Armenia Currency





The Armenian dram (AMD)

The dram is the monetary unit of Armenia and the neighboring Republic of Artsakh.
It was historically subdivided into 100 luma.
The word "dram" translates into English as "money" and is cognate with the Greek drachma and the Arabic dirham, as well as the English weight unit dram.
The first instance of a dram currency was in the period from 1199 to 1375, when silver coins called dram were issued.



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