Euro

Euro

The euro (sign: €; code: EUR) is the official currency of the European Union and its territories. Currently, 19 of 28 member states use the euro; this group of states is known as the eurozone or euro area. It is the second largest and second most traded currency in the foreign exchange market after the United States dollar. The euro is subdivided into 100 cents. The currency is also officially used by the institutions of the European Union and its territories, four other European countries, as well as unilaterally by two others, and is consequently used daily by some 343 million Europeans as of 2018. Outside Europe, a number of overseas territories of EU members also use the euro as their currency. Additionally, 290 million people worldwide as of 2018 use currencies pegged to the euro. The euro is the second largest reserve currency as well as the second most traded currency in the world after the United States dollar. As of August 2018, with more than €1.2 trillion in circulation, the euro has one of the highest combined values of banknotes and coins in circulation in the world, having surpassed the U.S. dollar.The name euro was officially adopted on 16 December 1995 in Madrid. The euro was introduced to world financial markets as an accounting currency on 1 January 1999, replacing the former European Currency Unit (ECU) at a ratio of 1:1 (US$1.1743). Physical euro coins and banknotes entered into circulation on 1 January 2002, making it the day-to-day operating currency of its original members, and by May 2002 it had completely replaced the former currencies. While the euro dropped subsequently to US$0.83 within two years (26 October 2000), it has traded above the U.S. dollar since the end of 2002, peaking at US$1.60 on 18 July 2008. In late 2009, the euro became immersed in the European sovereign-debt crisis, which led to the creation of the European Financial Stability Facility as well as other reforms aimed at stabilising and strengthing the currency.

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.

1 Euro to Armenian Dram exchange rates chart

1 Euro to Armenian Dram exchange rates graph
1 EUR to AMD exchange 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.

1 Euro to Armenian Dram exchange rates FAQs

What is 1 EUR to AMD?

The meaning of 1 EUR to AMD is to exchange 1 Euro to Armenian Dram by applying the latest currency rate on the market. The actual exchange rates you can get vary between different bureau de changes. Forex.gg is offering inter-market exchange rates to convert 1 EUR to AMD on the chart below.

Who can exchange 1 EUR to AMD?

Anyone with 1 Euro can find a local bank or a bureau de change to convert into Euro. However, if neither EUR nor AMD is the local currency. It might be quite difficult to find a local broker to faciliate the exchange. That's why Forex.gg is offering details about local forex brokers to save the time of searching around for the right broker.

When to exchange 1 EUR to AMD?

Due to the nature of the forex market, the exchange rates for 1 EUR to AMD is changing all the time in New York between 01:00 pm – 10:00 pm GMT; at 10:00 pm GMT Sydney comes online; Tokyo opens at 00:00 am and closes at 9:00 am GMT; and to complete the loop, London opens at 8:00 am and closes at 05:00 pm GMT. So the currency rate you see in this page may change any minute. It's better to lock in the exchange rates with your local broker so that you won't be affected for any future rate changes.

Why do I want to convert 1 EUR to AMD?

Most likely you are traveling and want to get some Armenian Dram cash. Or you've just came back from a recent trip or received cash transfer from overseas. There are many reasons to convert 1 Euro to Armenian Dram. And we believe you should be getting the best exchange rate available on the market to exchange the currency.

Where to convert 1 EUR to AMD?

Usually you can find a local bank, post office or bureau de change to exchange 1 EUR to AMD. But you will soon find out that the exchange rates you can find at all thoses places vary by a lot. It's better to be prepared before hand and do your research about the local forex brokers. That's the exact reason why Forex.gg is doing the homework for you to find the best local bureau de change to avoid being ripped off. All you need to do is input the amount of Armenian Dram you wnat to buy or sell and we will show you where to find the best rate. No forex exchange commissions or fees required!

How to exchange 1 EUR to AMD?

Use the tool we provided here to find the best exchange rates for 1 Euro to Armenian Dram. Lock in the rate by contacting the broker directly by phone or message. And go to the branch with 1 EUR in hand and exchange the cash you want in store or online. It's just that simple with no fees or commissions from Forex.gg!

1 Euro to Armenian Dram exchange rates table

Exchange EUR to AMD
1 Euro = 533.438 Armenian Dram
2 Euro = 1066.876 Armenian Dram
5 Euro = 2667.191 Armenian Dram
10 Euro = 5334.381 Armenian Dram
Exchange Euro to Armenian Dram
1 Euro to Armenian Dram 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.

Best EUR/AMD exchange rate at Converse Bank in Yerevan

1 EUR to AMD exchange rates at Converse Bank in Yerevan
1 Euro = 524.000 Armenian Dram
Converse Bank
Converse Bank

Converse Bank CJSC is a 25-year-old dynamically growing bank, which offers various services for individual and legal entities. The stable development of the Bank is due to transparent operation and reasonable policies of financial management. The Bank’s dynamic growth is provided by its highly-qualified, professional staff, thanks to which the Bank is able to quickly respond to changes happening in the market. At the same time, it continually offers new, convenient, and interesting bank...

