Convert Australian Dollar to Armenian Dram
Please provide values below to convert Australian Dollar [AUD] to Armenian Dram [AMD], or Convert Armenian Dram to Australian Dollar.
How to Convert Australian Dollar to Armenian Dram
1 AUD = 0.00398174210330345 AMD
Example: convert 15 AUD to AMD:
15 AUD = 15 × 0.00398174210330345 AMD = 0.0597261315495517 AMD
Australian Dollar to Armenian Dram Conversion Table
| Australian Dollar | Armenian Dram |
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Australian Dollar
The Australian Dollar (AUD) is the official currency of Australia, used in its territories and some Pacific Island nations.
History/Origin
Introduced in 1966, replacing the Australian pound, the AUD was initially pegged to the British pound and later transitioned to a floating exchange rate system in 1983.
Current Use
The AUD is widely used in Australia and its territories, serving as a major currency in international trade and finance, and is one of the most traded currencies globally.
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.