Indicator notes

Pressure on the Armenian dram on April 26, 2025: 57.1 out of 100, in the “High pressure” zone. The previous reading, on April 25, 2025, was 53.9 (“Moderate pressure”): the indicator rose by 3.2 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 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 50.4 versus 42.9 and “Currency weakening” at 33.1 versus 28.1. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on April 22, 2025: 53.9 out of 100, in the “Moderate pressure” zone. The previous reading, on April 19, 2025, was 56.3 (“High pressure”): the indicator fell by 2.4 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 35.5 versus 43.1 and “Currency weakening” at 35.1 versus 37.4. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on March 18, 2025: 68.5 out of 100, in the “High pressure” zone. The previous reading, on March 15, 2025, was 58.1: the indicator rose sharply by 10.4 points. That meets our shift threshold of 10 points; the zone did not change. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. The indicator has now spent 6 trading days in a row in this zone. Biggest component moves: “International reserves” at 72.5 versus 40.7 and “Exchange rate volatility” at 58.3 versus 53.3. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on March 11, 2025: 57.3 out of 100, in the “High pressure” zone. The previous reading, on March 8, 2025, was 49.7 (“Moderate pressure”): the indicator rose by 7.6 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 5 trading days in a row. Biggest component moves: “Central bank policy rate” at 82.1 versus 51.8 and “Currency weakening” at 67.4 versus 67.2. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on March 4, 2025: 46.4 out of 100, in the “Moderate pressure” zone. The previous reading, on March 1, 2025, was 44.6 (“Low pressure”): the indicator rose slightly by 1.8 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 4 trading days in a row. Biggest component moves: “Exchange rate volatility” at 26.7 versus 20.1 and “Currency weakening” at 66.0 versus 65.2. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on February 26, 2025: 44.9 out of 100, in the “Low pressure” zone. The previous reading, on February 25, 2025, was 45.3 (“Moderate pressure”): the indicator fell slightly by 0.4 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 2 trading days in a row. Biggest component moves: “Exchange rate volatility” at 20.6 versus 21.4 and “Currency weakening” at 66.2 versus 67.0. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on February 22, 2025: 45.8 out of 100, in the “Moderate pressure” zone. The previous reading, on February 21, 2025, was 42.6 (“Low pressure”): the indicator rose by 3.2 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 5 trading days in a row. Biggest component moves: “Exchange rate volatility” at 23.0 versus 8.8 and “Currency weakening” at 67.8 versus 69.0. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on February 15, 2025: 43.3 out of 100, in the “Low pressure” zone. The previous reading, on February 14, 2025, was 49.3 (“Moderate pressure”): the indicator fell by 6.0 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 2 trading days in a row. Biggest component moves: “Exchange rate volatility” at 9.2 versus 33.2 and “Currency weakening” at 72.5 versus 72.6. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on February 13, 2025: 54.2 out of 100, in the “Moderate pressure” zone. The previous reading, on February 12, 2025, was 55.0 (“High pressure”): the indicator fell slightly by 0.8 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 12 trading days in a row. Biggest component moves: “Exchange rate volatility” at 33.1 versus 36.4 and “Currency weakening” at 73.3 versus 73.6. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on January 28, 2025: 61.8 out of 100, in the “High pressure” zone. The previous reading, on January 25, 2025, was 51.0 (“Moderate pressure”): the indicator rose sharply by 10.8 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: “Central bank policy rate” at 76.7 versus 49.3 and “Exchange rate volatility” at 29.0 versus 11.1. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on January 22, 2025: 53.9 out of 100, in the “Moderate pressure” zone. The previous reading, on January 21, 2025, was 55.6 (“High pressure”): the indicator fell slightly by 1.7 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. The indicator spent a single trading day in the “High pressure” zone. Biggest component moves: “Exchange rate volatility” at 22.3 versus 29.0 and “Central bank policy rate” at 49.0 versus 48.9. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on January 21, 2025: 55.6 out of 100, in the “High pressure” zone. The previous reading, on January 18, 2025, was 54.5 (“Moderate pressure”): the indicator rose slightly by 1.1 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: “Exchange rate volatility” at 29.0 versus 24.3 and “Currency weakening” at 84.8 versus 85.3. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on January 17, 2025: 54.8 out of 100, in the “Moderate pressure” zone. The previous reading, on January 16, 2025, was 59.3 (“High pressure”): the indicator fell by 4.5 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. Biggest component moves: “Exchange rate volatility” at 26.4 versus 44.0 and “Currency weakening” at 84.4 versus 84.6. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on January 16, 2025: 59.3 out of 100, in the “High pressure” zone. The previous reading, on January 15, 2025, was 70.9: the indicator fell sharply by 11.6 points. That meets our shift threshold of 10 points; the zone did not change. The “High pressure” zone covers readings from 55 to 75: pressure on the currency is clearly above usual. Biggest component moves: “Exchange rate volatility” at 44.0 versus 90.8 and “Currency weakening” at 84.6 versus 84.4. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on December 3, 2024: 63.3 out of 100, in the “High pressure” zone. The previous reading, on November 30, 2024, was 54.5 (“Moderate pressure”): the indicator rose by 8.8 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 89.2 versus 57.4 and “Currency weakening” at 88.0 versus 84.5. