Armenian Dram (AMD)
a.k.a. AMD, Dram
The official currency of Armenia, code AMD, issued by the Central Bank of Armenia.
In plain English
The official currency of Armenia, code AMD, issued by the Central Bank of Armenia.
The Armenian dram (AMD) floats, with the central bank stepping in at times. Money sent home by Armenians working abroad, especially in Russia, plays a big part in its moves.
It is an exotic currency that you will rarely see on a retail platform.
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