According to scholar and Armenologist Aram Ghanalanyan, the name is derived from the fact that the area of Yeghvard has been covered by a large forest, that was home to many types of roses and other flowers with strong fragrance and aroma.

It was first appeared in the historic chronicles of Catholicos Moses II of Yeghvard who reigned between 574 and 604 as the head of the Mother See of Holy Etchmiadzin.

During the ancient Kingdom of Armenia, the area of modern-day Yeghvard was part of the "Kotayk" canton of Ayrarat province.

It was a large three-nave basilica built during the 5th and 6th centuries, under the rule of the Amatuni Armenian noble dynasty.

According to the Catholicos of All Armenians John V the Historian, the monastic complex was built by prince Grigor I Mamikonian, between 666 and 685.

By the end of the 9th century, the village of Yeghvard became part of the newly established Bagratid Kingdom of Armenia.

Between the 11th and 15th centuries, Yeghvard suffered from the Seljuk, Mongol, Ag Qoyunlu and Kara Koyunlu invasions, respectively.

According to the Armenian historian Stepanos Orbelian of the 13th century, Yeghvard and the surrounding areas became part of the Kingdom of Georgian.

At the beginning of the 16th century, the territory of modern-day Kotayk region became part of the Erivan Beglarbegi within the Safavid Persia.

After the Russian conquest of Armenia in 1828, Yeghvard became part of the Armenian Oblast and subsequently of the Erivan Governorate formed in 1850.

It is located at the west of the central part of modern-day Armenia, 18 km north of the capital Yerevan.

Situated at the southern feet of Mount Ara (4.5 km south of the mountain), the town has an average height of 1333 meters above sea level.