Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn
base info Bittensor

Bittensor to Armenian Dram Converter and calculator

Convert 1Bittensor (TAO) to Armenian Dram (AMD) equals ֏ 108,121.23 | Bitget
TAO
TAO
swap
AMD
Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
Want to display this on your website?
Bitget converter offers real-time exchange rates, allowing for easy conversion of Bittensor(TAO) to Armenian Dram(AMD). This is the real-time data. The current conversion shows 1 TAO at a value of 1 TAO for 108,121.23 AMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

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.

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

TAO to AMD conversion rate trend

1D7D1M3M1YAll
In the past 1D, Bittensor has changed -0.01% to AMD. Based on the trend and price charts, Bittensor(TAO) has changed -0.01% to AMD while Armenian Dram(AMD) has changed % to TAO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
֏108,062.93
0.0200% / 0.0320%vip-iconVIP 7
Binance
֏107,760.8
0.1000% / 0.1000%
Yes
Gate.io
֏107,799.53
0.1000% / 0.1000%
Yes
KuCoin
֏107,873.13
0.1000% / 0.1000%
Yes
Last updated 2024/06/23 20:00:23(UTC+0)

How to buy Bittensor

buy-coin-step-0-img
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
buy-coin-step-1-img
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
buy-coin-step-2-img
Buy Bittensor (TAO)
Use a variety of payment options to buy Bittensor on Bitget. We'll show you how.

Buy TAO (or USDT) for AMD (Armenian Dram) offers

Bitget P2P trading does not currently support direct buying of TAO with AMD. However, you can buy USDT in Bitget P2P trading first, and then buy TAO with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
e
exchange ARMENIAVerified Merchant
10 tradesCompletion rate 77.00%
429.5 AMD
Amount564.74 USDT
Limit3940 - 242555.83 AMD
Bank TransferUnibankIDBankInecobankAmeriabankArCAArmBusinessBankArmEconomBank
Buy
_
_SuperFASTVerified Merchant
20 tradesCompletion rate 95.00%
430 AMD
Amount500 USDT
Limit3940 - 215000 AMD
Bank TransferUnibankIDBankInecobankAmeriabankArCAArmBusinessBankArmEconomBank
Buy

Sell TAO (or USDT) for AMD (Armenian Dram) offers

Bitget P2P trading currently does not support direct selling of TAO to AMD. However, you can first exchange TAO for USDT in the Bitget spot market, and then sell USDT to AMD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
e
exchange ARMENIAVerified Merchant
10 tradesCompletion rate 77.00%
378.02 AMD
Amount1732.66 USDT
Limit4000 - 555000 AMD
Bank TransferUnibankIDBankInecobankAmeriabankArCAArmBusinessBankArmEconomBank
Sell
L
Lord-changeVerified Merchant
28 tradesCompletion rate 90.00%
377.04 AMD
Amount20000 USDT
Limit4000 - 7335600 AMD
Bank TransferCash in PersonUnibankIDBankInecobankAmeriabankArCAArmBusinessBankArmEconomBank
Sell
_
_SuperFASTVerified Merchant
20 tradesCompletion rate 95.00%
370.34 AMD
Amount9999.99 USDT
Limit3940 - 2000000 AMD
Bank TransferUnibankIDBankInecobankAmeriabankArCAArmBusinessBankArmEconomBank
Sell
E
Exchange_AMDVerified Merchant
2 tradesCompletion rate 100.00%
370.34 AMD
Amount2000 USDT
Limit20000 - 370100 AMD
Bank TransferUnibankIDBankInecobankAmeriabankArCAArmBusinessBankArmEconomBank
Sell
C
CryptoTroubleVerified Merchant
1 tradesCompletion rate 100.00%
370.26 AMD
Amount1979.86 USDT
Limit4000 - 400000 AMD
IDBankInecobank
Sell

What factors influence the conversion rate of Bittensor to Armenian Dram?

