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MONKAS to AMD Converter and calculator

MONKAS/AMD: 1 MONKAS = 0.{4}8116 AMD. The price of converting 1 Monkas (MONKAS) to Armenian Dram (AMD) is 0.{4}8116 AMD today.
MONKAS
MONKAS
AMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides MONKAS to AMD real-time exchange rates, making it easy to convert Monkas (MONKAS) to Armenian Dram (AMD). The conversion result is based on real-time data. The conversion result shows that 1 MONKAS is currently valued at 0.00 AMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 MONKAS is currently valued at 0.00 AMD, which means buying 5 MONKAS would cost 0.00 AMD. Similarly, ֏1 AMD can be converted to 12,322.07 MONKAS, and ֏50 AMD can be converted to 61,610.34 MONKAS, excluding any platform or gas fees.

Convert MONKAS to AMD

Convert AMD to MONKAS

Monkas
Armenian Dram
1 MONKAS
0.{4}8116  AMD
2 MONKAS
0.0001623  AMD
5 MONKAS
0.0004058  AMD
10 MONKAS
0.0008116  AMD
20 MONKAS
0.001623  AMD
50 MONKAS
0.004058  AMD
100 MONKAS
0.008116  AMD
200 MONKAS
0.01623  AMD
500 MONKAS
0.04058  AMD
1000 MONKAS
0.08116  AMD
5000 MONKAS
0.4058  AMD
10000 MONKAS
0.8116  AMD
In the table above, you'll find a comprehensive MONKAS to AMD converter that shows the value of Monkas in Armenian Dram across commonly used conversion amounts. The list covers conversions from 1 MONKAS to AMD, all the way up to 10000 MONKAS, providing a clear view of their respective values.
Armenian Dram
Monkas
10 AMD
123,220.67 MONKAS
50 AMD
616,103.36 MONKAS
100 AMD
1,232,206.72 MONKAS
200 AMD
2,464,413.43 MONKAS
500 AMD
6,161,033.59 MONKAS
1000 AMD
12,322,067.17 MONKAS
2000 AMD
24,644,134.35 MONKAS
5000 AMD
61,610,335.87 MONKAS
10000 AMD
123,220,671.74 MONKAS
50000 AMD
616,103,358.69 MONKAS
100000 AMD
1,232,206,717.38 MONKAS
In the table above, you'll find a comprehensive AMD to MONKAS converter that shows the value of Armenian Dram in Monkas across commonly used conversion amounts. The list covers conversions from 1 AMD to MONKAS, all the way up to 100000 AMD, providing a clear view of their respective values.

MONKAS to AMD chart

MONKAS/AMD: 1 MONKAS = 0.{4}8116 AMD; 2025/04/29 15:07:39
In the past 1D, Monkas has changed +1.49% to AMD. Based on the trend and price charts, Monkas(MONKAS) has changed +1.49% to AMD while Armenian Dram(AMD) has changed % to MONKAS in the last 24 hours.
1D7D1M3M1YAll

MONKAS to AMD conversion data: Volatility and price changes of Monkas in AMD

The highest Monkas price in AMD over the past 7 days was 0.{4}8793 AMD while the lowest Monkas price in AMD over the past 7 days was 0.{4}7665 AMD. The relative change between the highs and lows in Monkas price in AMD over the last 7 days indicates a volatility of %. You can view additional volatility data and MONKAS to AMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.{4}8546 AMD
0.{4}8793 AMD
0.0001108 AMD
0.0003679 AMD
Low
0.{4}8290 AMD
0.{4}7665 AMD
0.{4}7516 AMD
0.{4}7083 AMD
Average
0 AMD
0 AMD
0 AMD
0 AMD
Volatility
%
%
%
%
Change
+1.49%
-6.63%
-24.08%
-76.29%

Monkas information

MONKAS to AMD market statistics

MONKAS/AMD:
֏0.{4}8116
MONKAS 24h volume:
--
MONKAS market cap:
--
MONKAS circulating supply:
0 MONKAS

Current MONKAS to AMD exchange rate

Monkas to Armenian Dram is falling this week.
Monkas's current market price is ֏0.{4}8116 per MONKAS, with a total market cap of ֏0 AMD based on a circulating supply of -- MONKAS. The trading volume of Monkas has changed by 0.00% (֏0 AMD) in the last 24 hours. Last trading day, MONKAS's trading volume was ֏0.

More info about Monkas on Bitget

Armenian Dram 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.

Bitget crypto-to-fiat exchange data shows that the most popular Monkas currency pair is the MONKAS to AMD, with for Monkas's currency code being MONKAS. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AMD.

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How to convert MONKAS to AMD

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MONKAS to AMD Conversion tables

The exchange rate of Monkas is decreasing.
The exchange rate of 1 MONKAS to Armenian Dram has changed by -6.63% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.49%, reaching a high of 0.{4}8546 AMD and a low of 0.{4}8290 AMD . One month ago, the value of 1 MONKAS was ֏0.0001078 AMD , which represents a -24.08% change from its current value. Over the last year, Monkas has changed by
-֏
0.001962AMD
, resulting in a change of -95.89% in its value.
24 hours ago1 month ago1 year ago
Amount15:07 today24 hours ago24h change
0.5 MONKAS֏0.{4}4058֏0.{4}3996
+1.49%
1 MONKAS֏0.{4}8116֏0.{4}7992
+1.49%
5 MONKAS֏0.0004058֏0.0003996
+1.49%
10 MONKAS֏0.0008116֏0.0007992
+1.49%
50 MONKAS֏0.004058֏0.003996
+1.49%
100 MONKAS֏0.008116֏0.007992
+1.49%
500 MONKAS֏0.04058֏0.03996
+1.49%
1000 MONKAS֏0.08116֏0.07992
+1.49%

MONKAS to AMD FAQ

How much is 1 Monkas in AMD?
Right now, the price of 1 Monkas (MONKAS) in Armenian Dram (AMD) is ֏0.{4}8116.
How much MONKAS can I buy for 1 AMD?
Based on the current exchange rate, you can get 12,322.07 MONKAS for 1 AMD.
How do I calculate or convert MONKAS to AMD?
You can use our MONKAS to AMD calculator at the top of this page to convert any amount of MONKAS to AMD. We've also included quick-reference tables for the most popular conversions. For example, 5 AMD is equivalent to 61,610.34 MONKAS, while 5 MONKAS will cost around 0.0004058AMD.
What is the highest price of MONKAS/AMD in history?
The all-time high price of 1 MONKAS in AMD is ֏0.008695. It remains to be seen if the value of 1 MONKAS/AMD will exceed the current all-time high.
What is the price trend of Monkas in AMD?
Over the past 7 days, the exchange rate of Monkas (MONKAS) has gone down by 6.63%.   Over the last month, the exchange rate of Monkas (MONKAS) has gone down by 24.08% against Armenian Dram (AMD).

What factors influence the conversion rate of MONKAS to AMD?

There are many factors that affect the relationship between Monkas and Armenian Dram, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of MONKAS/AMD. When there is positive news in the market about the widespread adoption of MONKAS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of MONKAS/AMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in MONKAS/AMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of MONKAS/AMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Monkas and adjust their investment strategies accordingly in the evolving market.

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