versus 33.7 and “Central bank policy rate” at 64.9 versus 84.6. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on November 14, 2025: 48.7 out of 100, in the “Moderate pressure” zone. The previous reading, on November 13, 2025, was 42.4 (“Low pressure”): the indicator rose by 6.3 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 8 trading days in a row. Biggest component moves: “International reserves” at 35.8 versus 16.4 and “Currency weakening” at 56.3 versus 53.2. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on November 1, 2025: 42.9 out of 100, in the “Low pressure” zone. The previous reading, on October 31, 2025, was 46.2 (“Moderate pressure”): the indicator fell by 3.3 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 13 trading days in a row. Biggest component moves: “Exchange rate volatility” at 11.2 versus 23.5 and “Currency weakening” at 56.0 versus 56.3. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on October 15, 2025: 53.5 out of 100, in the “Moderate pressure” zone. The previous reading, on October 14, 2025, was 58.4 (“High pressure”): the indicator fell by 4.9 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 25 trading days in a row. Biggest component moves: “International reserves” at 18.4 versus 40.6 and “Currency weakening” at 50.2 versus 47.9. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on September 10, 2025: 55.8 out of 100, in the “High pressure” zone. The previous reading, on September 9, 2025, was 53.6 (“Moderate pressure”): the indicator rose by 2.2 points and crossed the 55 boundary. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Before that the indicator had stayed in the “Moderate pressure” zone for 11 trading days in a row. Biggest component moves: “Exchange rate volatility” at 43.2 versus 36.9 and “Currency weakening” at 39.0 versus 36.5. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on August 26, 2025: 45.6 out of 100, in the “Moderate pressure” zone. The previous reading, on August 23, 2025, was 44.5 (“Low pressure”): the indicator rose slightly by 1.1 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Exchange rate volatility” at 6.4 versus 3.9 and “Currency weakening” at 33.0 versus 31.0. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on August 23, 2025: 44.5 out of 100, in the “Low pressure” zone. The previous reading, on August 22, 2025, was 45.3 (“Moderate pressure”): the indicator fell slightly by 0.8 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 5 trading days in a row. Biggest component moves: “Exchange rate volatility” at 3.9 versus 6.8 and “Currency weakening” at 31.0 versus 30.9. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on August 16, 2025: 45.5 out of 100, in the “Moderate pressure” zone. The previous reading, on August 15, 2025, was 44.9 (“Low pressure”): the indicator rose slightly by 0.6 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Exchange rate volatility” at 7.2 versus 3.8 and “Currency weakening” at 30.4 versus 31.6. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on August 15, 2025: 44.9 out of 100, in the “Low pressure” zone. The previous reading, on August 14, 2025, was 45.1 (“Moderate pressure”): the indicator fell slightly by 0.2 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. The indicator spent a single trading day in the “Moderate pressure” zone. Biggest component moves: “Exchange rate volatility” at 3.8 versus 4.7 and “Currency weakening” at 31.6 versus 31.3. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on August 14, 2025: 45.1 out of 100, in the “Moderate pressure” zone. The previous reading, on August 13, 2025, was 33.6 (“Low pressure”): the indicator rose sharply by 11.5 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 21 trading days in a row. Biggest component moves: “International reserves” at 51.5 versus 6.2 and “Exchange rate volatility” at 4.7 versus 3.7. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on July 16, 2025: 44.9 out of 100, in the “Low pressure” zone. The previous reading, on July 15, 2025, was 46.0 (“Moderate pressure”): the indicator fell slightly by 1.1 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 9 trading days in a row. Biggest component moves: “Exchange rate volatility” at 57.4 versus 61.8 and “Currency weakening” at 23.1 versus 22.7. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on July 3, 2025: 46.5 out of 100, in the “Moderate pressure” zone. The previous reading, on July 2, 2025, was 44.3 (“Low pressure”): the indicator rose by 2.2 points and crossed the 45 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “Low pressure” zone for 12 trading days in a row. Biggest component moves: “Exchange rate volatility” at 69.2 versus 57.7 and “Currency weakening” at 19.1 versus 21.9. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on June 17, 2025: 41.1 out of 100, in the “Low pressure” zone. The previous reading, on June 12, 2025, was 47.3 (“Moderate pressure”): the indicator fell by 6.2 points and crossed the 45 boundary. The “Low pressure” zone covers readings from 25 to 45: pressure on the currency is weaker than usual. Before that the indicator had stayed in the “Moderate pressure” zone for 21 trading days in a row. Biggest component moves: “International reserves” at 0.1 versus 25.8 and “Currency weakening” at 13.2 versus 9.6. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on May 15, 2025: 48.0 out of 100, in the “Moderate pressure” zone. The previous reading, on May 14, 2025, was 57.1 (“High pressure”): the indicator fell by 9.1 points and crossed the 55 boundary. The “Moderate pressure” zone covers readings from 45 to 55: pressure on the currency is close to what is usual for its history. Before that the indicator had stayed in the “High pressure” zone for 9 trading days in a row. Biggest component moves: “International reserves” at 23.8 versus 58.5 and “Exchange rate volatility” at 52.6 versus 54.0. This describes that date's reading; it is not a forecast.