Dollar to Armenian Dram Currency Conversion Guide

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The Armenian Dram is the official currency of Armenia, and if you're planning a trip there, it's essential to know how to convert your dollars to Drams. The exchange rate is constantly changing, but as of our last update, 1 USD is equal to approximately 480 AMD.

To give you a better idea, let's look at some examples of common dollar to Dram conversions. For instance, if you exchange $10, you'll get around 4800 AMD. This can be a useful reference point when you're shopping or paying for services in Armenia.

If this caught your attention, see: Usd to Amd Exchange Rate

Conversion Basics

To convert US dollars to Armenian Drams, you'll need to know the current exchange rate. You can find this information online, and it's always a good idea to check the most recent rate.

The exchange rate can fluctuate over time, so it's essential to check the high, low, and average rates for a specific period. For example, in the last 30 days, the high was 400.31 Dram and the low was 392.75 Dram.

Closeup Photo of Four Round Silver-colored Coin
Credit: pexels.com, Closeup Photo of Four Round Silver-colored Coin

Here's a rough idea of what you can expect: if you exchange 1 US dollar, you'll get around 400 Dram. However, this rate can vary depending on the exchange rate at the time.

Here are some key statistics to keep in mind:

The exchange rate can be volatile, so it's a good idea to check the volatility percentage as well. For example, over the last 30 days, the exchange rate changed by +1.79%.

Exchange Rates

The exchange rate between the US dollar and the Armenian dram can fluctuate significantly over time. The highest USD to AMD exchange rate in the last year was 406.43 Armenian Drams per US Dollar on February 8, 2024.

The lowest USD to AMD exchange rate in the last year was 386.37 Armenian Drams per US Dollar on September 18, 2024. This means that if you exchanged US dollars for Armenian dram in September 2024, you would have gotten a worse rate than in February 2024.

Flatlay of hundred dollar bills arranged on a surface representing wealth and finance.
Credit: pexels.com, Flatlay of hundred dollar bills arranged on a surface representing wealth and finance.

In the last 30 days, the USD to AMD exchange rate reached a high of 400.31 and a low of 392.75, with an average rate of 397.26. The overall change in this period was +1.79%.

Here's a breakdown of the USD to AMD exchange rate for different amounts of US dollars:

You can also view the conversion rates for Armenian dram to US dollar, which is the inverse of the above table.

As of January 15, 2025, the best USD to AMD exchange rate is 398.83 AMD. This means that for every US Dollar you exchange, you will receive 398.83 Armenian Drams.

The highest USD to AMD exchange rate in the last 10 years was on April 7, 2021, when each US Dollar was worth 534.74 Armenian Drams. This is a significant difference from the current exchange rate.

Historical Data

Historical data shows that the USD to AMD exchange rate can fluctuate significantly over time. The high point for the USD/AMD rate was 406.43 Armenian Drams per US Dollar on February 8, 2024.

Credit: youtube.com, US Dollar to Armenian Dram Currency Exchange Rates Today 02 JULY 2024

In the past 10 days, the exchange rate has ranged from 399.37 to 401.42 AMD per USD. The average exchange rate over the last 30 days is 397.26 AMD per USD, with a volatility of +1.79%.

Here are the high and low exchange rates for the last 30 and 90 days:

10 Days History

The past 10 days have seen some interesting fluctuations in the USD to AMD exchange rate. The average rate over this period was 400.39 AMD per US Dollar.

One of the highest rates in the past 10 days was 401.42 AMD per US Dollar on January 25, 2025. This rate was slightly higher than the average for the period.

On the other hand, the lowest rate in the past 10 days was 399.37 AMD per US Dollar on January 28, 2025. This was still relatively close to the average rate.

Here's a breakdown of the exchange rates for the past 10 days:

The highest rate in the past 10 days was 401.42 AMD per US Dollar, while the lowest was 399.37 AMD per US Dollar.

Highest Exchange Rate in the Last 10 Years

Credit: youtube.com, Get historical currency exchange data in Excel

The highest exchange rate in the last 10 years was a significant milestone. In the last 10 years, the highest rate from US Dollars to Armenian Drams was on April 7, 2021 when each US Dollar was worth 534.74 Armenian Drams.

This rate is significantly higher than the current rate of 398.83 AMD per USD, as seen in Example 5. The current rate is still a good one, but it's interesting to see how exchange rates can fluctuate over time.

To put this in perspective, if you had exchanged $100 on April 7, 2021, you would have received 53,474 AMD, which is a substantial amount of money.

Additional reading: Highest Usd Exchange Rate

Current Rates

The current USD to AMD exchange rate is a crucial piece of information for anyone looking to convert their dollars to Armenian Drams. As of January 15, 2025, 11:00 AM UTC, the best USD to AMD exchange rate is 398.83 AMD.

You can check the historical data to see how the exchange rate has changed over time. In the past 30 days, the USD to AMD exchange rate reached a high of 400.31 and a low of 392.75, with an average rate of 397.26. The overall change in this period was +1.79%.

Credit: youtube.com, Armenian Dram Exchange Rate is SHOCKING Everyone Right Now | usd to armenian dram | armenia news

To give you a better idea of the current exchange rate, here are the conversion rates for different amounts of USD to AMD:

If you're planning to convert a larger amount, you can check the conversion rates for 500 USD, 1,000 USD, or even 100,000 USD. The exchange rate is 398.83 AMD per US Dollar, so you can calculate the amount of AMD you'll receive for your USD.

The exchange rate has been relatively stable over the past 90 days, with a total change of +3.24%. However, it's always a good idea to check the current exchange rate before making any conversions.

Frequently Asked Questions

The Armenian dram is the official currency of Armenia, and it's divided into 100 smaller units called lumsa.

You can exchange your dollars for Armenian drams at a currency exchange office or a bank, but be aware that the exchange rate may vary depending on the location and the time of day.

Credit: youtube.com, Armenia Currency to United States Dollar | US Dollar to Armenia Currency |Convert 1 USD to AMD

The exchange rate for 1 USD is approximately 480 AMD, but this can fluctuate.

If you're traveling to Armenia, it's a good idea to have some local currency with you, but many businesses and restaurants also accept credit cards.

The Armenian dram has undergone several changes in its design over the years, with new banknotes and coins being introduced in 2013.

You can also exchange your dollars for Armenian drams online or through a mobile app, but be sure to check the fees and exchange rates beforehand.

The exchange rate may also be affected by economic factors, such as inflation or changes in the global market.

Frequently Asked Questions

What can you buy with 100 Armenian dram?

With 100 Armenian dram, you can purchase basic items like a small snack or a drink from a grocery store or public transportation. For a more detailed shopping list, see our related FAQs.

Is Armenian dram pegged?

The Armenian dram is not pegged to any currency, instead its value is determined by market forces. Its value fluctuates based on supply and demand.

Tommie Larkin

Senior Assigning Editor

Tommie Larkin is a seasoned Assigning Editor with a passion for curating high-quality content. With a keen eye for detail and a knack for spotting emerging trends, Tommie has built a reputation for commissioning insightful articles that captivate readers. Tommie's expertise spans a range of topics, from the cutting-edge world of cryptocurrency to the latest innovations in technology.

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