USD to AMD Exchange Rate - Convert US Dollar to Armenian Dram

Converting from US Dollar (USD) to Armenian Dram (AMD)

What is US Dollar (USD)

The US Dollar (USD) is the official currency of the United States and is one of the most widely used currencies in the world. It is often considered a global benchmark for evaluating other currencies. The symbol for the US Dollar is $, and it is subdivided into cents, with 100 cents making up one dollar.

The US Dollar is managed by the Federal Reserve, which is the central bank of the United States. The dollar is not only used for domestic transactions but is also frequently utilized in international trade and finance. Because of its widespread acceptance, many countries peg their own currencies to the dollar or use it as a reserve currency.

The exchange rate of USD against other currencies, including the Armenian Dram, fluctuates based on various factors such as economic indicators, inflation rates, and political stability. This means that the value of USD can vary significantly over time and when converting it to other currencies, it is essential to check the current exchange rate.

What is Armenian Dram (AMD)

The Armenian Dram (AMD) is the official currency of Armenia, established in 1993. The symbol for the Armenian Dram is ֏, and it is subdivided into 100 luma. The dram was introduced after Armenia gained independence from the Soviet Union, replacing the Soviet ruble at that time.

The Central Bank of Armenia is responsible for issuing and regulating the Armenian Dram. Like many currencies, the value of AMD is influenced by multiple economic factors, including inflation, trade balance, and foreign investment. Since the dram is less widely recognized than the US dollar, it may not be readily accessible outside of Armenia.

When converting USD to AMD, it’s vital to check the prevailing exchange rates, as they can be affected by changes in the global economy. Factors such as tourism flow, remittances from Armenians working abroad, and other economic activities can lead to fluctuations in the value of the dram.

To perform a conversion, you can use online currency converters or financial services that provide up-to-date rates. As of the latest data, the exchange rate widely varies, so you may find different rates from various sources. For instance, if you have 100 USD and the conversion rate is 1 USD = 400 AMD, you would receive 40,000 AMD for your 100 USD.

In summary, while the US Dollar is one of the most dominant currencies globally, the Armenian Dram holds significant importance in Armenia. Understanding the conversion process is essential for anyone looking to engage in financial transactions involving these currencies.

US Dollar to Armenian Dram conversion table

USD to AMD conversion table

US Dollar (USD)Armenian Dram (AMD)
1 USD393.42595998866 AMD
2 USD786.85191997732 AMD
3 USD1 180.27787996598 AMD
4 USD1 573.70383995464 AMD
5 USD1 967.1297999433 AMD
6 USD2 360.55575993196 AMD
7 USD2 753.98171992062 AMD
8 USD3 147.40767990928 AMD
9 USD3 540.83363989794 AMD
10 USD3 934.2595998866 AMD
100 USD39 342.595998866 AMD
200 USD78 685.191997732 AMD
300 USD118 027.787996598 AMD
400 USD157 370.383995464 AMD
500 USD196 712.97999433 AMD
600 USD236 055.575993196 AMD
700 USD275 398.171992062 AMD
800 USD314 740.767990928 AMD
900 USD354 083.363989794 AMD
1 000 USD393 425.95998866 AMD
2 000 USD786 851.91997732 AMD
5 000 USD1 967 129.7999433 AMD
10 000 USD3 934 259.5998866 AMD
20 000 USD7 868 519.1997732 AMD
50 000 USD19 671 297.999433 AMD
100 000 USD39 342 595.998866 AMD
Last updated March 14, 2025 at 05:55 AM