Convert Armenian Dram to Mexican Peso

Please provide values below to convert Armenian Dram [AMD] to Mexican Peso [MXN], or Convert Mexican Peso to Armenian Dram.

How to Convert Armenian Dram to Mexican Peso

1 AMD = 20.5990602975724 MXN

Example: convert 15 AMD to MXN:
15 AMD = 15 × 20.5990602975724 MXN = 308.985904463587 MXN

Armenian Dram to Mexican Peso Conversion Table

Armenian Dram	Mexican Peso

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.

Mexican Peso

The Mexican Peso (MXN) is the official currency of Mexico, used for everyday transactions and financial exchanges within the country.

History/Origin

The Mexican Peso originated in the 19th century, evolving from the Spanish dollar and undergoing various reforms. It was decimalized in 1905 and has experienced multiple currency reforms, including the introduction of the current peso in 1993 to stabilize the economy.

Current Use

Today, the Mexican Peso is widely used in Mexico for all forms of payment, both cash and electronic, and is one of the most traded currencies in Latin America.

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