Convert Algerian Dinar to Armenian Dram
Please provide values below to convert Algerian Dinar [DZD] to Armenian Dram [AMD], or Convert Armenian Dram to Algerian Dinar.
How to Convert Algerian Dinar to Armenian Dram
1 DZD = 0.338497290738518 AMD
Example: convert 15 DZD to AMD:
15 DZD = 15 × 0.338497290738518 AMD = 5.07745936107777 AMD
Algerian Dinar to Armenian Dram Conversion Table
| Algerian Dinar | Armenian Dram |
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Algerian Dinar
The Algerian Dinar (DZD) is the official currency of Algeria, used for everyday transactions and monetary exchanges within the country.
History/Origin
The Algerian Dinar was introduced in 1964, replacing the Algerian franc after independence, and has undergone several reforms to stabilize the economy and control inflation.
Current Use
Today, the Dinar remains the official currency of Algeria, used in all financial transactions, banking, and commerce across the country.
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.