Rate.am
How do I check the best exchange rate for a specific currency in Rate.am?
Just open the app and look at the main screen, which lists all currencies next to the Armenian Dram. You can tap the star icon next to a currency like USD or EUR to pin it to the top of your list for quick access, so you never have to scroll for your most-used rates.
Can I use Rate.am to calculate how much money I'll get before I go to the bank?
Yes, the built-in calculator is super straightforward. Tap on any currency, type in the amount you want to convert, and it instantly shows you exactly how many Armenian Drams you'll receive based on the current rates from various banks.
The exchange rate I see in the app doesn't match the rate at my bank's branch. What should I do?
Make sure you're looking at the correct bank's buy or sell rate in the app, as rates can vary by institution. If the discrepancy is small, it might be a timing issue, but if it's large, double-check that you haven't accidentally selected a different bank or currency pair.
I set up a price alert but haven't received a notification. How do I fix this?
First, check that you've enabled notifications for the Rate.am app in your phone's settings. Then, confirm that the alert is set for the correct currency and target rate, and that it's active rather than expired or paused.
How does Rate.am compare to using Google or my bank's app to check exchange rates?
Unlike Google, which often shows a mid-market rate you can't actually get at any bank, Rate.am pulls live buy and sell rates directly from Armenian banks. It's also faster than logging into multiple bank apps because it aggregates all their rates in one clean list, saving you time and potential money.
