Convert Armenian Dram to Canadian Dollar
Please provide values below to convert Armenian Dram [AMD] to Canadian Dollar [CAD], or Convert Canadian Dollar to Armenian Dram.
How to Convert Armenian Dram to Canadian Dollar
1 AMD = 281.87376146789 CAD
Example: convert 15 AMD to CAD:
15 AMD = 15 × 281.87376146789 CAD = 4228.10642201835 CAD
Armenian Dram to Canadian Dollar Conversion Table
Armenian Dram | Canadian Dollar |
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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.
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.