Convert Armenian Dram to UAE Dirham
Convert Armenian Dram (AMD) to UAE Dirham (AED) using daily updated exchange rates.
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Exchange Rate
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About Armenian Dram
The Armenian Dram (AMD) became the official currency of Armenia in November 1993, replacing the Soviet ruble following the country's independence from the USSR in 1991. Its name derives from the historic silver coin used in medieval Armenia. The Central Bank of Armenia oversees monetary policy and issues dram banknotes and coins. Armenia's economy is heavily influenced by remittances from the Armenian diaspora and exports of diamonds, minerals, and brandy. The dram is divided into 100 luma, though luma coins are no longer in circulation due to low purchasing power.
About UAE Dirham
The UAE Dirham (AED) is the official currency of the United Arab Emirates, introduced in 1973 to replace the Qatar and Dubai Riyal. It has been pegged to the US Dollar at a fixed rate of 3.6725 AED per USD since 1997, providing exceptional monetary stability. The UAE's oil-driven economy and status as a global financial hub - particularly Dubai and Abu Dhabi - make the dirham one of the most stable currencies in the Arab world. The word "dirham" derives from the ancient Greek "drachma". Banknotes feature landmarks such as the Sheikh Zayed Grand Mosque and the Burj Khalifa.
Quick Reference Table
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).