Convert Armenian Dram to Iranian Rial
Please provide values below to convert Armenian Dram [AMD] to Iranian Rial [IRR], or Convert Iranian Rial to Armenian Dram.
How to Convert Armenian Dram to Iranian Rial
1 AMD = 0.00904981060500246 IRR
Example: convert 15 AMD to IRR:
15 AMD = 15 × 0.00904981060500246 IRR = 0.135747159075037 IRR
Armenian Dram to Iranian Rial Conversion Table
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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.
Iranian Rial
The Iranian Rial (IRR) is the official currency of Iran, used for everyday transactions and pricing within the country.
History/Origin
The Iranian Rial was introduced in 1932, replacing the Iranian Toman. It has undergone several redenominations and inflation periods, with the current form established in 2002 to address hyperinflation.
Current Use
Today, the IRR is the primary currency used in Iran for all financial transactions, though the currency experiences high inflation and is often used alongside other forms of payment such as digital currencies and foreign currencies in certain contexts.