Convert South African Rand to Armenian Dram
Convert South African Rand (ZAR) to Armenian Dram (AMD) using daily updated exchange rates.
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Exchange Rate
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About South African Rand
The South African Rand (ZAR) is the official currency of South Africa, taking its name from the Witwatersrand (White Waters Ridge), the major gold reef that underpins the Johannesburg metropolitan area and made South Africa the world's leading gold producer for much of the 20th century. Introduced in 1961 when South Africa became a republic, the rand replaced the South African pound. The South African Reserve Bank (SARB) manages monetary policy with a floating exchange 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.
Quick Reference Table
| South African Rand (ZAR) | 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).