US Dollar to Armenian Dram — exchange rate

Country of Circulation: United States, British Virgin Islands, Ecuador, Panama and others

Currency Code, Symbol: USD, $

Denominations of coins in circulation: 1¢, 5¢, 10¢, 25¢

Denominations of banknotes in circulation: $1, $2, $5, $10, $20, $50, $100

History: The US dollar ($) is the national currency of the United States of America, one of the global reserve currencies. It is used as an official currency unit in Salvador, Marshall Islands, Panama, Bermuda. USD is used as an abbreviation for convenience and internationalization purposes.The US dollar is subdivided into cents. Every dollar has 100 cents. The currency has existed since 1792. The first dollars were made out of silver, then paper notes appeared. They have had the traditional greenish or grey color from the outset. Around 35 million pieces of dollars of different denomination worth 635 million emigrate to the USA daily. 95% of the banknotes are to replace worn-out notes.Read More

Country of Circulation: Armenia, Artsakh

Currency Code, Symbol: AMD, ֏

Denominations of coins in circulation: 10֏, 20֏, 50֏, 100֏, 200֏, 500֏

Denominations of banknotes in circulation: 1000֏, 2000֏, 5000֏, 10,000֏, 20,000֏, 50,000֏

History: The Armenian dram (֏) is the national currency of the Republic of Armenia, used within the borders of this Caucasian country. Abbreviation AMD is used on the exchange market. 1 dram could be previously subdivided into 100 lum.However, there are no coins or notes worth less than 10 dram used right now. The currency was issued in 1993 after the dissolution of the Soviet Union. Before that, the Soviet rubles had been in use. The country’s symbol on the notes was presented as iconic figures from the Armenian people, and as great architectural and art monuments as well. Being decorated with a colorful design denomination introduces us the national coat of arms. The monetary unit’s name comes from the Greek drachma.Read More