Convert Azerbaijani Manat to Armenian Dram
Please provide values below to convert Azerbaijani Manat [AZN] to Armenian Dram [AMD], or Convert Armenian Dram to Azerbaijani Manat.
How to Convert Azerbaijani Manat to Armenian Dram
1 AZN = 0.00442777429156913 AMD
Example: convert 15 AZN to AMD:
15 AZN = 15 × 0.00442777429156913 AMD = 0.066416614373537 AMD
Azerbaijani Manat to Armenian Dram Conversion Table
Azerbaijani Manat | Armenian Dram |
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Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.
Armenian Dram
The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.
History/Origin
The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.
Current Use
The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.