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.

Thai Baht

Thai Baht

The baht (; Thai: บาท, pronounced [bàːt]; sign: ฿; code:100 THB) is the official currency of Thailand. It is subdivided into 100 satang (สตางค์, pronounced [sətāːŋ]). The issuance of currency is the responsibility of the Bank of Thailand. According to SWIFT, as of February 2017, the Thai baht is ranked as the 10th most frequently used world payment currency.According to a report in the South China Morning Post, the China Banknote Printing and Minting Corporation produces at least some Thai banknotes and coins.

14 Armenian Dram to Thai Baht exchange rates chart

14 AMD to THB exchange rates graph
14 AMD to THB 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.

14 AMD to THB exchange rates table

Exchange AMD to THB
14 Armenian Dram = 0.921 Thai Baht
28 Armenian Dram = 1.841 Thai Baht
70 Armenian Dram = 4.603 Thai Baht
140 Armenian Dram = 9.206 Thai Baht
Exchange Armenian Dram to Thai Baht
14 Armenian Dram to Thai Baht 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.

14 AMD to THB exchange rates news

Transactions with corporate bonds at NASDAQ OMX Armenia stock exchange double in seven months
Transactions with corporate bonds at NASDAQ OMX Armenia stock exchange double in seven months

The amount of transactions with corporate bonds effected at NASDAQ OMX Armenia stock exchange in the first 7 months of 2018 doubled when compared to the same period last year, according to data, provided by the exchange | ArmBanks.am

3 days indicative positive
VTB Bank (Armenia) launches savings account with interest rate up to 9.5%
VTB Bank (Armenia) launches savings account with interest rate up to 9.5%

VTB Bank (Armenia) has launched today a new deposit product, designed for those of customers who wish to save and increase their money in Armenian drams and have the opportunity to replenish it and withdraw money from the account whenever they want without any restrictions | ArmBanks.am

3 days conditional positive
New judge to consider Kocharyan’s lawyers’ petition for his release from custody on bail

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

3 days subjunctive neutral
Armenian ex-president’s lawyers ask SIS to stop criminal prosecution against their client

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

6 days conditional negative
ACBA-CREDIT AGRICOLE BANK listed its bonds on NASDAQ OMX Armenia
ACBA-CREDIT AGRICOLE BANK listed its bonds on NASDAQ OMX Armenia

Today NASDAQ OMX Armenia listed ACBA-CREDIT AGRICOLE BANK’s AMD- and USD-denominated bonds on its Abond list (ISIN AMACBAB24ER4 and AMACBAB23ER6 respectively), thus permitting manual and repo trading of these bonds | ArmBanks.am

8 days indicative neutral
Thai top court orders compensation for Myanmar workers in landmark case

The workers complained about forced overtime, being paid less than the minimum wage, confiscation of passports, and limited freedom of movement

2 days indicative negative
Exporters fret over baht appreciation
Exporters fret over baht appreciation

The secretary-general of the Thai National Shippers’ Council said yesterday that exporters were concerned about the appreciation of the baht against the US dollar.

9 days conditional negative
Why Vietnam is such a magnet for baht
Why Vietnam is such a magnet for baht

Thailand is being left behind when it should be learning from the success story to its east

13 days conditional neutral

14 AMD to THB currency converter