Convert Australian Dollar to Armenian Dram
Convert Australian Dollar (AUD) to Armenian Dram (AMD) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Australian Dollar
The Australian Dollar (AUD), nicknamed the "Aussie", was introduced on 14 February 1966 when Australia decimalised its currency, replacing the Australian pound at two dollars to the pound. It is the fifth most traded currency in global foreign exchange markets, reflecting Australia's status as a major commodity exporter - particularly iron ore, coal, and gold. The Reserve Bank of Australia manages monetary policy. The AUD is also legal tender in several Pacific island nations including Kiribati, Nauru, and Tuvalu.
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.
Quick Reference Table
| Australian Dollar (AUD) | Armenian Dram (AMD) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).