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.

Swedish Krona

Swedish Krona

The krona (Swedish: [²kruːna]; plural: kronor; sign: kr; code: SEK) has been the currency of Sweden since 1873. Both the ISO code "SEK" and currency sign "kr" are in common use; the former precedes or follows the value, the latter usually follows it but, especially in the past, it sometimes preceded the value. In English, the currency is sometimes referred to as the Swedish crown, as krona literally means crown in Swedish. The Swedish krona was the ninth-most traded currency in the world by value in April 2016.One krona is subdivided into 100 öre (singular and plural; when referring to the currency unit itself, however, the de facto plural form is ören). However, all öre coins have been discontinued as of 30 September 2010. Goods can still be priced in öre, but all sums are rounded to the nearest krona when paying with cash.

54 Armenian Dram to Swedish Krona exchange rates chart

54 AMD to SEK exchange rates graph
54 AMD to SEK 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.

54 AMD to SEK exchange rates table

Exchange AMD to SEK
54 Armenian Dram = 1.000 Swedish Krona
108 Armenian Dram = 2.000 Swedish Krona
270 Armenian Dram = 5.001 Swedish Krona
540 Armenian Dram = 10.001 Swedish Krona
Exchange Armenian Dram to Swedish Krona
54 Armenian Dram to Swedish Krona 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.

54 AMD to SEK 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 | ArmBanks.am

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

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MARKET ANALYSIS: TSX Ends Flat Again

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THQ Nordic acquires Bugbear Entertainment

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Dollar climbs to 2-month high as European currencies falter
Dollar climbs to 2-month high as European currencies falter

The U.S. dollar climbs to a more than two-months high on Wednesday, as risk appetite returns to markets and European currencies weakens on the back of poor economic data and further political pressure.

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54 AMD to SEK currency converter