Convert Canadian Dollar to Armenian Dram
Please provide values below to convert Canadian Dollar [CAD] to Armenian Dram [AMD], or Convert Armenian Dram to Canadian Dollar.
How to Convert Canadian Dollar to Armenian Dram
1 CAD = 0.00354768742855804 AMD
Example: convert 15 CAD to AMD:
15 CAD = 15 × 0.00354768742855804 AMD = 0.0532153114283706 AMD
Canadian Dollar to Armenian Dram Conversion Table
| Canadian Dollar | Armenian Dram |
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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.
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.