Armenian Dram

Armenian Dram

The dram (Armenian: դրամ; sign: ֏; code: AMD) is the monetary unit of Armenia and the neighboring unrecognized Republic of Artsakh (Nagorno-Karabakh). It is subdivided into 100 luma (Armenian: լումա). The word "dram" translates into English as "money" and is cognate with the Greek drachma and the Arabic dirham, as well as the English weight unit dram. The first instance of a dram currency was in the period from 1199 to 1375, when silver coins called dram were issued.

Israeli Shekel

Israeli Shekel

The Israeli new shekel (Hebrew: שֶׁקֶל חָדָשׁ‎ Sheqel H̱adash; Arabic: شيكل جديد‎ šēkal jadīd; sign: ₪; code: ILS), also known as simply the Israeli shekel and formerly known as the New Israeli Sheqel (NIS), is the currency of Israel and is also used as a legal tender in the Palestinian territories of the West Bank and the Gaza Strip. The new shekel is divided into 100 agora. The new shekel has been in use since 1 January 1986, when it replaced the hyperinflated old shekel at a ratio of 1000:1. The currency sign for the new shekel ⟨ ₪ ⟩ is a combination of the first Hebrew letters of the words shekel (ש) and ẖadash (ח) (new). Alongside the shekel sign, the following abbreviations of NIS, ש"ח‎ and ش.ج‎ are also used commonly to denominate prices.

132 Armenian Dram to Israeli Shekel exchange rates chart

132 AMD to ILS exchange rates graph
132 AMD to ILS Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

132 AMD to ILS exchange rates table

Exchange AMD to ILS
132 Armenian Dram = 0.996 Israeli Shekel
264 Armenian Dram = 1.993 Israeli Shekel
660 Armenian Dram = 4.982 Israeli Shekel
1320 Armenian Dram = 9.965 Israeli Shekel
Exchange Armenian Dram to Israeli Shekel
132 Armenian Dram to Israeli Shekel Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

132 AMD to ILS exchange rates news

Armenia’s top ten most profitable credit organizations in first 9 months of 2018
Armenia’s top ten most profitable credit organizations in first 9 months of 2018

Out of 35 credit organizations operating in Armenia, 33 were profitable in the third quarter of 2018 earning a total of 38.58 billion drams, according to ARKA news agency’s ranking. The other 2 companies reported losses to the tune of 35.2 million drams |

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European Trade Marketing Manager at Atom Brands
European Trade Marketing Manager at Atom Brands

Do you have a passion for marketing and a love for craft spirits? Do you want to join one of the fastest growing craft brands on planet earth? Then we...

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Yuri Khachaturov dismissed as secretary general of CSTO

ARKA delivers the latest breaking news and information on politics, economy, education, business and more.

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Shekel weaker in wake of Gaza escalation

The shekel's boost from the end of the Bank of Israel's foreign currency purchasing program to offset gas sales has faded amid the rocket fire from Gaza

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Convicted counterfeiters ordered to pay damages to Bank of Israel for… copyright infringement

Two people already convicted for their roles in a counterfeit ring in Israel have been ordered by a court to also pay damages to Bank of Israel… because printing your own 200-shekel notes apparently violates copyright.

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132 AMD to ILS currency converter