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 = 1.019 Norwegian Krone
116 Armenian Dram = 2.038 Norwegian Krone
290 Armenian Dram = 5.094 Norwegian Krone
580 Armenian Dram = 10.189 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

VTB Bank (Armenia) announces new year loan offer
VTB Bank (Armenia) announces new year loan offer

In tune with its strategy of providing loans on the best terms, the VTB Bank (Armenia) has announced today a New Year lending campaign with lower effective interest rates, saying in a press release that the loans are to be secured by gold items | ArmBanks.am

2 days conditional positive
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

7 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

7 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.

7 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.

10 days conditional negative

58 AMD to NOK currency converter