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base info Bitcoin SV

Bitcoin SV to Armenian Dram Converter and calculator

Convert 1Bitcoin SV (BSV) to Armenian Dram (AMD) equals ֏ 30,396.29 | Bitget

AMD information

About the Armenian Dram (AMD)

What Is the Armenian Dram (AMD)?

The Armenian Dram (AMD), the national currency of the Republic of Armenia, plays a pivotal role in the country's economy. Represented by the ISO code AMD and symbolized as ֏, the Dram was introduced on November 22, 1993, after the country gained independence from the Soviet Union. The Armenian Dram is the sole legal tender in Armenia, and it is used for all transactions within the country.

The Armenian Dram is issued by the Central Bank of Armenia. Established on March 27, 1993, the Central Bank is responsible for the issuance, regulation, and circulation of the Armenian Dram, as well as implementing the monetary policy of Armenia.

What Is the History of AMD?

The first instance of a currency called "Dram" in Armenia dates back to the period from 1199 to 1375, when silver coins named dram or tram were issued. The Dram underwent several transformations, influenced by various regimes, including the Russian Empire and the Soviet Union. Following Armenia's independence from the Soviet Union on September 21, 1991, the Dram was introduced on November 22, 1993, replacing the Russian ruble.

Notes and Coins of AMD

The official symbol of the Armenian Dram, designed in 1995, is represented by the first capital letter of the word Dram (Դ) with two horizontal lines (֏). Coins in Armenia are available in denominations of 10, 20, 50, 100, 200, and 500 drams, introduced in two series - the first in 1994 and the second between 2003 and 2004.

Armenia has issued three series of banknotes. The first series was introduced in 1993 and was in circulation until 2005. The second series, issued from 1998 onwards, is still in use. A third series was introduced in 2018, featuring denominations of 1,000, 2,000, 5,000, 10,000, 20,000, and 50,000 drams.

Exchange Rates and Economic Implications

The Dram was initially valued at Rbls 200 = 1 dram (US$1 = 404 Drams) in 1993. The exchange rate of the Dram is subject to fluctuations based on global and regional economic conditions. The Dram’s value and exchange rates are crucial for Armenia's trade and economic stability.

Is AMD Pegged to USD?

The Armenian Dram (AMD) is not pegged to the United States Dollar (USD). Armenia operates a floating exchange rate system, where the value of the dram is determined by market forces of supply and demand in the foreign exchange market. This means that the exchange rate of the dram against the USD and other currencies can fluctuate based on economic factors, market sentiment, and other variables.

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Bitget crypto-to-fiat exchange data shows that the most popular Bitcoin SV currency pair is the BSV to AMD, with for Bitcoin SV's currency code being BSV. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AMD.

BSV to AMD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Bitcoin SV has changed -17.37% to AMD. Based on the trend and price charts, Bitcoin SV(BSV) has changed -17.37% to AMD while Armenian Dram(AMD) has changed % to BSV in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
֏30,033.06
0.0001% / 0.0004%vip-iconVIP
OKX
֏29,834.98
0.080% / 0.100%
Yes
Huobi
֏29,851.57
0.1000% / 0.1000%
Yes
Gate.io
֏29,799.32
0.1000% / 0.1000%
Yes
KuCoin
֏29,827.05
0.1000% / 0.1000%
Yes
Last updated 2024/04/13 02:00:33(UTC+0)

What factors influence the conversion rate of Bitcoin SV to Armenian Dram?

Bitcoin SV to Armenian Dram is falling this week.
Bitcoin SV's current market price is ֏ 30,396.29 per BSV, with a total market cap of ֏ 598,408,677,963.11 AMD based on a circulating supply of 19,686,900 BSV. The trading volume of Bitcoin SV has changed by +83.14% (֏ 18,699,544,079.11 AMD) in the last 24 hours. Last trading day, BSV's trading volume was ֏ 22,491,985,175.51.
Market cap
$1.51B
24h volume
$103.98M
Circulating supply
19.69M BSV

Conversion tables

The exchange rate of Bitcoin SV is decreasing.
1 BSV is currently valued at ֏ 30,396.29 AMD , which means buying 5 BSV will cost ֏ 151,981.44 AMD . Similarly, ֏1 AMD can be traded for 0.{4}3290 BSV, and ֏50 AMD can be converted to 0.001645 BSV, excluding any platform or gas fees.
The exchange rate of 1 BSV to Armenian Dram has changed by -20.54% in the last 7 days. In the last 24 hours, the rate has fluctuated by -17.37%, reaching a high of 36,926.97 AMD and a low of 29,137.76 AMD . One month ago, the value of 1 BSV was ֏ 44,792.32 AMD , which represents a -32.14% change from its current value. Over the last year, Bitcoin SV has changed by
+֏
3,870.85AMD
, resulting in a change of +107.62% in its value.

BSV to AMD

Amount
02:17 am today
0.5 BSV
֏15,198.14
1 BSV
֏30,396.29
5 BSV
֏151,981.44
10 BSV
֏303,962.88
50 BSV
֏1,519,814.38
100 BSV
֏3,039,628.76
500 BSV
֏15,198,143.8
1000 BSV
֏30,396,287.6

AMD to BSV

Amount02:17 am today
0.5AMD0.{4}1645  BSV
1AMD0.{4}3290  BSV
5AMD0.0001645  BSV
10AMD0.0003290  BSV
50AMD0.001645  BSV
100AMD0.003290  BSV
500AMD0.01645  BSV
1000AMD0.03290  BSV
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Today vs. 24 hours ago

Amount02:17 am today24 hours ago24h change
0.5 BSV$38.36$46.43
-17.37%
1 BSV$76.73$92.86
-17.37%
5 BSV$383.63$464.3
-17.37%
10 BSV$767.27$928.6
-17.37%
50 BSV$3,836.34$4,643.01
-17.37%
100 BSV$7,672.69$9,286.01
-17.37%
500 BSV$38,363.44$46,430.07
-17.37%
1000 BSV$76,726.88$92,860.13
-17.37%

Today vs. 1 month ago

Amount02:17 am today1 month ago1M change
0.5 BSV$38.36$56.53
-32.14%
1 BSV$76.73$113.07
-32.14%
5 BSV$383.63$565.33
-32.14%
10 BSV$767.27$1,130.66
-32.14%
50 BSV$3,836.34$5,653.28
-32.14%
100 BSV$7,672.69$11,306.56
-32.14%
500 BSV$38,363.44$56,532.8
-32.14%
1000 BSV$76,726.88$113,065.61
-32.14%

Today vs. 1 year ago

Amount02:17 am today1 year ago1Y change
0.5 BSV$38.36$18.48
+107.62%
1 BSV$76.73$36.96
+107.62%
5 BSV$383.63$184.78
+107.62%
10 BSV$767.27$369.56
+107.62%
50 BSV$3,836.34$1,847.8
+107.62%
100 BSV$7,672.69$3,695.6
+107.62%
500 BSV$38,363.44$18,478.01
+107.62%
1000 BSV$76,726.88$36,956.02
+107.62%

FAQ

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