Best EUR/AMD exchange rate at ACBA-CREDIT AGRICOLE BANK in Yerevan

1 EUR to AMD exchange rates at ACBA-CREDIT AGRICOLE BANK in Yerevan
1 Euro = 521.000 Armenian Dram
ACBA-CREDIT AGRICOLE BANK
ACBA-CREDIT AGRICOLE BANK

The bank mission We are a universal bank promoting financial inclusion in Armenia, delivering innovative and efficient financial solutions with strong focus on rural communities. The Bank Values Social responsibility Loyalty Transparency Innovation Customer care The Bank Goals The main goal of the Bank is to support the development and growth of the SME in Armenia. ACBA-CREDIT AGRICOLE BANK is one of the biggest banks in Armenia. Currently the Bank provides various universal banking...

Best EUR/AMD exchange rate at Fast Credit in Yerevan

1 EUR to AMD exchange rates at Fast Credit in Yerevan
1 Euro = 520.000 Armenian Dram
Fast Credit
Fast Credit

General information About us On April 1, 1994, the first branch of "Fast Credit" LTD was opened at 37 Abovyan str., Yerevan, operating as a pawnbroker. Then another 9 branches opened in Yerevan and in RA regions. Օn October 14, 2011 "Fast Credit Capital" Universal Credit Organization Closed Joint Stock Company was registered and accredited by the Central bank of RA (license of Central Bank #37) after which the Company's network was replenished with 11 branches, 10 of which are modified...

1 Euro to Armenian Dram news tweets

1 EUR to AMD added 1 tweet
2019-08-18 01:00:02 UTC
Yogyakarta > Batam from 90 euro @ January 07 on https://t.co/0L0t4VWHFw
1 EUR to AMD added 1 tweet
2019-08-18 01:00:00 UTC
⚽#JugamosConTodo | Situación de Barcelona "Tengo la sensación de que el Barcelona no tiene la intención ni la opci… https://t.co/M9J44B56uW
1 EUR to AMD added 1 tweet
2019-08-18 00:59:57 UTC
RT @Niall_Boylan: This Garda allowed 800 illegals into ireland who could be possible thieves or dangerous criminals. He also charged… https://t.co/yuzUaQo7LX
1 EUR to AMD added 1 tweet
2019-08-18 00:59:53 UTC
RT @BleacherReport: Russ had the whole team recreating his euro 😂 https://t.co/qxqxrmqdzB
1 EUR to AMD added 1 tweet
2019-08-18 00:59:49 UTC
Paolo Rustichelli - Euro NIghts. #smoothjazzsouthflorida https://t.co/WXSWaaBEZM
1 EUR to AMD added 1 tweet
2019-08-02 22:01:31 UTC
RT @PepTalk1894: This is EUR €90m Yes, 10,670,400,000 Yen With add-ons it will 'probably' be: £110m EUR €120m That's an unbelieva… https://t.co/krsPBb0dBt
1 EUR to AMD added 1 tweet
2019-08-02 21:58:00 UTC
RT @PepTalk1894: This is EUR €90m Yes, 10,670,400,000 Yen With add-ons it will 'probably' be: £110m EUR €120m That's an unbelieva… https://t.co/krsPBb0dBt
1 EUR to AMD added 1 tweet
2019-08-02 21:27:37 UTC
This is EUR €90m Yes, 10,670,400,000 Yen With add-ons it will 'probably' be: £110m EUR €120m That's an unbelieva… https://t.co/krsPBb0dBt
1 EUR to AMD added 1 tweet
2019-08-04 23:47:08 UTC
10 Տարի առաջ էս դրամի լոգոի ոչ պաշտոնական տարբերակնեի սարքել, Կայֆը էնա, որ հայաստանում իմ ոչ պաշտոնական տարբերակը… https://t.co/zR6FeMlPY2
1 EUR to AMD added 1 tweet
2019-08-14 17:02:20 UTC
Armenian Dram rulez https://t.co/saEJoCvf2t

