Convert Euro to Armenian Dram
Please provide values below to convert Euro [EUR] to Armenian Dram [AMD], or Convert Armenian Dram to Euro.
How to Convert Euro to Armenian Dram
1 EUR = 0.00222026647363775 AMD
Example: convert 15 EUR to AMD:
15 EUR = 15 × 0.00222026647363775 AMD = 0.0333039971045663 AMD
Euro to Armenian Dram Conversion Table
| Euro | Armenian Dram |
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Euro
The euro (EUR) is the official currency of the Eurozone, used by 19 of the 27 European Union member states, and is one of the world's major reserve currencies.
History/Origin
The euro was introduced in electronic form in 1999 and banknotes and coins entered circulation on January 1, 2002, replacing national currencies and fostering economic integration within the Eurozone.
Current Use
The euro is widely used across the Eurozone countries for everyday transactions, international trade, and as a reserve currency held by central banks worldwide.
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.