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SHIBA to AMD Converter and calculator

SHIBA/AMD: 1 SHIBA = 0.01985 AMD. The price of converting 1 Shiba Armstrong (SHIBA) to Armenian Dram (AMD) is 0.01985 AMD today.
SHIBA
SHIBA
AMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SHIBA to AMD real-time exchange rates, making it easy to convert Shiba Armstrong (SHIBA) to Armenian Dram (AMD). The conversion result is based on real-time data. The conversion result shows that 1 SHIBA is currently valued at 0.02 AMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SHIBA is currently valued at 0.02 AMD, which means buying 5 SHIBA would cost 0.10 AMD. Similarly, ֏1 AMD can be converted to 50.37 SHIBA, and ֏50 AMD can be converted to 251.86 SHIBA, excluding any platform or gas fees.

Convert SHIBA to AMD

Convert AMD to SHIBA

Shiba Armstrong
Armenian Dram
1000 SHIBA
19.85  AMD
5000 SHIBA
99.26  AMD
10000 SHIBA
198.52  AMD
In the table above, you'll find a comprehensive SHIBA to AMD converter that shows the value of Shiba Armstrong in Armenian Dram across commonly used conversion amounts. The list covers conversions from 1 SHIBA to AMD, all the way up to 10000 SHIBA, providing a clear view of their respective values.
Armenian Dram
Shiba Armstrong
200 AMD
10,074.34 SHIBA
500 AMD
25,185.84 SHIBA
1000 AMD
50,371.68 SHIBA
2000 AMD
100,743.36 SHIBA
5000 AMD
251,858.4 SHIBA
10000 AMD
503,716.81 SHIBA
50000 AMD
2,518,584.05 SHIBA
100000 AMD
5,037,168.1 SHIBA
In the table above, you'll find a comprehensive AMD to SHIBA converter that shows the value of Armenian Dram in Shiba Armstrong across commonly used conversion amounts. The list covers conversions from 1 AMD to SHIBA, all the way up to 100000 AMD, providing a clear view of their respective values.

SHIBA to AMD chart

SHIBA/AMD: 1 SHIBA = 0.01985 AMD; 2025/04/26 12:12:45
In the past 1D, Shiba Armstrong has changed +0.83% to AMD. Based on the trend and price charts, Shiba Armstrong(SHIBA) has changed +0.83% to AMD while Armenian Dram(AMD) has changed % to SHIBA in the last 24 hours.
1D7D1M3M1YAll

SHIBA to AMD conversion data: Volatility and price changes of Shiba Armstrong in AMD

The highest Shiba Armstrong price in AMD over the past 7 days was 0.02397 AMD while the lowest Shiba Armstrong price in AMD over the past 7 days was 0.01985 AMD. The relative change between the highs and lows in Shiba Armstrong price in AMD over the last 7 days indicates a volatility of %. You can view additional volatility data and SHIBA 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
0.02026 AMD
0.02397 AMD
0.03154 AMD
0.05053 AMD
Low
0.02006 AMD
0.01985 AMD
0.01985 AMD
0.01985 AMD
Average
0 AMD
0 AMD
0 AMD
0 AMD
Volatility
%
%
%
%
Change
+0.83%
-11.20%
-3.11%
-61.12%

Shiba Armstrong information

SHIBA to AMD market statistics

SHIBA/AMD:
֏0.01985
SHIBA 24h volume:
֏1,238,532.57
SHIBA market cap:
--
SHIBA circulating supply:
0 SHIBA

Current SHIBA to AMD exchange rate

Shiba Armstrong to Armenian Dram is falling this week.
Shiba Armstrong's current market price is ֏0.01985 per SHIBA, with a total market cap of ֏0 AMD based on a circulating supply of -- SHIBA. The trading volume of Shiba Armstrong has changed by 0.00% (֏0 AMD) in the last 24 hours. Last trading day, SHIBA's trading volume was ֏1,238,532.57.

More info about Shiba Armstrong 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 Shiba Armstrong currency pair is the SHIBA to AMD, with for Shiba Armstrong's currency code being SHIBA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AMD.

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How to convert SHIBA to AMD

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SHIBA to AMD Conversion tables

The exchange rate of Shiba Armstrong is decreasing.
The exchange rate of 1 SHIBA to Armenian Dram has changed by -11.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.83%, reaching a high of 0.02026 AMD and a low of 0.02006 AMD . One month ago, the value of 1 SHIBA was ֏0.02050 AMD , which represents a -3.11% change from its current value. Over the last year, Shiba Armstrong has changed by
-֏
0.4459AMD
, resulting in a change of -95.66% in its value.
24 hours ago1 month ago1 year ago
Amount12:12 today24 hours ago24h change
0.5 SHIBA֏0.009926֏0.009843
+0.83%
1 SHIBA֏0.01985֏0.01969
+0.83%
5 SHIBA֏0.09926֏0.09843
+0.83%
10 SHIBA֏0.1985֏0.1969
+0.83%
50 SHIBA֏0.9926֏0.9843
+0.83%
100 SHIBA֏1.99֏1.97
+0.83%
500 SHIBA֏9.93֏9.84
+0.83%
1000 SHIBA֏19.85֏19.69
+0.83%

SHIBA to AMD FAQ

How much is 1 Shiba Armstrong in AMD?
Right now, the price of 1 Shiba Armstrong (SHIBA) in Armenian Dram (AMD) is ֏0.01985.
How much SHIBA can I buy for 1 AMD?
Based on the current exchange rate, you can get 50.37 SHIBA for 1 AMD.
How do I calculate or convert SHIBA to AMD?
You can use our SHIBA to AMD calculator at the top of this page to convert any amount of SHIBA to AMD. We've also included quick-reference tables for the most popular conversions. For example, 5 AMD is equivalent to 251.86 SHIBA, while 5 SHIBA will cost around 0.09926AMD.
What is the highest price of SHIBA/AMD in history?
The all-time high price of 1 SHIBA in AMD is ֏5.68. It remains to be seen if the value of 1 SHIBA/AMD will exceed the current all-time high.
What is the price trend of Shiba Armstrong in AMD?
Over the past 7 days, the exchange rate of Shiba Armstrong (SHIBA) has gone down by 11.20%.   Over the last month, the exchange rate of Shiba Armstrong (SHIBA) has gone down by 3.11% against Armenian Dram (AMD).

What factors influence the conversion rate of SHIBA to AMD?

There are many factors that affect the relationship between Shiba Armstrong 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 SHIBA/AMD. When there is positive news in the market about the widespread adoption of SHIBA or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SHIBA/AMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SHIBA/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 SHIBA/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 Shiba Armstrong and adjust their investment strategies accordingly in the evolving market.

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