Currency.Wiki

1 Armenian Dram to Canadian Dollar

Updated 2 minutes ago
Convert 1 AMD:CAD
 AMD =
    CAD
 Armenian Dram =  Canadian Dollars
Trending: AMD exchange rates for the last 24 hours
  • AMD/USD 0.002579 0.00011166
  • AMD/EUR 0.002373 0.00008248
  • AMD/JPY 0.399845 0.02977261
  • AMD/GBP 0.002035 0.00007659
  • AMD/CHF 0.002330 0.00015868
  • AMD/MXN 0.042970 0.00091008
  • AMD/INR 0.215196 0.01034485
  • AMD/BRL 0.013233 0.00095907
  • AMD/CNY 0.018622 0.00106154

AMD/CAD exchange rate analysis over the past 90 days

Armenian Dram to Canadian Dollar exchange rate: Over the last 90 days, the Armenian Dram strengthened by 5.29% against the Canadian Dollar, moving from CA$0.0033 to CA$0.0035 per Armenian Dram. This trend reflects the evolving economic dynamics between the Armenia and the Canada. Factors influencing this rate may include:

  • Trade Dynamics: The balance of trade and investment between Armenia and Canada.
  • Regulatory Changes: Policies or regulations related to currency exchange or trade agreements between Armenia and Canada.
  • Economic Health: Indicators such as GDP growth, unemployment rates, or inflation in the Armenia or Canada.
  • Global Influences: Broader economic or geopolitical events that can impact both the Armenia and the Canada.

The foreign exchange market operates continuously, with currency values being affected by a myriad of global economic, political, and financial events.

amd/cad Historical Chart

AMD
Armenian Dram Currency

Country: Armenia

Symbol: AMD

ISO Code: AMD

Bank: Central Bank of Armenia

Interesting fact about Armenian Dram

The Armenian Dram (AMD) is the official currency of Armenia. It was introduced in 1993 to replace the Soviet ruble. The dram has played a crucial role in stabilizing the country's economy and promoting economic growth. It represents Armenia's economic independence and sovereignty, providing stability and confidence for both domestic and foreign investors.

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

Quick Conversion Guide

Frequently Asked Questions

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The Armenian Dram to Canadian Dollar exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 AMD to CAD is CA$0.
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Yes, our site provides historical charts that show the trends and fluctuations in the Armenian Dram to Canadian Dollar exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.