AMD to MXV

AMD - Armenian Dram (֏)
MXV - Mexican Investment Unit (MXV)
1 AMD1 MXV

Currency conversion rates from AMD to MXV

AMDMXV
1 AMD1 MXV
5 AMD5 MXV
10 AMD10 MXV
20 AMD20 MXV
50 AMD50 MXV
100 AMD100 MXV
250 AMD250 MXV
500 AMD500 MXV
1000 AMD1000 MXV
2000 AMD2000 MXV
5000 AMD5000 MXV
10000 AMD10000 MXV
MXVAMD
1 MXV1 AMD
5 MXV5 AMD
10 MXV10 AMD
20 MXV20 AMD
50 MXV50 AMD
100 MXV100 AMD
250 MXV250 AMD
500 MXV500 AMD
1000 MXV1000 AMD
2000 MXV2000 AMD
5000 MXV5000 AMD
10000 MXV10000 AMD

AMD - Armenian Dram (֏)

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.

Economy

  • 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.

History

  • 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.

More information about AMD - Armenian Dram (֏)


MXV - ()

The Mexican Unidad De Inversion is the currency in Mexico (MX, MEX). The symbol for MXV can be written UDI. The exchange rate for the Mexican Unidad De Inversion was last updated on Today from the Central Bank of Mexico. The MXV conversion factor has 7 significant digits. The Unidad de Inversion (literally unit of investment) is an index of funds controlled by the Mexican government and used in the Mexican credit industry.

More information about MXV - ()