Currency.Wiki

1 US Dollar to Armenian Dram

Updated 2 minutes ago
Convert 1 USD:AMD
 USD =
    AMD
 US Dollar =  Armenian Drams
Trending: $ exchange rates for the last 24 hours
  • USD/EUR 0.933160 0.01090700
  • USD/JPY 155.863000 8.52399321
  • USD/GBP 0.798169 0.01039800
  • USD/CHF 0.911717 0.04984900
  • USD/MXN 17.115838 -0.03961000
  • USD/INR 83.462538 0.35158800
  • USD/BRL 5.117000 0.16500000
  • USD/CNY 7.242300 0.13820000

USD/AMD exchange rate analysis over the past 90 days

US Dollar to Armenian Dram exchange rate: Over the last 90 days, the US Dollar weakened by -3.99% against the Armenian Dram, declining from AMD404.5909 to AMD389.0843 per US Dollar. This trend reflects the evolving economic dynamics between the United States and the Armenia. Factors contributing to this weakening may include:

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

usd/amd Historical Chart

$
US Dollar Currency

Country: United States

Symbol: $

ISO Code: USD

Bank: Federal Reserve System

Interesting fact about US Dollar

The United States Dollar (USD) is the official currency of the United States. Its history dates back to 1792 when it was first established as the country's monetary unit. Today, the USD is one of the most widely accepted and recognized currencies globally. It serves as a symbol of economic strength, stability, and as a medium for international trade and transactions.

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.

Quick Conversion Guide

Frequently Asked Questions

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The US Dollar 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 USD to AMD is AMD389.08.
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Yes, our site provides historical charts that show the trends and fluctuations in the US Dollar 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.