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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

Support & Resources

Common Questions About Armenian Dram

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

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