Convert Saudi Riyal to Armenian Dram
Please provide values below to convert Saudi Riyal [SAR] to Armenian Dram [AMD], or Convert Armenian Dram to Saudi Riyal.
How to Convert Saudi Riyal to Armenian Dram
1 SAR = 0.00976427732630653 AMD
Example: convert 15 SAR to AMD:
15 SAR = 15 × 0.00976427732630653 AMD = 0.146464159894598 AMD
Saudi Riyal to Armenian Dram Conversion Table
| Saudi Riyal | Armenian Dram |
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Saudi Riyal
The Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all monetary transactions within the country.
History/Origin
The Saudi Riyal was introduced in 1925, replacing the Indian Rupee, and has undergone various reforms, including decimalization in 1929. It is issued and regulated by the Saudi Central Bank.
Current Use
The SAR is widely used in Saudi Arabia for everyday transactions, banking, and international trade, and is pegged to the US dollar at a fixed rate.
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.