AMD: Armenian Dram
Floating currency regime with liquidity management by the Central Bank of Armenia.
Real-time wholesale mid-market rate with zero markup. Compare baseline interbank pricing against UAE exchange house spreads and remittance transfer fees.
Historical exchange rate movements based on central bank benchmarks and interbank market liquidity.
Reference tables for common transfer and banknote amounts based on the interbank exchange rate.
| Armenian Dram (AMD) | UAE Dirham (AED) |
|---|---|
| 1 AMD | 0.01 AED |
| 5 AMD | 0.05 AED |
| 10 AMD | 0.10 AED |
| 25 AMD | 0.25 AED |
| 50 AMD | 0.51 AED |
| 100 AMD | 1.02 AED |
| 200 AMD | 2.03 AED |
| 250 AMD | 2.54 AED |
| 500 AMD | 5.08 AED |
| 1,000 AMD | 10.15 AED |
| 2,500 AMD | 25.38 AED |
| 5,000 AMD | 50.76 AED |
| 10,000 AMD | 101.52 AED |
| UAE Dirham (AED) | Armenian Dram (AMD) |
|---|---|
| 1 AED | 98.50 AMD |
| 5 AED | 492.52 AMD |
| 10 AED | 985.05 AMD |
| 25 AED | 2,462.61 AMD |
| 50 AED | 4,925.23 AMD |
| 100 AED | 9,850.46 AMD |
| 200 AED | 19,700.91 AMD |
| 250 AED | 24,626.14 AMD |
| 500 AED | 49,252.28 AMD |
| 1,000 AED | 98,504.56 AMD |
| 2,500 AED | 246,261.40 AMD |
| 5,000 AED | 492,522.79 AMD |
| 10,000 AED | 985,045.59 AMD |
| Provider / Channel | AMD/AED Offered Rate | Effective Markup | Recipient Gets (for 500,000 AMD) | Cost vs. Mid-Market |
|---|---|---|---|---|
|
LocalExchangeRates (Interbank Benchmark)
Pure Mid-Market Rate with zero commercial markup
|
0.0102 AED | 0.00% (Zero Spread) | 5,075.91 AED | Baseline |
|
UAE Licensed Exchange Houses
Al Ansari Exchange / Lulu Exchange / Al Fardan
|
0.0101 AED | ~0.85% spread | 5,032.76 AED | -43.15 AED |
|
UAE Digital Remittance Apps
e& money / Botim / Direct app transfers
|
0.0100 AED | ~1.20% spread | 5,015.00 AED | -60.91 AED |
|
UAE Commercial Retail Banks
Emirates NBD / ADCB / First Abu Dhabi Bank (FAB)
|
0.0099 AED | ~2.80% spread | 4,933.78 AED | -142.13 AED |
|
Airport Foreign Exchange Kiosks
Dubai Airport (DXB) & Abu Dhabi Airport (AUH) counters
|
0.0094 AED | ~7.50% retail cash spread | 4,695.21 AED | -380.69 AED |
Searches for 1 AMD to AED, convert AMD to AED, and AMD AED rate refer to the same interbank calculation: the amount of UAE Dirham received per Armenian Dram. At today's wholesale baseline of 1 AMD = 0.0102 AED (inverse: 1 AED = 98.5046 AMD), key considerations for individuals and remitters include:
Monetary specifications and regulatory details for Armenian Dram and UAE Dirham.
Floating currency regime with liquidity management by the Central Bank of Armenia.
Officially pegged to the US Dollar at 1 USD = 3.6725 AED since 1997.
Exchanging between AMD and AED serves a thriving trade, tourism, and business corridor between the United Arab Emirates and Armenia. With multiple daily direct flights linking Dubai and Sharjah to Yerevan, financial flows across this route are active year-round.
Yerevan has developed an advanced digital payment ecosystem, with contactless payments widely accepted across retail centers, restaurants, and hospitality venues. However, regional travel to historic sites, Dilijan, or Lake Sevan requires cash Armenian Dram. City-center exchange kiosks (such as those within SAS or Yerevan City supermarkets) offer competitive spreads on major currencies.
The prominent Armenian expatriate and business community in the UAE relies on both traditional exchange houses (Al Ansari, Lulu, Sharaf Exchange) and direct digital money transfer operators. For business invoices in precious metals, jewelry, and IT services, commercial banks execute SWIFT wires, though retail money changers usually offer superior cash exchange rates.
UAE customs require travelers carrying cash or monetary instruments of AED 60,000 or greater to declare their funds through the Federal Authority for Identity, Citizenship, Customs and Port Security (ICP). In Armenia, customs regulations require a written passenger declaration when carrying physical currency exceeding the equivalent of $10,000 USD.
Common questions about PLN to CAD conversion, money transfer costs, and bank margins.
The current live wholesale rate is 1 AMD = 0.0102 AED (reverse rate: 1 AED = 98.5046 AMD). At this benchmark, 1,000 AMD equals 10.15 AED.
Using an international credit or debit card with low foreign transaction fees works well for major expenses in Yerevan. However, keeping 20,000 to 50,000 AMD in cash is recommended for taxis, regional markets, and rural excursions.
Because the UAE Dirham is pegged to the US Dollar, the AMD/AED rate mirrors the USD/AMD valuation driven by trade balances, foreign direct investment, and Central Bank of Armenia (CBA) refinancing rate decisions.
When sending money through licensed UAE exchange houses or apps, UAE residents must provide a valid original Emirates ID. Non-residents may use their passport with an entry visa.
Find licensed exchange houses and branch locations across major UAE emirates.
Check related live exchange rates and official interbank currency calculators.