Convert Uruguayan Peso to Armenian Dram
Please provide values below to convert Uruguayan Peso [UYU] to Armenian Dram [AMD], or Convert Armenian Dram to Uruguayan Peso.
How to Convert Uruguayan Peso to Armenian Dram
1 UYU = 0.104933173285979 AMD
Example: convert 15 UYU to AMD:
15 UYU = 15 × 0.104933173285979 AMD = 1.57399759928968 AMD
Uruguayan Peso to Armenian Dram Conversion Table
| Uruguayan Peso | Armenian Dram |
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Uruguayan Peso
The Uruguayan Peso (UYU) is the official currency of Uruguay, used for all monetary transactions within the country.
History/Origin
Introduced in 1993 to replace the Uruguayan Peso Moneda Nacional, the UYU has undergone various redenominations and monetary reforms to stabilize the economy and control inflation.
Current Use
The UYU is widely used in Uruguay for everyday transactions, banking, and trade, and is also accepted in some border regions of neighboring countries.
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.