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.

Norwegian Krone

Norwegian Krone

The krone [ˈkruːnə] (sign: kr; code: NOK), plural kroner, is the currency of Norway and its dependent territories. It is subdivided into 100 øre, which exist only electronically since 2012. The name translates into English as crown. The krone was the thirteenth most traded currency in the world by value in April 2010, down three positions from 2007.

58 Armenian Dram to Norwegian Krone exchange rates chart

58 AMD to NOK exchange rates graph
58 AMD to NOK 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.

58 AMD to NOK exchange rates table

Exchange AMD to NOK
58 Armenian Dram = 1.008 Norwegian Krone
116 Armenian Dram = 2.015 Norwegian Krone
290 Armenian Dram = 5.038 Norwegian Krone
580 Armenian Dram = 10.077 Norwegian Krone
Exchange Armenian Dram to Norwegian Krone
58 Armenian Dram to Norwegian Krone 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.

58 AMD to NOK 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

indicative positive
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...

imperative positive
Yuri Khachaturov dismissed as secretary general of CSTO

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

indicative neutral
Major curriencies down

Uniindia: Mumbai, Nov 13 (UNI) Following were the indicative currency rates and travellers'' cheques buying and selling rates per unit.

indicative neutral
EUR/NOK remains stable so far – Danske Bank

The Norwegian Krone appears stable following recent inflation figures and balanced positioning, noted Mikael Milhoj, Senior Analyst at Danske Bank. Key

conditional positive

58 AMD to NOK currency converter