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Retik Finance to Armenian Dram Converter and calculator

Convert 1Retik Finance (RETIK) to Armenian Dram (AMD) equals ֏ 31.95 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Retik Finance(RETIK) to Armenian Dram(AMD). This is the real-time data. The current conversion shows 1 RETIK at a value of 1 RETIK for 31.95 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.

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

RETIK to AMD conversion rate trend

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In the past 1D, Retik Finance has changed +3.02% to AMD. Based on the trend and price charts, Retik Finance(RETIK) has changed +3.02% to AMD while Armenian Dram(AMD) has changed % to RETIK in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
֏31.95
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/06/23 09:05:47(UTC+0)

How to buy Retik Finance

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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.
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Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Retik Finance (RETIK)
Use a variety of payment options to buy Retik Finance on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of RETIK with AMD. However, you can buy USDT in Bitget P2P trading first, and then buy RETIK 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
Amount64.74 USDT
Limit3940 - 67000 AMD
Bank TransferUnibankIDBankInecobankAmeriabankArCAArmBusinessBankArmEconomBank
Buy
_
_SuperFASTVerified Merchant
20 tradesCompletion rate 95.00%
430 AMD
Amount500 USDT
Limit3940 - 215000 AMD
Bank TransferUnibankIDBankInecobankAmeriabankArCAArmBusinessBankArmEconomBank
Buy

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

Bitget P2P trading currently does not support direct selling of RETIK to AMD. However, you can first exchange RETIK 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%
377.02 AMD
Amount1732.66 USDT
Limit4000 - 555000 AMD
Bank TransferUnibankIDBankInecobankAmeriabankArCAArmBusinessBankArmEconomBank
Sell
_
_SuperFASTVerified Merchant
20 tradesCompletion rate 95.00%
370.43 AMD
Amount9999.99 USDT
Limit3940 - 2000000 AMD
Bank TransferUnibankIDBankInecobankAmeriabankArCAArmBusinessBankArmEconomBank
Sell
L
Lord-changeVerified Merchant
27 tradesCompletion rate 90.00%
370.43 AMD
Amount20000 USDT
Limit4000 - 7335600 AMD
Bank TransferCash in PersonUnibankIDBankInecobankAmeriabankArCAArmBusinessBankArmEconomBank
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 Retik Finance to Armenian Dram?

Retik Finance to Armenian Dram is falling this week.
Retik Finance's current market price is ֏ 31.95 per RETIK, with a total market cap of ֏ 0 AMD based on a circulating supply of -- RETIK. The trading volume of Retik Finance has changed by +0.98% (֏ 7,908,733.27 AMD) in the last 24 hours. Last trading day, RETIK's trading volume was ֏ 810,238,015.98.
Market cap
$0
24h volume
$2.11M
Circulating supply
0 RETIK

Conversion tables

The exchange rate of Retik Finance is decreasing.
1 RETIK is currently valued at ֏ 31.95 AMD , which means buying 5 RETIK will cost ֏ 159.76 AMD . Similarly, ֏1 AMD can be traded for 0.03130 RETIK, and ֏50 AMD can be converted to 1.56 RETIK, excluding any platform or gas fees.
The exchange rate of 1 RETIK to Armenian Dram has changed by -11.74% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.02%, reaching a high of 34 AMD and a low of 29.53 AMD . One month ago, the value of 1 RETIK was ֏ 402.24 AMD , which represents a -92.06% change from its current value. Over the last year, Retik Finance has changed by
+֏
31.95AMD
, resulting in a change of --% in its value.

RETIK to AMD

Amount
09:05 am today
0.5 RETIK
֏15.98
1 RETIK
֏31.95
5 RETIK
֏159.76
10 RETIK
֏319.52
50 RETIK
֏1,597.58
100 RETIK
֏3,195.15
500 RETIK
֏15,975.76
1000 RETIK
֏31,951.52

AMD to RETIK

Amount09:05 am today
0.5AMD0.01565  RETIK
1AMD0.03130  RETIK
5AMD0.1565  RETIK
10AMD0.3130  RETIK
50AMD1.56  RETIK
100AMD3.13  RETIK
500AMD15.65  RETIK
1000AMD31.3  RETIK
Buy Retik Finance for 1 AMD
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Today vs. 24 hours ago

Amount09:05 am today24 hours ago24h change
0.5 RETIK$0.04124$0.04004
+3.02%
1 RETIK$0.08249$0.08007
+3.02%
5 RETIK$0.4124$0.4004
+3.02%
10 RETIK$0.8249$0.8007
+3.02%
50 RETIK$4.12$4
+3.02%
100 RETIK$8.25$8.01
+3.02%
500 RETIK$41.24$40.04
+3.02%
1000 RETIK$82.49$80.07
+3.02%

Today vs. 1 month ago

Amount09:05 am today1 month ago1M change
0.5 RETIK$0.04124$0.5192
-92.06%
1 RETIK$0.08249$1.04
-92.06%
5 RETIK$0.4124$5.19
-92.06%
10 RETIK$0.8249$10.38
-92.06%
50 RETIK$4.12$51.92
-92.06%
100 RETIK$8.25$103.84
-92.06%
500 RETIK$41.24$519.22
-92.06%
1000 RETIK$82.49$1,038.44
-92.06%
Buy Retik Finance for 1 AMD
A welcome pack worth 1000 USDT for new Bitgetters!
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Today vs. 1 year ago

Amount09:05 am today1 year ago1Y change
0.5 RETIK$0.04124$-0.{5}2336
--
1 RETIK$0.08249$-0.{5}4672
--
5 RETIK$0.4124$-0.{4}2336
--
10 RETIK$0.8249$-0.{4}4672
--
50 RETIK$4.12$-0.0002336
--
100 RETIK$8.25$-0.0004672
--
500 RETIK$41.24$-0.002336
--
1000 RETIK$82.49$-0.004672
--

Retik Finance price prediction

What will the price of RETIK be in 2025?

Based on RETIK's historical price performance prediction model, the price of RETIK is projected to reach -- in 2025.

What will the price of RETIK be in 2030?

In 2030, the RETIK price is expected to rise by -10.00%. By the end of 2030, the RETIK price is projected to reach --, with a cumulative ROI of 0.00%.
Buy Retik Finance for 1 AMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Retik Finance now

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Buy Retik Finance for 1 AMD
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Buy Retik Finance for 1 AMD
A welcome pack worth 1000 USDT for new Bitgetters!
Buy Retik Finance now

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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 Retik Finance 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 Retik Finance 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 Retik Finance 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 Retik Finance for 1 AMD

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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.