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USD to AMD - Compare Exchange Rates

United States 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.

 

USD to AMD interbank exchange rate = 483.3015

Right now the USD/AMD interbank exchange rate is 483.3015. 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 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

This USD/AMD Converter calculates equivalent United States 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.

USD / AMD converter & margin calculator


$USD
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Mid-rates:
 

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1 Week USD to AMD
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United States Dollar

Armenian Dram

1 USD 483.30 AMD
5 USD 2,416.51 AMD
10 USD 4,833.02 AMD
20 USD 9,666.03 AMD
50 USD 24,165.08 AMD
100 USD 48,330.15 AMD
250 USD 120,825.38 AMD
500 USD 241,650.75 AMD
1,000 USD 483,301.50 AMD
2,000 USD 966,603.00 AMD
5,000 USD 2,416,507.50 AMD
10,000 USD 4,833,015.00 AMD
50,000 USD 24,165,075.00 AMD
100,000 USD 48,330,150.00 AMD
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United States Dollar

Armenian Dram

0.0021 USD 1 AMD
0.0103 USD 5 AMD
0.0207 USD 10 AMD
0.0414 USD 20 AMD
0.1035 USD 50 AMD
0.2069 USD 100 AMD
0.5173 USD 250 AMD
1.0345 USD 500 AMD
2.0690 USD 1,000 AMD
4.1380 USD 2,000 AMD
10.35 USD 5,000 AMD
20.69 USD 10,000 AMD
103.45 USD 50,000 AMD
206.90 USD 100,000 AMD
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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.

DateExchange RatePeriodChange
20 Apr 2019483.3015Latest
13 Apr 2019487.27641 Week-0.82%
21 Mar 2019485.88631 Month-0.53%
22 Oct 2018484.50656 Months-0.25%
20 Apr 2018479.54501 Year+0.78%
20 Apr 2017486.65742 Years-0.69%
21 Apr 2014417.14505 Years+15.86%
22 Apr 2009370.617510 Years+30.4%

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.

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 USD to AMD exchange rate

  1. 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.
  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 United States 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 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

In the third week of April the Dollar Index was rallying strongly towards the mid-97s, slightly below major resistance at 97.70, a break of which would be massively positive for the greenback. The index was up 1.7 percent year-to-date.

The dollar’s strength comes in spite of a dovish surprise in March from the Federal Reserve, which ditched two interest rate hikes from its 2019 projections. Fortunately for dollar holders, the rest of the world has problems and other important central banks also turned dovish, removing much of the incentive for selling USD.

Bloomberg research warned in April of potential for a large upcoming move in the US dollar, up or down. Over the past quarter-century, three prominent troughs in the JPMorgan Global FX Volatility Index were followed by dollar moves over 6-month periods worth 10-15 percent. The index was trading in mid-April at a 5-year low.

Armenian Dram (AMD) - Market news and forecasts

No recent Armenian Dram market updates.