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Speedy to Armenian Dram Converter and calculator

Convert 1Speedy (SPEEDY) to Armenian Dram (AMD) equals ֏ 0.001623 | 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 Speedy(SPEEDY) to Armenian Dram(AMD). This is the real-time data. The current conversion shows 1 SPEEDY at a value of 1 SPEEDY for 0.00 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 Speedy currency pair is the SPEEDY to AMD, with for Speedy's currency code being SPEEDY. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AMD.

SPEEDY to AMD conversion rate trend

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In the past 1D, Speedy has changed -12.42% to AMD. Based on the trend and price charts, Speedy(SPEEDY) has changed -12.42% to AMD while Armenian Dram(AMD) has changed % to SPEEDY in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
֏0.001623
0.0001% / 0.0004%vip-iconVIP
Last updated 2024/05/19 10:22:57(UTC+0)

How to buy Speedy

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

Speedy to Armenian Dram is rising this week.
Speedy's current market price is ֏ 0.001623 per SPEEDY, with a total market cap of ֏ 0 AMD based on a circulating supply of -- SPEEDY. The trading volume of Speedy has changed by +9.11% (֏ 6,599,403.78 AMD) in the last 24 hours. Last trading day, SPEEDY's trading volume was ֏ 72,479,503.81.
Market cap
$0
24h volume
$204.85K
Circulating supply
0 SPEEDY

Conversion tables

The exchange rate of Speedy is decreasing.
1 SPEEDY is currently valued at ֏ 0.001623 AMD , which means buying 5 SPEEDY will cost ֏ 0.008115 AMD . Similarly, ֏1 AMD can be traded for 616.13 SPEEDY, and ֏50 AMD can be converted to 30,806.29 SPEEDY, excluding any platform or gas fees.
The exchange rate of 1 SPEEDY to Armenian Dram has changed by +22.49% in the last 7 days. In the last 24 hours, the rate has fluctuated by -12.42%, reaching a high of 0.001887 AMD and a low of 0.001564 AMD . One month ago, the value of 1 SPEEDY was ֏ 0.004592 AMD , which represents a -64.66% change from its current value. Over the last year, Speedy has changed by
+֏
0.001623AMD
, resulting in a change of --% in its value.

SPEEDY to AMD

Amount
10:22 am today
0.5 SPEEDY
֏0.0008115
1 SPEEDY
֏0.001623
5 SPEEDY
֏0.008115
10 SPEEDY
֏0.01623
50 SPEEDY
֏0.08115
100 SPEEDY
֏0.1623
500 SPEEDY
֏0.8115
1000 SPEEDY
֏1.62

AMD to SPEEDY

Amount10:22 am today
0.5AMD308.06  SPEEDY
1AMD616.13  SPEEDY
5AMD3,080.63  SPEEDY
10AMD6,161.26  SPEEDY
50AMD30,806.29  SPEEDY
100AMD61,612.58  SPEEDY
500AMD308,062.89  SPEEDY
1000AMD616,125.77  SPEEDY
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Today vs. 24 hours ago

Amount10:22 am today24 hours ago24h change
0.5 SPEEDY$0.{5}2102$0.{5}2400
-12.42%
1 SPEEDY$0.{5}4204$0.{5}4801
-12.42%
5 SPEEDY$0.{4}2102$0.{4}2400
-12.42%
10 SPEEDY$0.{4}4204$0.{4}4801
-12.42%
50 SPEEDY$0.0002102$0.0002400
-12.42%
100 SPEEDY$0.0004204$0.0004801
-12.42%
500 SPEEDY$0.002102$0.002400
-12.42%
1000 SPEEDY$0.004204$0.004801
-12.42%

Today vs. 1 month ago

Amount10:22 am today1 month ago1M change
0.5 SPEEDY$0.{5}2102$0.{5}5948
-64.66%
1 SPEEDY$0.{5}4204$0.{4}1190
-64.66%
5 SPEEDY$0.{4}2102$0.{4}5948
-64.66%
10 SPEEDY$0.{4}4204$0.0001190
-64.66%
50 SPEEDY$0.0002102$0.0005948
-64.66%
100 SPEEDY$0.0004204$0.001190
-64.66%
500 SPEEDY$0.002102$0.005948
-64.66%
1000 SPEEDY$0.004204$0.01190
-64.66%
Buy Speedy for 1 AMD
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Today vs. 1 year ago

Amount10:22 am today1 year ago1Y change
0.5 SPEEDY$0.{5}2102$0.{9}1151
--
1 SPEEDY$0.{5}4204$0.{9}2301
--
5 SPEEDY$0.{4}2102$0.{8}1151
--
10 SPEEDY$0.{4}4204$0.{8}2301
--
50 SPEEDY$0.0002102$0.{7}1151
--
100 SPEEDY$0.0004204$0.{7}2301
--
500 SPEEDY$0.002102$0.{6}1151
--
1000 SPEEDY$0.004204$0.{6}2301
--

Speedy price prediction

What will the price of SPEEDY be in 2025?

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

What will the price of SPEEDY be in 2030?

In 2030, the SPEEDY price is expected to rise by -18.00%. By the end of 2030, the SPEEDY price is projected to reach --, with a cumulative ROI of 0.00%.
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Buy Speedy for 1 AMD
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