Currency.Wiki

1 Armenian Dram to Euro

Updated 2 minutes ago
Convert 1 AMD:EUR
 AMD =
    EUR
 Armenian Dram =  Euros
Trending: AMD exchange rates for the last 24 hours
  • AMD/USD 0.002585 0.00011686
  • AMD/EUR 0.002388 0.00009731
  • AMD/JPY 0.404025 0.03395310
  • AMD/GBP 0.002052 0.00009348
  • AMD/CHF 0.002341 0.00016961
  • AMD/MXN 0.043548 0.00148800
  • AMD/INR 0.215823 0.01097188
  • AMD/BRL 0.013257 0.00098264
  • AMD/CNY 0.018671 0.00111071

AMD/EUR exchange rate analysis over the past 90 days

Armenian Dram to Euro exchange rate: Over the last 90 days, the Armenian Dram strengthened by 4.07% against the Euro, moving from €0.0023 to €0.0024 per Armenian Dram. This trend reflects the evolving economic dynamics between the Armenia and the European Union. Factors influencing this rate may include:

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

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

amd/eur 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.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Armenian Dram to Euro 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 EUR is €0.
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Yes, our site provides historical charts that show the trends and fluctuations in the Armenian Dram to Euro 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.