Armenian dram
Դրամ (Armenian)

A 500-dram note that is no longer legal tender.
ISO 4217 Code	AMD
User(s)	Armenia and the self proclaimed Nagorno Karabakh Republic
Inflation	-0.2% (Armenia only)
Source	The World Factbook, 2005 est.
Subunit
1/100	luma (լումա)
Symbol	դր.
Coins	10, 20, 50, 100, 200, 500 dram
Banknotes	1,000, 5,000, 10,000, 20,000, 50,000 dram
Central bank	Central Bank of Armenia
Website	www.cba.am

The dram (Armenian: Դրամ) (ISO 4217: AMD) is the monetary unit of Armenia. It is subdivided into 100 luma (Armenian: լումա). The word "dram" translates into English as "money", and is cognate with the Greek drachma. The Central Bank of Armenia has the exclusive right of issuing the national currency according to Armenian Law. File links The following pages link to this file: Dram (currency) Categories: Currency images ... Nagorno-Karabakh (Azerbaijani: Dağlıq Qarabağ or Yuxarı Qarabağ, literally mountainous black garden or upper black garden; Russian: Нагорный Карабах, translit. ... The Central Bank of Armenia is a bank based in Yerevan. ... ISO 4217 is the international standard describing three letter codes (also known as the currency code) to define the names of currencies established by the International Organization for Standardization (ISO). ... For exchange rates, see here. ... The English language is a West Germanic language that originates in England. ... Drachma, pl. ... The Central Bank of Armenia is a bank based in Yerevan. ...

History

The Zvartnots cathedral depicted on an old 100 dram banknote that is no longer legal tender.

For earlier Armenian currency, see Armenian ruble. An old 100 AMD banknote with the cathedral in Zvartnots The image was taken from the Central Bank of Armenia site File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... An old 100 AMD banknote with the cathedral in Zvartnots The image was taken from the Central Bank of Armenia site File history Legend: (cur) = this is the current file, (del) = delete this old version, (rev) = revert to this old version. ... The ruble was the separate currency of Armenia between 1919 and 1922. ...

The first instance of a dram currency in Armenia was in the period from 1199 to 1375 when silver coins were called dram. Events John Lackland, becomes King of England Births Isobel of Huntingdon (d. ... Events October 24 - Valdemar IV of Denmark dies and is succeeded by his grandson Olaf III of Denmark. ...

On 21 September 1991 a national referendum proclaimed Armenia as an independent republic from the Soviet Union. The Central Bank of Armenia was adopted on 27 March 1993, under the governorship of Isahak Isahakyan. However the old Soviet bank notes were standard tender until November 1993. The modern dram came into effect on 22 November 1993, at a rate of 200 rubles = 1 dram (1 USD : 14.5 AMD). Banknotes of 10, 25, 50, 100, 200 and, 500 dram were issued, whilst, on 21 January 1994, the Central Bank of Armenia began minting 10, 20, 50 luma and 1, 3, 5, 10 dram coins. The banknotes in nominal value 1000 and 5000 dram were put into circulation since October 24, 1994 and September 1995, respectively. Later a 20000 dram note was issued and a commemorative 50000 dram note was issued to observe the 1700-th anniversary of adoption of Christianity in Armenia. It should be noted that the Dram is not pegged to any other currency, unlike the currencies of many other nations. September 21 is the 264th day of the year (265th in leap years). ... 1991 (MCMXCI) was a common year starting on Tuesday of the Gregorian calendar. ... March 27 is the 86th day of the year in the Gregorian Calendar (87th in leap years). ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... Isahak Isahakyan was Vice Chairman of Yerevan Office of the State Bank of the Armenian SSR from 1978 to 1986. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... November 22 is the 326th day (327th on leap years) of the year in the Gregorian calendar. ... 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ... ISO 4217 Code RUB User(s) Russia and self-proclaimed Abkhazia and South Ossetia Inflation 11% (Russian only) Source CIA World Fact Book, 2005 est. ... ISO 4217 Code USD User(s) the United States, the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 3. ... January 21 is the 21st day of the year in the Gregorian calendar. ... 1994 (MCMXCIV) was a common year starting on Saturday of the Gregorian calendar, and was designated as the International Year of the Family and the International Year of the Sport and the Olympic Ideal by United Nations. ... Christianity is a monotheistic[1] religion centered on Jesus of Nazareth, and on his life and teachings as presented in the New Testament. ...

Coins

Coins in circulation [1] A coin is usually a piece of hard material, generally metal and usually in the shape of a disc, which is issued by a government to be used as a form of money. ...

• 10 Dram
• 20 Dram
• 50 Dram
• 100 Dram
• 200 Dram
• 500 Dram

Banknotes

Banknotes in circulation [2] A £20 Ulster Bank banknote. ...

• 1,000 dram
• 5,000 dram
• 10,000 dram
• 20,000 dram
• 50,000 dram

In addition, the following banknotes are no longer legal tender (since April 1, 2004), but may be exchanged at banks: 10 drams, 25 drams, 50 drams, 100 drams. The 500-dram banknote has also ceased to be legal tender since September 1, 2005. Legal tender or forced tender is payment that cannot be refused in settlement of a debt denominated in the same currency by virtue of law. ... April 1 is the 91st day of the year (92nd in leap years) in the Gregorian calendar, with 274 days remaining. ... 2004 (MMIV) was a leap year starting on Thursday of the Gregorian calendar. ... September 1 is the 244th day of the year (245th in leap years). ... 2005 (MMV) was a common year starting on Saturday of the Gregorian calendar. ...

Money Supply

Currency in circulation has shown steady growth since first issue in 1993. 1993 (MCMXCIII) was a common year starting on Friday of the Gregorian calendar and marked the Beginning of the International Decade to Combat Racism and Racial Discrimination (1993-2003). ...

As of 30 September 2006, the rate was
1 USD = 379.49 AMD
1 EUR = 485.00 AMD
1 GBP = 716.24 AMD
1 RUB = 14.26 AMD
edit this exchange rate September 30 is the 273rd day of the year (274th in leap years) in the Gregorian calendar. ... 2006 (MMVI) is a common year starting on Sunday of the Gregorian calendar. ... ISO 4217 Code USD User(s) the United States, the British Virgin Islands, East Timor, Ecuador, El Salvador, the Marshall Islands, Micronesia, Palau, Panama, Turks and Caicos Islands, and the insular areas of the United States Inflation 3. ... ISO 4217 Code EUR User(s) European Union; eurozone: Austria, Belgium, Finland, France, Germany, Greece, Republic of Ireland, Italy, Luxembourg, Netherlands, Portugal, Spain; outside eurozone: Andorra, Monaco, San Marino, Vatican City, Montenegro, Kosovo, French Guiana, Réunion, Saint-Pierre et Miquelon, Guadeloupe, Martinique, Mayotte. ... ISO 4217 Code GBP User(s) United Kingdom Inflation 2. ... ISO 4217 Code RUB User(s) Russia and self-proclaimed Abkhazia and South Ossetia Inflation 11% (Russian only) Source CIA World Fact Book, 2005 est. ...

Note: These rates are obtained from the Central Bank of Armenia and may be slightly different from the rates xe.com publishes

External links

• Central Bank of Armenia Banknotes
• Exchange rates against Armenian Dram and detailed history.

This article contains content from HierarchyPedia article Dram, used here under the GNU Free Documentation License.

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