Armenian Dram

The Armenian Dram increased to 414.12 in April from 413.31 in March of 2014. Armenian Dram averaged 421.84 from 1999 until 2014, reaching an all time high of 590.40 in March of 2003 and a record low of 301.96 in August of 2008. The USDAMD spot exchange rate specifies how much one currency, the USD, is currently worth in terms of the other, the AMD. While the USDAMD spot exchange rate is quoted and exchanged in the same day, the USDAMD forward rate is quoted today but for delivery and payment on a specific future date. This page provides - Armenian Dram - actual values, historical data, forecast, chart, statistics, economic calendar and news. 2014-04-23

Actual Previous Highest Lowest Forecast Dates Unit Frequency
414.12 413.31 590.40 301.96 412.33 | 2014/05 1999 - 2014 Daily

TO

Armenian Dram
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Markets Last Previous Highest Lowest Forecast Unit
Currency 414.12 2014-04-22 413.31 590.40 301.96 412.33 2014-05-31 [+]
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Currency | Notes
An exchange rate is the current market price for which one currency can be exchanged for another. For instance, if the Euro exchange rate for the United States Dollar stands at 1.3, this means that 1 euro can be exchanged for 1.3 U.S. dollars. Because exchange rates play such an important role in a country's competiveness level, currency exchange rates are among the most analysed and forecasted indicators in the world. The exchange rate is determined by the level of supply and demand on the international markets. However, changes in foreign exchange market rates are often difficult to understand and to predict because the market is very large and volatile. In fact, the currency markets are the most liquid in the world with a daily turnover of close to $2 trillion, which compares to $500 billion for the US government bond market and $70 billion on the New York Stock Exchange.


RELATED NEWS

Armenia Exports at 129.90 USD Million  
Exports in Armenia increased to 129.90 USD Million in March of 2014 from 121.20 USD Million in February of 2014. Exports in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Imports at 373.30 USD Million  
Imports in Armenia increased to 373.30 USD Million in March of 2014 from 306.30 USD Million in February of 2014. Imports in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Industrial Production at -0.30 Percent  
Industrial Production in Armenia decreased 0.30 percent in March of 2014 over the same month in the previous year. Industrial Production in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Balance of Trade at -243.40 USD Million  
Armenia recorded a trade deficit of 243.40 USD Million in March of 2014. Balance of Trade in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Retirement Age Men at 63.00  
Retirement Age Men in Armenia remained unchanged at 63 in 2014 from 63 in 2013. Retirement Age Men in Armenia is reported by the State Social Security Service.
Armenia Retirement Age Women at 62.50  
Retirement Age Women in Armenia remained unchanged at 62.50 in 2014 from 62.50 in 2013. Retirement Age Women in Armenia is reported by the State Social Security Service.
Armenia Gold Reserves at 0.00 Tonnes  
Gold Reserves in Armenia remained unchanged at 0 Tonnes in the fourth quarter of 2013 from 0 Tonnes in the third quarter of 2013. Gold Reserves in Armenia is reported by the World Gold Council.
Armenia Core Inflation Rate at 1.80 Percent  
Core Inflation Rate in Armenia increased 1.80 percent in March of 2014 over the same month in the previous year. Core Inflation Rate in Armenia is reported by the Central Bank of Armenia.
Armenia Retail Sales YoY at 4.60 Percent  
Retail Sales in Armenia increased 4.60 percent in January of 2014 over the same month in the previous year. Retail Sales YoY in Armenia is reported by the Central Bank of Armenia.
Armenia Producer Prices at 100.10 Index Points  
Producer Prices in Armenia decreased to 100.10 Index Points in February of 2014 from 101.10 Index Points in January of 2014. Producer Prices in Armenia is reported by the National Statistical Service of the Republic of Armenia.
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LATEST NEWS

US New Home Sales Fall Sharply in March  
Sales of new single-family houses dropped 14.5 percent in March of 2014 to their lowest level in eight months. Sales were recorded at a seasonally adjusted annual rate of 384,000, below the revised February rate of 449,000.
US Markit Manufacturing PMI Steady in April  
At 55.4 in April, the Markit Flash U.S. Manufacturing PMI was down fractionally from 55.5 in March, but still well above the neutral 50.0 value. Sharper rates of output and new business growth boosted the Manufacturing PMI during April, while the main negative influence on the headline index was a rise in the suppliers’ delivery times component.
Bank of Thailand Leaves Interest Rate Unchanged  
At its April 23rd, 2014 meeting, the Monetary Policy Committee left the benchmark interest rate on hold at 2.0 percent. Policymakers expect 2014 growth to be lower than previous assessed due to prolonged political unrest.
South Africa Inflation Rate Back to 6%  
South African annual consumer prices accelerated for the fourth straight month in March of 2014 to a six-month high 6 percent. On a monthly basis, prices advanced 1.3 percent, the fastest pace in five years.
Singapore Inflation Rate Edges Up in March  
Annual consumer prices rose 1.2 percent in March of 2014, up from a 0.4 percent increase in February, mainly due to a smaller fall in car prices. Contributions from all other major categories, except accommodation, were also slightly higher.
Australia Inflation Rate Accelerates Further in Q1  
Australian annual consumer prices advanced 2.9 percent in the first three months of 2014, up from 2.7 percent in the previous quarter, but below market forecasts. The rise was driven by seasonal increases in cost of healthcare, transport and school fees, and by a large hike in tobacco duties.
Mexico Unemployment Rate Up to 4.8% in March  
Mexican unadjusted jobless rate rose to 4.8 percent in March of 2014, up from 4.65 percent in February and 4.51 percent a year earlier. Upon seasonal adjustment, the unemployment rate rose to its highest in more than one year to 5.25 percent.
Hong Kong Unemployment Rate Unchanged in March  
Hong Kong’ seasonally adjusted jobless rate remained steady at 3.1 percent for the third consecutive period in January to March of 2014, down from 3.5 percent a year earlier.
Hong Kong Inflation Rate Unchanged in March  
Hong Kong annual consumer prices rose 3.9 percent in March of 2014, the same rate recorded in February. In the first quarter of 2014, the inflation rate rose by 4.2 percent over a year earlier. The corresponding increase after netting out the effects of all Government's one-off relief measures was 3.8 percent.
China Cuts Reserve Ratio for Rural Banks  
The People's Bank of China decided to cut the reserve requirement ratio by 2 percentage points for rural commercial banks and by 0.5 percentage point for rural credit cooperatives, aiming to stimulate growth in some parts of the country. The cut will be effective from April 25th, 2014.
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