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1 Euro to Armenian Dram

Updated 16 seconds ago
Convert 1 EUR:AMD
 EUR =
    AMD
 Euro =  Armenian Drams
Trending: € exchange rates for the last 24 hours
  • EUR/USD 1.071748 -0.01255298
  • EUR/JPY 167.004946 7.24508978
  • EUR/GBP 0.855278 0.00109654
  • EUR/CHF 0.976857 0.04233220
  • EUR/MXN 18.348147 -0.25352553
  • EUR/INR 89.450459 -0.66684072
  • EUR/BRL 5.484350 0.11489044
  • EUR/CNY 7.761600 0.05861645

EUR/AMD exchange rate analysis over the past 90 days

Euro to Armenian Dram exchange rate: Over the last 90 days, the Euro weakened by -5.20% against the Armenian Dram, declining from AMD438.6984 to AMD417.0004 per Euro. This trend reflects the evolving economic dynamics between the European Union and the Armenia. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between European Union and Armenia.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between European Union and Armenia.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the European Union or Armenia.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the European Union relative to the Armenia.

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

eur/amd Historical Chart

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro banknotes vary in color and size, with denominations ranging from €5 to €500. Each banknote represents a specific architectural period. The coins have a common European side and a national side, with values of 1 cent to €2. The designs portray national symbols, historic figures, and important cultural elements. Both the banknotes and coins include security features such as holograms, microprinting, and raised print to prevent counterfeiting.

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) banknotes come in denominations of 1000, 2000, 5000, 10000, 20000, and 50000. They feature prominent Armenian figures, architectural landmarks, and cultural symbols. The coins of 10, 20, 50, 100, and 200 drams depict national symbols, animals, and historical events. The banknotes and coins have various colors, intricate patterns, and security features like holograms, watermarks, and raised prints, ensuring their authenticity and durability.

Quick Conversion Guide

Frequently Asked Questions

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The Euro to Armenian Dram 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 EUR to AMD is AMD417.
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Yes, our site provides historical charts that show the trends and fluctuations in the Euro to Armenian Dram 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.