Canadian Dollar to Armenian Dram — exchange rate

Country of Circulation: Canada

Currency Code, Symbol: CAD, $

Denominations of coins in circulation: 5¢, 10¢, 25¢, $1, $2

Denominations of banknotes in circulation: $5, $10, $20, $50, $100

History: The Canadian dollar (symbol: CA$, code: CAD, number 124) is used for financial operations within Canada. The abbreviation of the currency used on the exchange market and in exchange offices is CAD. One Canadian dollar correlates to 100 cents.The currency was introduced in 1858. The government had used the Spanish real previously. Some types and denominations of the $ currency are not issued anymore. However, Canada officially accepts all types of currency units that have been issued since 1935. It should be mentioned that CAD is included in the list of the most traded world currencies, namely in the top ten.Read More

Country of Circulation: Armenia, Artsakh

Currency Code, Symbol: AMD, ֏

Denominations of coins in circulation: 10֏, 20֏, 50֏, 100֏, 200֏, 500֏

Denominations of banknotes in circulation: 1000֏, 2000֏, 5000֏, 10,000֏, 20,000֏, 50,000֏

History: The Armenian dram (֏) is the national currency of the Republic of Armenia, used within the borders of this Caucasian country. Abbreviation AMD is used on the exchange market. 1 dram could be previously subdivided into 100 lum.However, there are no coins or notes worth less than 10 dram used right now. The currency was issued in 1993 after the dissolution of the Soviet Union. Before that, the Soviet rubles had been in use. The country’s symbol on the notes was presented as iconic figures from the Armenian people, and as great architectural and art monuments as well. Being decorated with a colorful design denomination introduces us the national coat of arms. The monetary unit’s name comes from the Greek drachma.Read More