Convert Dominican Peso to Armenian Dram
Please provide values below to convert Dominican Peso [DOP] to Armenian Dram [AMD], or Convert Armenian Dram to Dominican Peso.
How to Convert Dominican Peso to Armenian Dram
1 DOP = 0.157142373578647 AMD
Example: convert 15 DOP to AMD:
15 DOP = 15 × 0.157142373578647 AMD = 2.3571356036797 AMD
Dominican Peso to Armenian Dram Conversion Table
| Dominican Peso | Armenian Dram |
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Dominican Peso
The Dominican Peso (DOP) is the official currency of the Dominican Republic, used for everyday transactions and financial exchanges within the country.
History/Origin
The Dominican Peso was introduced in 1947, replacing the Dominican Republic peso at a rate of 1 peso to 1 peso. It has undergone various reforms and decimalization over the years to stabilize the economy and modernize the currency system.
Current Use
Today, the Dominican Peso remains the official currency of the Dominican Republic, widely used in all sectors of the economy, with banknotes and coins circulating throughout the country and in international transactions involving the Dominican Republic.
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.