Convert British Pound Sterling to Armenian Dram
Please provide values below to convert British Pound Sterling [GBP] to Armenian Dram [AMD], or Convert Armenian Dram to British Pound Sterling.
How to Convert British Pound Sterling to Armenian Dram
1 GBP = 0.00192733815384856 AMD
Example: convert 15 GBP to AMD:
15 GBP = 15 × 0.00192733815384856 AMD = 0.0289100723077284 AMD
British Pound Sterling to Armenian Dram Conversion Table
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also 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.