Convert Armenian Dram to New Zealand Dollar

Please provide values below to convert Armenian Dram [AMD] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Armenian Dram.

How to Convert Armenian Dram to New Zealand Dollar

1 AMD = 230.109646494907 NZD

Example: convert 15 AMD to NZD:
15 AMD = 15 × 230.109646494907 NZD = 3451.64469742361 NZD

Armenian Dram to New Zealand Dollar Conversion Table

Armenian Dram	New Zealand Dollar

Armenian Dram

The Armenian Dram (AMD) is the official currency of Armenia, used for all monetary transactions within the country.

History/Origin

The Armenian Dram was introduced in 1993 following Armenia's independence from the Soviet Union, replacing the Soviet ruble as the national currency.

Current Use

The AMD is actively used in Armenia for everyday transactions, banking, and trade, and is managed by the Central Bank of Armenia.

New Zealand Dollar

The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.

History/Origin

Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.

Current Use

The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.

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