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Salad to Armenian Dram Converter and calculator

Convert 1Salad (SALD) to Armenian Dram (AMD) equals ֏ 0.3400 | Bitget
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Last updated 2024/12/19 01:32:45 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Salad(SALD) to Armenian Dram(AMD). This is the real-time data. The current conversion shows 1 SALD at a value of 1 SALD for 0.34 AMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

AMD 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.

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

SALD to AMD conversion rate trend

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Live Salad (SALD) price chart
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In the past 1D, Salad has changed -7.22% to AMD. Based on the trend and price charts, Salad(SALD) has changed -7.22% to AMD while Armenian Dram(AMD) has changed +7.79% to SALD in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
֏0.3483
0.0200% / 0.0320%vip-iconVIP 7
Bybit
֏0.3468
0.1000% / 0.1000%
Yes
Last updated 2024/12/19 00:00:23(UTC+0)

How to buy Salad

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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Salad (SALD)
Use a variety of payment options to buy Salad on Bitget. We'll show you how.

Buy SALD (or USDT) for AMD (Armenian Dram) offers

Bitget P2P trading does not currently support direct buying of SALD with AMD. However, you can buy USDT in Bitget P2P trading first, and then buy SALD with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
Payment methods
Zero fees
Action
No matching ads found.

Sell SALD (or USDT) for AMD (Armenian Dram) offers

Bitget P2P trading currently does not support direct selling of SALD to AMD. However, you can first exchange SALD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Salad to Armenian Dram?

Salad to Armenian Dram is falling this week.
Salad's current market price is ֏ 0.3400 per SALD, with a total market cap of ֏ 25,711,017.07 AMD based on a circulating supply of 75,610,750 SALD. The trading volume of Salad has changed by -47.50% (֏ -23,554,097.94 AMD) in the last 24 hours. Last trading day, SALD's trading volume was ֏ 49,586,843.86.
Market cap
$65.25K
24h volume
$66.07K
Circulating supply
75.61M SALD

Conversion tables

The exchange rate of Salad is decreasing.
1 SALD is currently valued at ֏ 0.3400 AMD , which means buying 5 SALD will cost ֏ 1.7 AMD . Similarly, ֏1 AMD can be traded for 2.94 SALD, and ֏50 AMD can be converted to 147.04 SALD, excluding any platform or gas fees.
The exchange rate of 1 SALD to Armenian Dram has changed by -27.70% in the last 7 days. In the last 24 hours, the rate has fluctuated by -7.22%, reaching a high of 0.3699 AMD and a low of 0.3400 AMD . One month ago, the value of 1 SALD was ֏ 0.4115 AMD , which represents a -17.37% change from its current value. Over the last year, Salad has changed by
-֏
3.4AMD
, resulting in a change of -90.92% in its value.

SALD to AMD

Amount
01:32 am today
0.5 SALD
֏0.1700
1 SALD
֏0.3400
5 SALD
֏1.7
10 SALD
֏3.4
50 SALD
֏17
100 SALD
֏34
500 SALD
֏170.02
1000 SALD
֏340.04

AMD to SALD

Amount01:32 am today
0.5AMD1.47  SALD
1AMD2.94  SALD
5AMD14.7  SALD
10AMD29.41  SALD
50AMD147.04  SALD
100AMD294.08  SALD
500AMD1,470.4  SALD
1000AMD2,940.79  SALD

Today vs. 24 hours ago

Amount01:32 am today24 hours ago24h change
0.5 SALD$0.0004315$0.0004651
-7.22%
1 SALD$0.0008630$0.0009301
-7.22%
5 SALD$0.004315$0.004651
-7.22%
10 SALD$0.008630$0.009301
-7.22%
50 SALD$0.04315$0.04651
-7.22%
100 SALD$0.08630$0.09301
-7.22%
500 SALD$0.4315$0.4651
-7.22%
1000 SALD$0.8630$0.9301
-7.22%

Today vs. 1 month ago

Amount01:32 am today1 month ago1M change
0.5 SALD$0.0004315$0.0005222
-17.37%
1 SALD$0.0008630$0.001044
-17.37%
5 SALD$0.004315$0.005222
-17.37%
10 SALD$0.008630$0.01044
-17.37%
50 SALD$0.04315$0.05222
-17.37%
100 SALD$0.08630$0.1044
-17.37%
500 SALD$0.4315$0.5222
-17.37%
1000 SALD$0.8630$1.04
-17.37%

Today vs. 1 year ago

Amount01:32 am today1 year ago1Y change
0.5 SALD$0.0004315$0.004749
-90.92%
1 SALD$0.0008630$0.009498
-90.92%
5 SALD$0.004315$0.04749
-90.92%
10 SALD$0.008630$0.09498
-90.92%
50 SALD$0.04315$0.4749
-90.92%
100 SALD$0.08630$0.9498
-90.92%
500 SALD$0.4315$4.75
-90.92%
1000 SALD$0.8630$9.5
-90.92%

Salad price prediction

What will the price of SALD be in 2025?

Based on SALD's historical price performance prediction model, the price of SALD is projected to reach $0.002133 in 2025.

What will the price of SALD be in 2030?

In 2030, the SALD price is expected to change by -19.00%. By the end of 2030, the SALD price is projected to reach $0.004060, with a cumulative ROI of +334.29%.

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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.