Convert Armenian Dram to Chinese Yuan

Please provide values below to convert Armenian Dram [AMD] to Chinese Yuan [CNY], or Convert Chinese Yuan to Armenian Dram.

How to Convert Armenian Dram to Chinese Yuan

1 AMD = 53.5347579419841 CNY

Example: convert 15 AMD to CNY:
15 AMD = 15 × 53.5347579419841 CNY = 803.021369129762 CNY

Armenian Dram to Chinese Yuan Conversion Table

Armenian Dram	Chinese Yuan

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.

Chinese Yuan

The Chinese Yuan (CNY) is the official currency of China, also known as Renminbi (RMB), and is used for all monetary transactions within the country.

History/Origin

The Chinese Yuan was introduced in 1949 following the establishment of the People's Republic of China. It has undergone various reforms and reforms, including decimalization in the 1950s and modernization efforts in recent decades to stabilize and internationalize the currency.

Current Use

Today, the CNY is widely used domestically across China and is increasingly recognized internationally, with the Chinese government promoting its use in global trade and finance. It is also a component of the International Monetary Fund's Special Drawing Rights (SDR).

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