Armenian Dram

The Armenian Dram increased to 414.06 in April from 413.31 in March of 2014. Armenian Dram averaged 421.88 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. 2014-04-19

Actual Previous Highest Lowest Forecast Dates Unit Frequency
414.06 413.31 590.40 301.96 412.27 | 2014/05 1999 - 2014 Daily

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Armenian Dram
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Markets Last Previous Highest Lowest Forecast Unit
Currency 413.68 2014-04-18 413.31 590.40 301.96 412.27 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 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.
Armenia Unemployed Persons at 57.50 Thousand  
The number of unemployed persons in Armenia increased to 57.50 Thousand in February of 2014 from 55.90 Thousand in January of 2014. Unemployed Persons in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Capital Flows at 1025.30 USD Million  
Capital Flows in Armenia increased to 1025.30 USD Million in 2013 from 857.30 USD Million in 2012. Capital Flows in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Consumer Confidence at 40.90  
Consumer Confidence in Armenia decreased to 40.90 in the fourth quarter of 2013 from 41.90 in the third quarter of 2013. Consumer Confidence in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Consumer Price Index (CPI) at 101.20 Index Points  
Consumer Price Index (CPI) in Armenia decreased to 101.20 Index Points in March of 2014 from 101.60 Index Points in February of 2014. Consumer Price Index (CPI) in Armenia is reported by the National Statistical Service of the Republic of Armenia.
Armenia Core Consumer Prices at 100.02 Index Points  
Core Consumer Prices in Armenia increased to 100.02 Index Points in March of 2014 from 99.55 Index Points in February of 2014. Core Consumer Prices in Armenia is reported by the Central Bank of Armenia.
Armenia Current Account at -335.94 USD Million  
Armenia recorded a Current Account deficit of 335.94 USD Million in the fourth quarter of 2013. Current Account in Armenia is reported by the Central Bank of Armenia.
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Russia Unemployment Drops in March  
Russian jobless rate fell for the first time in four months to 5.4 percent, after remaining stable at 5.6 percent in the previous two months.
Canada Inflation Rises Above Forecasts in March  
The annual consumer prices in Canada accelerated to 1.5 percent in March of 2014 following a 1.1 increase in the previous month, as energy prices surged.
US Jobless Claims Rise Slightly  
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Brazil Unemployment Rate Down to 5%  
In March of 2014, Brazil’s jobless rate fell by 0.1 percentage point to 5 percent, below market forecasts. A year earlier, unemployment reached 5.7 percent.
Dutch Unemployment Rate Falls for the First Time in 2014  
In March of 2014, Netherlands’ seasonally adjusted jobless rate fell to 8.7 percent from 8.8 percent in the previous month and 8.1 percent a year earlier, as more people left permanently the labor market rather than found jobs.
Singaporean Trade Surplus Narrows Sharply in March  
The trade surplus decreased 51.1 percent in March of 2014 over a year earlier and 47.2 percent from February to SGD 2.3 billion. Imports rose at a faster pace than exports, as sales of pharmaceuticals and electronics fell, while shipments of petrochemicals and re-exports contributed to overall increase.
Mozambique Leaves Lending Rate Steady at 8.25%  
At its April 16th, 2014 meeting, Bank of Mozambique left its benchmark interest rate unchanged at 8.25 percent for the sixth consecutive meeting, saying this was consistent with meeting domestic economic targets for 2014.
Spanish Trade Deficit Narrows to 4-Month Low  
In February of 2014, Spanish trade gap decreased to € 1.62 billion, down from € 2.82 billion in the previous month. Compared with the same month a year earlier, the trade deficit widened 37 percent.
Angolan Inflation Rate Down To 7.32% in March  
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