Convert Armenian Dram to Ugandan Shilling

Convert Armenian Dram (AMD) to Ugandan Shilling (UGX) using daily updated exchange rates.

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Armenian Dram (AMD)
Ugandan Shilling (UGX)

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 Ugandan Shilling

The Ugandan Shilling (UGX) has been the official currency of Uganda since 1987 - a reissued version replacing the old shilling following monetary reform. The Bank of Uganda manages monetary policy with a floating exchange rate and inflation-targeting framework. Uganda is an East African nation with a growing economy based on coffee (one of the world's top producers of the robusta variety), fisheries, tourism (mountain gorillas in Bwindi Impenetrable Forest), minerals, and oil reserves discovered in the Albertine Rift.

Quick Reference Table

Armenian Dram (AMD)Ugandan Shilling (UGX)
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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).

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