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 = 0.990 Swedish Krona
108 Armenian Dram = 1.981 Swedish Krona
270 Armenian Dram = 4.952 Swedish Krona
540 Armenian Dram = 9.904 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

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

54 AMD to SEK currency converter