1 Euro to Armenian Dram news media

1 EUR to AMD added 1 medium
2019-08-04T03:25:42+02:00
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1 EUR to AMD added 1 medium
2019-08-04T03:18:26+02:00
AirOut was a success! Thank you all for coming and being respectful and understanding to the town of Winooski. We love that we get to keep doing this stuff with the town’s support. You guys rock! #winooskivt #winooskimotorspeedway #airout #wolfsgart #wolfsgart10 #bagged #stants #stancy #tiltywheels #euro #drivenorth
1 EUR to AMD added 1 medium
2019-08-04T02:48:33+02:00
“ Stay out of my lane “ Owner: ( tag owner ) • • #tunerevo #tunerevolution #tunerevophilly #slammed #nissan #lexus #honda #subaru #gtr #350z #stancenation #jdm #euro #bagged #static #bagriders #meguairsusa #jdmnation #carporn #cars #lifestyle #toyota #volkswagen
1 EUR to AMD added 1 medium
2019-08-04T02:47:47+02:00
I can help you manage your trade account with good strategy and stand a chance to earn good profit with a minimum investment of $500 you can earn about $5000 within a week. #dmformoreinfo #succeedwithseona #improvingyourefficency #bemoreefficient #efficient #smallbusiness #smallbusinessowners #buainesswomen #getinspired #binaryoptiontrade #bitcoinowners #bitcointraders #coinbase #blockcian #bitcoin #bitstamp #binary #binaryoptions #investments #usabasketball #trinidadandtobago #trading #euro #dollars#motivation #entrepreneur #business #recordlabel #inspiration
1 EUR to AMD added 1 medium
2019-08-05T04:07:01+02:00
PaulWalker! . . . Tulkenyut . #gt86 #s2000 #euro #hachiroku #streetwear #bmw #evolution #dodge #supra #ferrari #f40 #toyota #trueno #pandem #stancenation #jdm #gtr #muscle #m3 #rwb #porsche #paulwalker #datsun #ae86 #supercar #urbanwear #stance #nissan #e30 #350z
1 EUR to AMD added 1 medium
2018-01-21T21:39:27+01:00
#100dollars #1000dram #yerevan #usdollor #armeniandram #fromustoyou
1 EUR to AMD added 1 medium
2019-07-30T11:28:33+02:00
Armenia 1000 Dram 1999 Poet and writer Yeghishe Charents and a Memorial Museum was created in his honor Yeghishe Charents Memorial Museum (Եղիշե Չարենցի տուն-թանգարան). #🇦🇲 #armenia #armenia🇦🇲 #Հայաստան #հայաստան🇦🇲 #hayastan #dram #դրամ #1000dram #1000դրամ #armeniandram #YeghisheCharents #eghishecharents #եղիշեչարենց #poet #writer #yeghishecharentsmemorialmuseum #armeniancurrency #թղթադրամ #փող #դրամագիտություն #banknote #papermoney #paper_money #notafilia #notaphily #numismatics #currency #money #moneydetails

1 Euro to Armenian Dram news texts

The 1,000 Dram Conundrum of Armenia’s Military Benefits
The 1,000 Dram Conundrum of Armenia’s Military Benefits

A thousand drams is a little more than two dollars. For the Armenian worker earning minimum wage, however, it is a significant amount to be parsed out in a monthly tax, for which the person has not had a chance to budget.

over 2 years conditional neutral
Does a strong Armenian dram guarantee social stability? | Vestnik Kavkaza

The seemingly favorable situation would lead to a real weakening of the dram, reduction of exports, and an increase of capital outflow from Armenia

over 2 years conditional neutral
Armenia Says New Banknote Won't Spur Inflation

An Armenian Central Bank official says the introduction of a 100,000 dram banknote does not increase the risk of inflation or delay an imminent devaluation of the national currency, RFE/RL’s Armenian Service reports.

over 2 years conditional positive
Tinkoff Black card-holders can now keep their money in 30 currencies

Tinkoff Bank is offering its customers the opportunity to open multiple Tinkoff Black accounts in as many as 30 currencies at a time.

10 months indicative neutral
Armenian dram falls 21% against us dollar in 2014 and 2015
Armenian dram falls 21% against us dollar in 2014 and 2015

The Armenian dram fell 21% against the US dollar over the last two years, economist Karlen Khachatryan | ArmBanks.am

9 months indicative negative

1 Euro to Armenian Dram currency converter

1 Euro to Armenian Dram exchange rates

54700 CNY to EUR
Girona, Kingdom of Spain.
54700 CNY to EUR
Girona, Kingdom of Spain.
26800 UAH to USD
Valencia, United States.
26800 UAH to USD
Valencia, United States.
1 GBP to THB
Camberwell, United Kingdom of Great Britain and Northern Ireland.
100 RON to EUR
Vancouver, Canada.
2500 QAR to INR
Doha, State of Qatar.
100 CHF to EUR
Kumanovo, Republic of Macedonia.
565 BRL to EUR
Barcelona, Kingdom of Spain.
565 BRL to EUR
Barcelona, Kingdom of Spain.
10160 JPY to EUR
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Berlin, Federal Republic of Germany.
1 SYP to NGN
Berlin, Federal Republic of Germany.
100 AUD to HRK
Narre Warren, Commonwealth of Australia.
100 USD to THB
Torrance, United States.
100 USD to THB
Torrance, United States.
100 USD to THB
Torrance, United States.
20 BBD to USD
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Princeton, Canada.