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WMATIC to AMD Converter and calculator

WMATIC/AMD: 1 WMATIC = 93.11 AMD. The price of converting 1 Wrapped Matic (WMATIC) to Armenian Dram (AMD) is 93.11 AMD today.
WMATIC
WMATIC
AMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides WMATIC to AMD real-time exchange rates, making it easy to convert Wrapped Matic (WMATIC) to Armenian Dram (AMD). The conversion result is based on real-time data. The conversion result shows that 1 WMATIC is currently valued at 93.11 AMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 WMATIC is currently valued at 93.11 AMD, which means buying 5 WMATIC would cost 465.53 AMD. Similarly, ֏1 AMD can be converted to 0.01074 WMATIC, and ֏50 AMD can be converted to 0.05370 WMATIC, excluding any platform or gas fees.

Convert WMATIC to AMD

Convert AMD to WMATIC

Wrapped Matic
Armenian Dram
10 WMATIC
931.05  AMD
20 WMATIC
1,862.11  AMD
50 WMATIC
4,655.27  AMD
100 WMATIC
9,310.54  AMD
200 WMATIC
18,621.08  AMD
500 WMATIC
46,552.71  AMD
1000 WMATIC
93,105.42  AMD
5000 WMATIC
465,527.09  AMD
10000 WMATIC
931,054.19  AMD
In the table above, you'll find a comprehensive WMATIC to AMD converter that shows the value of Wrapped Matic in Armenian Dram across commonly used conversion amounts. The list covers conversions from 1 WMATIC to AMD, all the way up to 10000 WMATIC, providing a clear view of their respective values.
Armenian Dram
Wrapped Matic
10000 AMD
107.41 WMATIC
50000 AMD
537.03 WMATIC
100000 AMD
1,074.05 WMATIC
In the table above, you'll find a comprehensive AMD to WMATIC converter that shows the value of Armenian Dram in Wrapped Matic across commonly used conversion amounts. The list covers conversions from 1 AMD to WMATIC, all the way up to 100000 AMD, providing a clear view of their respective values.

WMATIC to AMD chart

WMATIC/AMD: 1 WMATIC = 93.11 AMD; 2025/04/27 18:18:08
In the past 1D, Wrapped Matic has changed +0.46% to AMD. Based on the trend and price charts, Wrapped Matic(WMATIC) has changed +0.46% to AMD while Armenian Dram(AMD) has changed % to WMATIC in the last 24 hours.
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WMATIC to AMD conversion data: Volatility and price changes of Wrapped Matic in AMD

The highest Wrapped Matic price in AMD over the past 7 days was 244.65 AMD while the lowest Wrapped Matic price in AMD over the past 7 days was 203.97 AMD. The relative change between the highs and lows in Wrapped Matic price in AMD over the last 7 days indicates a volatility of %. You can view additional volatility data and WMATIC 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
232.32 AMD
244.65 AMD
295.09 AMD
420.36 AMD
Low
223.28 AMD
203.97 AMD
203.97 AMD
203.12 AMD
Average
0 AMD
0 AMD
0 AMD
0 AMD
Volatility
%
%
%
%
Change
+0.46%
-5.79%
-22.81%
-41.03%

Wrapped Matic information

WMATIC to AMD market statistics

WMATIC/AMD:
֏93.11
WMATIC 24h volume:
֏2,150,114,383.97
WMATIC market cap:
֏21,517,925,671.55
WMATIC circulating supply:
231.11M WMATIC

Current WMATIC to AMD exchange rate

Wrapped Matic to Armenian Dram is falling this week.
Wrapped Matic's current market price is ֏93.11 per WMATIC, with a total market cap of ֏21,517,925,671.55 AMD based on a circulating supply of 231,113,570 WMATIC. The trading volume of Wrapped Matic has changed by -2.95% (֏-65,290,188.14 AMD) in the last 24 hours. Last trading day, WMATIC's trading volume was ֏2,215,404,572.11.

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

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How to convert WMATIC to AMD

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1 WMATIC to ֏93.11 AMD
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WMATIC to AMD Conversion tables

The exchange rate of Wrapped Matic is decreasing.
The exchange rate of 1 WMATIC to Armenian Dram has changed by -5.79% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.46%, reaching a high of 232.32 AMD and a low of 223.28 AMD . One month ago, the value of 1 WMATIC was ֏159.37 AMD , which represents a -22.81% change from its current value. Over the last year, Wrapped Matic has changed by
-֏
33.2AMD
, resulting in a change of -12.90% in its value.
24 hours ago1 month ago1 year ago
Amount18:18 today24 hours ago24h change
0.5 WMATIC֏46.55֏46.04
+0.46%
1 WMATIC֏93.11֏92.08
+0.46%
5 WMATIC֏465.53֏460.4
+0.46%
10 WMATIC֏931.05֏920.8
+0.46%
50 WMATIC֏4,655.27֏4,604.01
+0.46%
100 WMATIC֏9,310.54֏9,208.02
+0.46%
500 WMATIC֏46,552.71֏46,040.12
+0.46%
1000 WMATIC֏93,105.42֏92,080.24
+0.46%

WMATIC to AMD FAQ

How much is 1 Wrapped Matic in AMD?
Right now, the price of 1 Wrapped Matic (WMATIC) in Armenian Dram (AMD) is ֏93.11.
How much WMATIC can I buy for 1 AMD?
Based on the current exchange rate, you can get 0.01074 WMATIC for 1 AMD.
How do I calculate or convert WMATIC to AMD?
You can use our WMATIC to AMD calculator at the top of this page to convert any amount of WMATIC to AMD. We've also included quick-reference tables for the most popular conversions. For example, 5 AMD is equivalent to 0.05370 WMATIC, while 5 WMATIC will cost around 465.53AMD.
What is the highest price of WMATIC/AMD in history?
The all-time high price of 1 WMATIC in AMD is ֏238,761,035.77. It remains to be seen if the value of 1 WMATIC/AMD will exceed the current all-time high.
What is the price trend of Wrapped Matic in AMD?
Over the past 7 days, the exchange rate of Wrapped Matic (WMATIC) has gone down by 5.79%.   Over the last month, the exchange rate of Wrapped Matic (WMATIC) has gone down by 22.81% against Armenian Dram (AMD).

What factors influence the conversion rate of WMATIC to AMD?

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

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