Convert Swiss Franc to Armenian Dram
Please provide values below to convert Swiss Franc [CHF] to Armenian Dram [AMD], or Convert Armenian Dram to Swiss Franc.
How to Convert Swiss Franc to Armenian Dram
1 CHF = 0.00206976641244828 AMD
Example: convert 15 CHF to AMD:
15 CHF = 15 × 0.00206976641244828 AMD = 0.0310464961867242 AMD
Swiss Franc to Armenian Dram Conversion Table
| Swiss Franc | Armenian Dram |
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Swiss Franc
The Swiss Franc (CHF) is the official currency of Switzerland and Liechtenstein, used as a standard monetary unit for transactions and financial purposes.
History/Origin
The Swiss Franc was introduced in 1850, replacing various local currencies, and has since become a stable and widely recognized currency, with its value historically linked to gold until the abandonment of the gold standard in the 20th century.
Current Use
Today, the Swiss Franc is used primarily in Switzerland and Liechtenstein for everyday transactions, banking, and international trade, and is considered a major reserve currency 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.