AED to AMD
Currency conversion rates from AED to AMD
|1 AED||1 AMD|
|5 AED||5 AMD|
|10 AED||10 AMD|
|20 AED||20 AMD|
|50 AED||50 AMD|
|100 AED||100 AMD|
|250 AED||250 AMD|
|500 AED||500 AMD|
|1000 AED||1000 AMD|
|2000 AED||2000 AMD|
|5000 AED||5000 AMD|
|10000 AED||10000 AMD|
|1 AMD||1 AED|
|5 AMD||5 AED|
|10 AMD||10 AED|
|20 AMD||20 AED|
|50 AMD||50 AED|
|100 AMD||100 AED|
|250 AMD||250 AED|
|500 AMD||500 AED|
|1000 AMD||1000 AED|
|2000 AMD||2000 AED|
|5000 AMD||5000 AED|
|10000 AMD||10000 AED|
AED - United Arab Emirates Dirham (د.إ)
The United Arab Emirates dirham is the currency of the United Arab Emirates. The dirham is abbreviated by the currency code AED, and its symbol is د.إ. Unofficial abbreviations include ‘Dhs’ and ‘DH’. The most popular AED exchange is with Indian rupees (INR to AED). The dirham is a fiat currency, and its conversion factor has 6 significant digits.
The Dirham (AED) is the currency of the United Arab Emirates. 1 Dirham = 100 fils. Exchange can be done at a bank, but is less costly at an exchange office. The United Arab Emirates Dirham was pegged to the IMF’s drawing rights in 1978. In 1997 the Dirham was pegged to the US Dollar at 1 USD = 3.6725 dirham.
The United Arab Emirates Dirham is the currency in United Arab Emirates (AE, ARE, UAE). The symbol for AED can be written Dh, and Dhs. The United Arab Emirates Dirham is divided into 100 fils. The exchange rate for the United Arab Emirates Dirham was last updated on Today from The International Monetary Fund. The AED conversion factor has 6 significant digits.
- The United Arab Emirates is ranked second in the Corporation Council for the Arab States of the Gulf (CCASG).
- Natural gas and petroleum exports play an important role in the economy.
- The service sector is also an important source of income.
- Construction forms a huge part of the economy; there is currently an average of $350 billion in construction projects.
- The United Arab Emirates is part of the World Trade Organization.
- Imports are machinery, manufactured goods, and transport equipment.
- In 2009, 85% of exports were natural resources.
- The United Arab Emirates has the fastest-growing economy in the world.
- The original currency in the United Arab Emirates was the Bahraini Dinar.
- Before 1966 the United Arab Emirates used the Gulf Rupee.
- The United Arab Emirates dirham started circulating in December 1971. The dirham replaced the Dubai Riyal as well as the Qatar Riyal at par.
- From 1973 to 1982 the United Arab Emirates issued the Dirham.
- In 1976 the United Arab Emirates minted commemorative coins.
- In the late 1980s a fixed rate was established between the Dirham and the USD.
- 200-dirham denominations were produced only in 1989 and are scarce; however, the 200-dirham was re-introduced in May 2008 in a different color from the original.
- In 1997 the Dirham was pegged to the US Dollar.
AMD - Armenian Dram (֏)
The Armenian Dram (AMD) is the currency unit for Armenia. The Central Bank of Armenia owns the exclusive rights to issue the Dram. The symbol for the Dram has not yet become part of the Unicode standard.
The Armenian Dram is the currency in Armenia (AM, ARM). The Armenian Dram is divided into 100 luma. The exchange rate for the Armenian Dram was last updated on May 24, 2019 from Yahoo Finance. The AMD conversion factor has 5 significant digits.
- Before Armenia became independent, their economy was mainly industry-based: machinery, electronics, textiles, synthetic rubber, and processed food. Only 20% of the economy was agricultural products.
- The country developed its industries after 1991 and is now producing knitwear, shoes, silk, trucks, instruments, jewelry, software, brandy, metal-cutting machines, and is processing diamonds.
- Armenian mines form a large part of the economy: copper, zinc, lead, and gold.
- Armenia exports energy.
- Armenia’s economy does not have a strong history, due to the previous control by the Soviet Union.
- The country’s economy suffered a major draw back after the earthquake in 1998.
- Unemployment is a huge problem in Armenia.
- Originally silver coins called drams were used from 1199 to 1375.
- In 1991 Armenia became an independent republic, no longer part of the Soviet Union.
- In early 1993 the Central Bank of Armenia was opened, but Soviet Union banknotes still circulated until the end of 1993.
- The new Armenian Dram was also introduced at the end of 1993.
- Coins replaced the 50, 100, and 500 dram banknotes in 1998.
- After 2005 banknotes issued from 1993 to 1995 were taken out of circulation.
- A 500,000-dram banknote was issued in 2001 to commemorate Christianity in the country.