The currency of Armenia is the Dram. The symbol called 'Luma' represents the Dram and looks like an upside-down telephone pole bending to the left. The denominations are:Banknotes: 500, 1000, 5000, 10000, 20000, 50000, 100000Coins: 10, 20, 50, 100, 200, 500If you think about 500 Drams being worth a Euro - this makes life a bit easier. Try and avoid getting an note above 5000. It just makes life difficult for you. Credit cards are accepted fairly well in Yerevan. I saw a lot of HSBC ATM Machines that are on the Cirrus and Plus Network. They accept, Visa, Mastercard and Arca (Armenian) Cards. I have a good tip about one of the grocery stores doing currency exchanges in Yerevan. There are several banks that will do this as well. Drams are convertible, but I would not take them out of Armenia. Also there is NO Black Market so don't even try.