Convert Armenian Dram to New Zealand Dollar
Convert Armenian Dram (AMD) to New Zealand Dollar (NZD) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
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 New Zealand Dollar
The New Zealand Dollar (NZD), nicknamed the "Kiwi" after the native flightless bird on the one-dollar coin, was introduced in 1967 when New Zealand decimalised its currency. It is the tenth most traded currency in global foreign exchange markets. The Reserve Bank of New Zealand (RBNZ) manages monetary policy with an inflation-targeting floating exchange rate. New Zealand's export-oriented economy is based primarily on dairy products, meat, wool, and wine, alongside tourism and financial services.
Quick Reference Table
| Armenian Dram (AMD) | New Zealand Dollar (NZD) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).