Convert Armenian Dram to United States Dollar

Please provide values below to convert Armenian Dram [AMD] to United States Dollar [USD], or Convert United States Dollar to Armenian Dram.

How to Convert Armenian Dram to United States Dollar

1 AMD = 384.053 USD

Example: convert 15 AMD to USD:
15 AMD = 15 × 384.053 USD = 5760.795 USD

Armenian Dram to United States Dollar Conversion Table

Armenian Dram	United States Dollar

Armenian Dram

The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.

History/Origin

The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.

Current Use

The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.

United States Dollar

The United States Dollar (USD) is the official currency of the United States of America, used as a standard unit of monetary value and exchange.

History/Origin

The USD was established in 1792 with the Coinage Act, replacing the Continental Congress's Continental Currency. It has since become one of the world's dominant reserve currencies, influenced by the economic growth of the U.S. and global financial markets.

Current Use

The USD is widely used domestically and internationally for trade, investment, and as a reserve currency. It is the most traded currency in the foreign exchange market and is used as the standard currency in many international transactions.

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