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on November 28, 2024: 46.3 out of 100, in the “Moderate pressure” zone. The previous reading, on November 27, 2024, was 44.8 (“Low pressure”): the indicator rose slightly by 1.5 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 5 trading days in a row. Biggest component moves: “Exchange rate volatility” at 29.2 versus 23.6 and “Currency weakening” at 79.9 versus 79.5. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on November 21, 2024: 44.5 out of 100, in the “Low pressure” zone. The previous reading, on November 20, 2024, was 45.2 (“Moderate pressure”): the indicator fell slightly by 0.7 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 2 trading days in a row. Biggest component moves: “Exchange rate volatility” at 24.2 versus 26.7 and “Central bank policy rate” at 45.3 versus 45.2. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on November 19, 2024: 45.1 out of 100, in the “Moderate pressure” zone. The previous reading, on November 16, 2024, was 43.5 (“Low pressure”): the indicator rose slightly by 1.6 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 59 trading days in a row. Biggest component moves: “Exchange rate volatility” at 26.6 versus 20.8 and “Currency weakening” at 77.9 versus 76.9. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on August 28, 2024: 43.5 out of 100, in the “Low pressure” zone. The previous reading, on August 27, 2024, was 45.7 (“Moderate pressure”): the indicator fell by 2.2 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 22 trading days in a row. Biggest component moves: “Exchange rate volatility” at 18.9 versus 27.0 and “Currency weakening” at 65.1 versus 65.8. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on July 27, 2024: 46.2 out of 100, in the “Moderate pressure” zone. The previous reading, on July 26, 2024, was 44.1 (“Low pressure”): the indicator rose by 2.1 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. Before that the indicator had stayed in the “Low pressure” zone for 9 trading days in a row. Biggest component moves: “Exchange rate volatility” at 25.9 versus 21.3 and “Currency weakening” at 54.4 versus 50.4. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on July 16, 2024: 40.3 out of 100, in the “Low pressure” zone. The previous reading, on July 13, 2024, was 46.0 (“Moderate pressure”): the indicator fell by 5.7 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 5 trading days in a row. Biggest component moves: “International reserves” at 68.4 versus 89.5 and “Exchange rate volatility” at 11.8 versus 13.3. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on July 9, 2024: 45.2 out of 100, in the “Moderate pressure” zone. The previous reading, on July 6, 2024, was 44.9 (“Low pressure”): the indicator rose slightly by 0.3 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. The indicator spent a single trading day in the “Low pressure” zone. Biggest component moves: “Exchange rate volatility” at 11.4 versus 10.4 and “Currency weakening” at 43.8 versus 43.7. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on July 6, 2024: 44.9 out of 100, in the “Low pressure” zone. The previous reading, on July 5, 2024, was 45.7 (“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 25 trading days in a row. Biggest component moves: “Exchange rate volatility” at 10.4 versus 14.0 and “Currency weakening” at 43.7 versus 43.2. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on May 31, 2024: 45.5 out of 100, in the “Moderate pressure” zone. The previous reading, on May 30, 2024, was 44.5 (“Low pressure”): the indicator rose slightly by 1.0 point 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: “Currency weakening” at 34.0 versus 32.0 and “Exchange rate volatility” at 31.9 versus 30.1. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on May 30, 2024: 44.5 out of 100, in the “Low pressure” zone. The previous reading, on May 29, 2024, was 48.0 (“Moderate pressure”): the indicator fell by 3.5 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 10 trading days in a row. Biggest component moves: “Exchange rate volatility” at 30.1 versus 42.9 and “Currency weakening” at 32.0 versus 33.4. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on May 16, 2024: 54.7 out of 100, in the “Moderate pressure” zone. The previous reading, on May 15, 2024, was 55.0 (“High pressure”): the indicator fell slightly by 0.3 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. The indicator spent a single trading day in the “High pressure” zone. Biggest component moves: “Exchange rate volatility” at 72.3 versus 73.3 and “Currency weakening” at 30.8 versus 31.2. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on May 15, 2024: 55.0 out of 100, in the “High pressure” zone. The previous reading, on May 14, 2024, was 53.8 (“Moderate pressure”): the indicator rose slightly by 1.2 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 16 trading days in a row. Biggest component moves: “International reserves” at 83.6 versus 78.9 and “Exchange rate volatility” at 73.3 versus 73.9. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on April 17, 2024: 54.4 out of 100, in the “Moderate pressure” zone. The previous reading, on April 16, 2024, was 55.1 (“High pressure”): the indicator fell slightly by 0.7 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. The indicator spent a single trading day in the “High pressure” zone. Biggest component moves: “Currency weakening” at 46.6 versus 49.2 and “Central bank policy rate” at 11.8 versus 11.7. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on April 16, 2024: 55.1 out of 100, in the “High pressure” zone. The previous reading, on April 13, 2024, was 52.0 (“Moderate pressure”): the indicator rose by 3.1 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: “Currency weakening” at 49.2 versus 42.8 and “Exchange rate volatility” at 78.9 versus 75.3. This describes that date's reading; it is not a forecast.

Pressure on the Armenian dram on April 10, 2024: 45.6 out of 100, in the “Moderate pressure” zone. The previous reading, on April 9, 2024, was 43.6 (“Low pressure”): the indicator rose by 2.0 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 9 trading days in a row. Biggest component moves: “Exchange rate volatility” at 62.2 versus 56.2 and “Currency weakening” at 30.1 versus 28.3. This describes that date's reading; it is not a forecast.