Bittensor to Armenian Dram is falling this week.
Bittensor's current market price is ֏ 108,121.23 per TAO, with a total market cap of ֏ 754,009,147,953.84 AMD based on a circulating supply of 6,973,738 TAO. The trading volume of Bittensor has changed by +18.13% (֏ 1,934,112,846.33 AMD) in the last 24 hours. Last trading day, TAO's trading volume was ֏ 10,665,494,925.8.
Market cap
$1.95B
24h volume
$32.53M
Circulating supply
6.97M TAO

Conversion tables

The exchange rate of Bittensor is decreasing.
1 TAO is currently valued at ֏ 108,121.23 AMD , which means buying 5 TAO will cost ֏ 540,606.17 AMD . Similarly, ֏1 AMD can be traded for 0.{5}9249 TAO, and ֏50 AMD can be converted to 0.0004624 TAO, excluding any platform or gas fees.
The exchange rate of 1 TAO to Armenian Dram has changed by -10.74% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 112,356.99 AMD and a low of 107,319.37 AMD . One month ago, the value of 1 TAO was ֏ 166,336.82 AMD , which represents a -34.85% change from its current value. Over the last year, Bittensor has changed by
+֏
11,532.77AMD
, resulting in a change of +449.25% in its value.

TAO to AMD

Amount
20:14 today
0.5 TAO
֏54,060.62
1 TAO
֏108,121.23
5 TAO
֏540,606.17
10 TAO
֏1,081,212.35
50 TAO
֏5,406,061.74
100 TAO
֏10,812,123.48
500 TAO
֏54,060,617.42
1000 TAO
֏108,121,234.84

AMD to TAO

Amount20:14 today
0.5AMD0.{5}4624  TAO
1AMD0.{5}9249  TAO
5AMD0.{4}4624  TAO
10AMD0.{4}9249  TAO
50AMD0.0004624  TAO
100AMD0.0009249  TAO
500AMD0.004624  TAO
1000AMD0.009249  TAO
Buy Bittensor for 1 AMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Bittensor now

Today vs. 24 hours ago

Amount20:14 today24 hours ago24h change
0.5 TAO$139.57$139.57
-0.01%
1 TAO$279.13$279.15
-0.01%
5 TAO$1,395.65$1,395.74
-0.01%
10 TAO$2,791.31$2,791.48
-0.01%
50 TAO$13,956.53$13,957.42
-0.01%
100 TAO$27,913.05$27,914.84
-0.01%
500 TAO$139,565.26$139,574.19
-0.01%
1000 TAO$279,130.52$279,148.38
-0.01%

Today vs. 1 month ago

Amount20:14 today1 month ago1M change
0.5 TAO$139.57$214.71
-34.85%
1 TAO$279.13$429.42
-34.85%
5 TAO$1,395.65$2,147.11
-34.85%
10 TAO$2,791.31$4,294.22
-34.85%
50 TAO$13,956.53$21,471.12
-34.85%
100 TAO$27,913.05$42,942.24
-34.85%
500 TAO$139,565.26$214,711.21
-34.85%
1000 TAO$279,130.52$429,422.42
-34.85%
Buy Bittensor for 1 AMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Bittensor now

Today vs. 1 year ago

Amount20:14 today1 year ago1Y change
0.5 TAO$139.57$24.68
+449.25%
1 TAO$279.13$49.36
+449.25%
5 TAO$1,395.65$246.79
+449.25%
10 TAO$2,791.31$493.57
+449.25%
50 TAO$13,956.53$2,467.85
+449.25%
100 TAO$27,913.05$4,935.7
+449.25%
500 TAO$139,565.26$24,678.51
+449.25%
1000 TAO$279,130.52$49,357.01
+449.25%

Bittensor price prediction

What will the price of TAO be in 2025?

Based on TAO's historical price performance prediction model, the price of TAO is projected to reach $306.32 in 2025.

What will the price of TAO be in 2030?

In 2030, the TAO price is expected to rise by -14.00%. By the end of 2030, the TAO price is projected to reach $380.4, with a cumulative ROI of +36.28%.
Buy Bittensor for 1 AMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Bittensor now

Bitget Earn

A safe, convenient, and professional platform to maximize your crypto asset profits.
Coin

APR

Action
Buy Bittensor for 1 AMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Bittensor now
Buy Bittensor for 1 AMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Bittensor now

Latest coin listings on Bitget

New listings

FAQ

What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Bittensor and AMD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Bittensor and AMD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Bittensor in AMD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.

Buy Bittensor for 1 AMD

A welcome pack worth 1000 USDT for new Bitgetters!

Buy Bittensor now
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.