Convert Kazakhstani Tenge to Armenian Dram
Convert Kazakhstani Tenge (KZT) to Armenian Dram (AMD) using daily updated exchange rates.
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Exchange Rate
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About Kazakhstani Tenge
The Kazakhstani Tenge (KZT) became the official currency of Kazakhstan in November 1993, replacing the Soviet ruble following independence in 1991. Kazakhstan is Central Asia's largest and wealthiest economy, possessing enormous reserves of oil, natural gas, uranium (the world's top uranium producer), copper, zinc, and other minerals. The National Bank of Kazakhstan manages monetary policy. The tenge experienced significant devaluations in 2009 and 2015 in response to falling oil prices and the devaluation of the Russian ruble.
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
| Kazakhstani Tenge (KZT) | Armenian Dram (AMD) |
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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).