Convert Philippine Peso to Armenian Dram
Please provide values below to convert Philippine Peso [PHP] to Armenian Dram [AMD], or Convert Armenian Dram to Philippine Peso.
How to Convert Philippine Peso to Armenian Dram
1 PHP = 0.148266775679398 AMD
Example: convert 15 PHP to AMD:
15 PHP = 15 × 0.148266775679398 AMD = 2.22400163519098 AMD
Philippine Peso to Armenian Dram Conversion Table
| Philippine Peso | Armenian Dram |
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Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.
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.