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AUD to AMD - Compare Exchange Rates

Australian Dollar to Armenian Dram - Convert Compare Save

The total cost you are charged by your foreign exchange provider consists of the margin from the mid-rate offered plus any fixed or percentage fees. These margins and fees vary significantly for International Money Transfers and Travel Money transactions as shown below.

 

AUD to AMD interbank exchange rate = 343.5

Right now the AUD/AMD interbank exchange rate is 343.5. It’s also called the mid-market rate or just the mid-rate and is the rate that banks use when trading large amounts of foreign currencies with one another.

It's the reference rate we use to calculate how much you are being charged to convert Armenian Dram to Australian Dollar.

Looking for AMD travel money? Then it is important to note that the Armenian Dram is a closed currency. Which means that you will not be able to purchase the currency before departure and will need to buy it upon arrival. For more information and a full list of closed currencies read our guide: What is a closed currency?

A good solution for closed currencies is to use a pre-paid travel card to avoid carrying large amounts of cash and also minimise ATM fees - Compare Travel Cards

This AUD/AMD Converter calculates equivalent Australian Dollar to Armenian Dram amounts at the market mid-rate. You can also enter your own rates to find out the percentage difference to the latest market rates you are being charged.

AUD / AMD converter & margin calculator


$AUD
AMD
Mid-rates:
 
Sending AUD->AMD we recommend:

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1 Week AUD to AMD
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Australian Dollar

Armenian Dram

1 AUD 343.50 AMD
5 AUD 1,717.50 AMD
10 AUD 3,435.00 AMD
20 AUD 6,870.00 AMD
50 AUD 17,175.00 AMD
100 AUD 34,350.00 AMD
250 AUD 85,875.00 AMD
500 AUD 171,750.00 AMD
1,000 AUD 343,500.00 AMD
2,000 AUD 687,000.00 AMD
5,000 AUD 1,717,500.00 AMD
10,000 AUD 3,435,000.00 AMD
50,000 AUD 17,175,000.00 AMD
100,000 AUD 34,350,000.00 AMD
See more

Australian Dollar

Armenian Dram

0.0029 AUD 1 AMD
0.0146 AUD 5 AMD
0.0291 AUD 10 AMD
0.0582 AUD 20 AMD
0.1456 AUD 50 AMD
0.2911 AUD 100 AMD
0.7278 AUD 250 AMD
1.4555 AUD 500 AMD
2.9110 AUD 1,000 AMD
5.8220 AUD 2,000 AMD
14.56 AUD 5,000 AMD
29.11 AUD 10,000 AMD
145.55 AUD 50,000 AMD
291.10 AUD 100,000 AMD
See more

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Australian Dollar to Armenian Dram (AUD-AMD) - 10 Year History

The below table shows the historic variation in the AUD/AMD exchange rate over the last 10 years. The percentage change is the difference from the date shown to present. This lets you decide if the current rate is in your favour. You can also view our various charts of AUD versus other currencies : AUD historical charts.

DateExchange RatePeriodChange
19 Mar 2019345.2858Latest
12 Mar 2019345.13061 Week+0.04%
17 Feb 2019347.82171 Month-0.73%
20 Sep 2018351.46176 Months-1.76%
19 Mar 2018368.78131 Year-6.37%
19 Mar 2017372.42972 Years-7.29%
20 Mar 2014377.27135 Years-8.48%
21 Mar 2009256.306010 Years+34.72%

Why can't I just get the AUD/AMD market rate I see on Google or in the Media?

The AUD/AMD mid-rate is the rate you will see Quoted on Google or the News, nobody except the largest banks and businesses can get exchange rates close to this mid-rate. It is actually just the theoretical half-way point (hence mid-rate) between the last rate at which the AUD / AMD was traded (bought or sold) in the international markets.

Getting a good market rate is mainly about timing however the transaction margin you end up being charged can be considerably reduced by around a few percent (of total amount being exchanged) for travel money and possibly over 5% to 6% when sending money. The exact potential savings depends on the currencies being exchanged and the amount you are transferring and if you are willing to shop around.

The closer your final exchange rate is to the market AUD/AMD midrate the better deal you are getting.

Our real-time foreign transfer and travel money/cards comparison calculators make shopping around easy and help you calculate how much you can save.

The three things you need in order to get a good AUD to AMD exchange rate

  1. Know the latest AUD/AMD market mid-rate. The closer your final exchange rate is to this real market rate the better deal you are getting. You should also judge how the current rate compares to the historic rate over the past 10 years.
  2. Compare your Bank's transaction costs to several licensed FX providers, remember to compare the exchange rate margins as well as the various types of fees. We make that easy to do with our calculators for Foreign Transfers and Travel Money transactions.
  3. Review up-to-date Currency News and Forecasts for both the and currencies, if available.

Currency news and forecasts for Australian Dollar and Armenian Dram

Whenever you are researching a particular exchange rate you are actually interested in two currencies as the value of a currency must always be quoted relative to a second currency.

So it follows that if you are determining the best time to transact, in this case the AUD vs AMD, you should pay attention to both Australian Dollar and Armenian Dram news and forecasts.

Australian Dollar (AUD) - Market news and forecasts

Following a flash crash in early January, which saw the Australian dollar briefly trade at a 10-year low of $0.674, the Aussie recovered to $0.73, but then, as it had done before the flash crash, it commenced with a slow and steady decline, and it was back at $0.705 in mid-March and was predicted to fall further.

In February, HSBC predicted a year-end AUD/USD rate of $0.66. In March, Westpac and JP Morgan were slightly more upbeat and argued for $0.68.

Fuelling lower exchange rate forecasts is the Australian economic story, for which major themes include a housing market slump, Chinese growth and the US-China trade spat. The RBA slashed growth forecasts in February and markets are now pricing in 1-2 interest rate cuts this year.

Another Aussie exchange rate worth mentioning is AUD/GBP, which sank in mid-March to its lowest level in nearly 3 years, at just £0.53. The Australian dollar has been unable to compete with the pound of late, since the latter benefits every time the British government fails to make a decision on how to deliver Brexit (every time Brexit appears less likely or to be delayed).

Armenian Dram (AMD) - Market news and forecasts

No recent Armenian Dram market updates.

Currency News and Forecasts - Australian Dollar

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