Convert Hong Kong Dollar to Armenian Dram
Please provide values below to convert Hong Kong Dollar [HKD] to Armenian Dram [AMD], or Convert Armenian Dram to Hong Kong Dollar.
How to Convert Hong Kong Dollar to Armenian Dram
1 HKD = 0.0204393664416109 AMD
Example: convert 15 HKD to AMD:
15 HKD = 15 × 0.0204393664416109 AMD = 0.306590496624164 AMD
Hong Kong Dollar to Armenian Dram Conversion Table
| Hong Kong Dollar | Armenian Dram |
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Hong Kong Dollar
The Hong Kong Dollar (HKD) is the official currency of Hong Kong, issued by the Hong Kong Monetary Authority, and used for daily transactions and financial activities in Hong Kong.
History/Origin
The Hong Kong Dollar was introduced in 1935, replacing the Hong Kong British Pound, and has since evolved through various monetary arrangements, including pegging to the US Dollar since 1983 to stabilize the currency.
Current Use
Today, the HKD is widely used in Hong Kong for all forms of commerce, banking, and international trade, and is one of the most traded currencies in the world.
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.