Convert Armenian Dram to Peruvian Nuevo Sol
Please provide values below to convert Armenian Dram [AMD] to Peruvian Nuevo Sol [PEN], or Convert Peruvian Nuevo Sol to Armenian Dram.
How to Convert Armenian Dram to Peruvian Nuevo Sol
1 AMD = 107.949799027462 PEN
Example: convert 15 AMD to PEN:
15 AMD = 15 × 107.949799027462 PEN = 1619.24698541192 PEN
Armenian Dram to Peruvian Nuevo Sol Conversion Table
Armenian Dram | Peruvian Nuevo Sol |
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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.
Peruvian Nuevo Sol
The Peruvian Nuevo Sol (PEN) is the official currency of Peru, used for all monetary transactions within the country.
History/Origin
Introduced in 1991 to replace the Peruvian Sol, the Nuevo Sol was established to stabilize the economy and control inflation. It has undergone several reforms and is now the stable currency of Peru.
Current Use
The Nuevo Sol is widely used in everyday transactions, banking, and financial markets in Peru. It is subdivided into 100 céntimos and remains the country's primary legal tender.