Currency of Armenia: Armenian Dram
Armenian Dram ยท AMD ยท National
Who Issues Armenian Dram in Armenia
Armenia has a domestically administered currency system built around the Armenian Dram (AMD). Central Bank of Armenia is the named monetary authority, and 051 is the ISO 4217 numeric code.
When an AMD rate is shown, Central Bank of Armenia manages the monetary framework for the Armenian Dram in Armenia. AMD is therefore a nationally administered currency rather than an externally issued unit. The comparison stays the observation easy to date.
Exchange Rate for AMD
When an AMD rate is shown, the useful benchmark is a dated AMD observation with its currency pair stated explicitly. Provider spreads, card charges and commissions can still change the amount actually paid. This keeps the comparison anchored to a dated observation.
For an AMD comparison in Armenia, match both the currency pair and the observation date before comparing reference rates. Provider spreads, card charges and commissions can still change the amount actually paid. This gives the exchange-rate context transparent.
Banknotes and Coins
Banknotes
The Central Bank of Armenia's legal-tender structure includes current Third Generation banknotes and earlier valid issues, with denominations from ึ1,000 through ึ100,000.
Coins
Armenia's circulation coin set contains 10, 20, 50, 100, 200 and 500 dram.
Frequently Asked Questions
What currency is used in Armenia?
On this Armenia currency page, the Armenian Dram (AMD) is the national currency, with Central Bank of Armenia responsible for the domestic monetary framework.
Who manages the currency system in Armenia?
Central Bank of Armenia is the main monetary authority identified for Armenia.
Are the exchange rates for Armenia real-time?
For reference-rate use in Armenia, a supported conversion is based on the latest reference observation available to the tool, with the observation date shown. It should not be read as a live executable quote. This gives the rate context explicit.
Sources & methodology
The institutional description for Armenia is grounded in Central Bank of Armenia and the relevant monetary arrangement. The AMD code follows ISO 4217. Structural exchange-regime facts are not mixed with a dated reference-rate observation. That preserves the institutional fact separate from market data.
View sources used for this page
- Central Bank of Armenia - official website
- SIX - ISO 4217 Maintenance Agency
- IMF - Annual Report on Exchange Arrangements and Exchange Restrictions
- BIS - central bank directory and institutional cross-check
- Frankfurter - latest public reference-rate feed used by the converter
- Central Bank of Armenia - banknotes in circulation
- Central Bank of Armenia - circulation coins