Convert Armenian Dram to Turkish Lira
Please provide values below to convert Armenian Dram [AMD] to Turkish Lira [TRY], or Convert Turkish Lira to Armenian Dram.
How to Convert Armenian Dram to Turkish Lira
1 AMD = 9.49669516106299 TRY
Example: convert 15 AMD to TRY:
15 AMD = 15 × 9.49669516106299 TRY = 142.450427415945 TRY
Armenian Dram to Turkish Lira Conversion Table
Armenian Dram | Turkish Lira |
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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.
Turkish Lira
The Turkish Lira (TRY) is the official currency of Turkey, used for everyday transactions and financial exchanges within the country.
History/Origin
The Turkish Lira was first introduced in 1923, replacing the Ottoman lira. It has undergone several revaluations and reforms, including the introduction of the New Turkish Lira in 2005 to address inflation and currency stability issues.
Current Use
Today, the Turkish Lira is the primary currency used in Turkey for all economic activities. It is also accepted in some regions of Northern Cyprus and is used in financial markets and banking transactions across the country.