United States Dollar to Armenian Dram - Convert Compare Save
USD to AMD mid-rate = 486.6457
Right now the USD/AMD market mid-rate is 486.6457
and represents ideally how many Armenian Dram you can get for one United States 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
You can calculate equivalent United States Dollar to Armenian Dram currency amounts (at mid-rate) below.
USD / AMD Converter
1 United States Dollar equals 486.6457Armenian Dram
1 AMD =
1 AMD =
Compare how much you can save on USD/AMD exchange rates for:
United States Dollar to Armenian Dram (USD-AMD) - 10 Year History
The below table shows the historic variation in the USD/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 USD versus other currencies : USD historical charts.
10 Dec 2018
03 Dec 2018
10 Nov 2018
13 Jun 2018
10 Dec 2017
10 Dec 2016
11 Dec 2013
12 Dec 2008
Best Rates for USD/AMD Transfers and Travel Money
The total transaction cost you will be charged is the margin from the mid-rate offered by your foreign exchange provider plus any fixed or percentage fees.
These margins and fees will vary significantly for International Money Transfers and Travel Money transactions.
Why can't I just get the USD/AMD market rate I see on Google or in the Media?
The USD/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 USD / 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 USD/AMD midrate the better deal you are getting.
The three things you need in order to get a good USD to AMD exchange rate
Know the latest USD/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.
Compare your Bank's transaction costs
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
Currency News, Research and Forecasts for United States Dollar and Armenian Dram
Whenever you are interested in an exchange rate you are actually interested in two currencies due to the fact that the value of a currency must always be quoted in comparison to a second currency.
So it follows that if you are determining the best time to transact, in this case the USD vs AMD, you should pay attention to both United States Dollar and Armenian Dram news and forecasts.
United States Dollar (USD) - Market news and forecasts
2018 has been a good year for the dollar; certainly much better than 2017, in which the world’s reserve currency lost 10 percent of its value on a trade-weighted basis. Entering the third week of November 2018, the dollar stood nearly 5 percent higher than its level on January 1st. The dollar benefitted in the month leading up to this report from Brexit uncertainty in Europe and from a collapse in the oil market, which saw its value rise against petro-currencies.
Seasonality becomes an important supporting factor for the dollar approaching year-end, and especially in November. Since 2010, the dollar has averaged trade-weighted gains of 1.8 percent in November and 0.2 percent in December.
In September, Citibank said of the dollar’s 6-12-month outlook that 3-4 percent upside was likely, followed by an 11 percent loss in the long term. It predicted EUR/USD climbing as high as $1.30, from levels in the high $1.13s at the time of writing.
Like Citi, ING remain long-term bearish on the dollar. ING isn't ruling out interventions and jawboning from Washington aimed at weakening the dollar. President Trump clearly would like a far weaker currency.
J.P. Morgan said in November that the dollar would be worth slightly more in the first half of 2019, before weakening slightly in the second half of the year.
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