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AMD flagArmenian Dram
(AMD) Insights

Currency of small Caucasian economy; significant diaspora (Armenian diaspora worldwide one of world's most influential); diamond cutting and cognac/brandy major exports; EAEU member; EU partnership agreement (CEPA); post-2022 beneficiary of Russian business relocation

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Currency Snapshot

Technical specifications, central bank governance, and market standing for Armenian Dram.

ISO Code

AMD

Standardized ISO 4217 Currency Code

Symbol

֏

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Luma Decimals

Subdivision unit definition

Region

Armenia

AMD Primary AreaGlobal Trade
Central Bank

Central Bank of Armenia (CBA)

Central Bank of Armenia (CBA)

Pegged Currency

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Market-determined exchange rate mechanism

Currency Standard: Fiat

Classified as Fiat in global trade networks

Banknotes

֏ 1

Coins

֏ 10

Global Network Integration

The FX Intelligence terminal maps the institutional footprint of the Armenian Dram, highlighting cross-border utilization and primary trading corridors.

Fiat
Classification
USD/AMD
Top Pair Mapping
Armenia
Main Adoption Regions
Armenian Dram Trading Terminal

Verified Authority

Regulated data streams mapped to Central Bank of Armenia (CBA).

AMD Market Insights

Deep-dive analysis of the Armenian Dram's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

Cheaper imports; lower diamond/cognac export revenues; lower inflation; remittances worth less

Weak Currency Impact

Weak Currency Impact

Higher remittance values; lower import inflation; diaspora investment attraction

Remittance Role

Remittance Role

Armenia is highly remittance-dependent (~$2 billion/year, ~12% GDP); major sources Russia, USA, France, Germany from large Armenian global diaspora

Central Bank Tools

Central Bank Tools

Refinancing Rate, Reserve Requirements, FX interventions

Common Questions About Armenian Dram

Everything you need to know about AMD exchange rates, banknotes, and historical significance.

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