Currency Information on Armenian Dram - AMD — Armenian Dram - ֏
The dram has existed in many forms since 1199, when silver coins were called dram, although these were not necessarily in Armenia. The etymology of the word “dram” comes from the Greek word “drachma” and the Arabic word “dirham”, all three of these words translate into English as “money”.
One dram subdivides into 100 luma and each coin and banknote has a different name. Current coins in circulation are 10 dram – tas, 20 dram – ksan, 50 dram – hisun, 100 dram – haryur, 200 dram – yerkuharyur and 500 dram – hingharyur.
Banknotes in circulation range from the 1,000 dram not, known as hazar, 5,000 dram –hing hazar, 10,000 dram – tas hazar, 20,000 dram – ksan hazar, 50, 000 dram – hisun hazar and 100,000 dram, called haryur hazar.
Over a year ago we expanded our IT company and opened a new office in the UK. We have two offices in Europe now; we need to send money abroad very often, from Portugal to the UK and from the UK to Portugal. Knowing how to send money internationally in a safe way is therefore a crucial need for us on a weekly basis.
Comment written by Tiago Goncalves Director of an it Company.
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