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Topic: Dram currency

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Convertible mark

ISO 4217

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	Excite UK - Travel - Asia - Armenia - Currency
		Dram notes are printed in denominations of AMD50,000, 20,000, 10,000, 5000, 1000, 500, 200, 100, 50, 25 and 10.
		Coins are in denominations of 500, 200, 100, 50, 20, 10 and 1 Dram, and 50 and 20 luma.
		Visitors using the national currency are advised to carry plenty of small change as some shops and, particularly markets, may be unable to accept large denominations.
	travel.excite.co.uk /travel/guides/asia/armenia/Currency (329 words)

	fx4business
		The currency was established in 1972 at par with the PAKISTAN RUPEE.
		The currency was established in 1955 at par with the INDOCHINESE PIASTRE.
		While free floating currencies which fall consistently over time may be said to have "devalued", the term is more applicable to the actions of governments or central Banks who, willingly or not, act to increase their countrys' competitiveness by reducing the value of their currencies.
	www.fx4business.com /services/EasyReference.html (4075 words)

	Currency Codes
		The Currency System family of software and services is licensed to use official ISO 4217 currency codes, published by the International Organization for Standardization.
		For example, USD stands for "United States dollar" (note that currency names are written in lower case, unless required otherwise by language rules, as in German, or by the local context, such as titles in English).
		Currency Server uses ISO 4217 currency codes for internal storage, in the COM/ActiveX and Web service interfaces, and when collecting information from certain exchange rate data sources.
	www.currencysystem.com /codes (322 words)

	Life in Armenia: Super Dram
		The dram has gained more than 30 percent in value against the dollar in the last two and a half years - much of it this past year.
		The Armenian Central Bank, which sets the dram’s exchange rate, argues that its main mission is to suppress inflation, rather than protect local exporters and jobs...
		I hope that in Armenia, the increase in the value of the dram will bring more buying power to the consumer and that the government will make sure that "exchange owners" and "dollar owners" are not the only people benefiting from it.
	www.cilicia.com /2006/06/super-dram.html (680 words)

	Armenian dram - Wikipedia, the free encyclopedia
		The dram (Armenian: Դրամ) (ISO 4217: AMD) is the monetary unit of Armenia.
		The modern dram came into effect on 22 November 1993, at a rate of 200 rubles = 1 dram (1 USD : 14.5 AMD).
		Currency in circulation has shown steady growth since first issue in 1993.
	en.wikipedia.org /wiki/Dram_(currency) (654 words)

	HyeEtch - Republic of Armenia - Currency & Stamps p1
		The introduction of the Dram (Tram) in November 1993 as a national currency made an independent monetary policy possible.
		The initial exchange rate of the Dram against the US Dollar was set at 14 Dram.
		When first introduced, the value of the Dram was rapidly eroded by inflation creating near financial ruin for Armenian citizens and enterprises.
	www.hyeetch.nareg.com.au /republic/currency_p1.html (571 words)

	BI.C Currency Index
		Gold is the currency of last resort that has tested the history of time, the only currency that has survived as paper fiat currencies come and go with the government of the day.
		If the public loses complete faith in their currency and monetary system with the continuation of global debasement of many fiat currencies now a common phenomenon, gold may very well play an important currency role in the 21st century.
		Currency evaluation is a very subjective profession based upon analyzing many objective and subjective variables.
	www.bankintroductions.com /currency.html (2818 words)

	Armenia Letter of Intent, December 8, 1998
		Given the projected rise in the multiplier associated with a small decline in the demand for currency, dram broad money is expected to grow by 15¼ percent, and net official international reserves are expected to decline marginally during 1999.
		Official reserve liabilities in convertible currencies shall be defined as outstanding liabilities to the IMF, and other convertible currency liabilities of the CBA to nonresidents with an original maturity of up to and including one year.
		Dram broad money of the banking system is defined as the total of currency outside banks, plus banking system deposits of households and enterprises in drams, excluding accrued interest.
	www.imf.org /external/np/loi/120998.HTM (8981 words)

	The Mavens' Word of the Day
		The lyrics of my favorite Bob Dylan song, "Moonshiner," has the word "dram" in it: "The whole world's a bottle, and life's but a dram." My dictionary says that it means a small amount of something to drink, but I'm curious as to its origin.
		Dram has two meanings referring to fluid measure: one is the specific one, 'a fluid dram', equal to 1/8 of a fluid ounce.
		These meanings derive from the use of dram as a unit of weight, equal to 60 grains, or 1/8 of an ounce, in apothecaries' weight (3.88 grams metric), or 1/16 of an ounce in standard avoirdupois weight (1.77 grams metric; apothecaries' and avoirdupois ounces are not identical).
	www.randomhouse.com /wotd/index.pperl?date=19970618 (242 words)

	Reference.com/Encyclopedia/Armenian dram
		The dram (Դրամ) (ISO 4217: AMD) is the monetary unit of Armenia.
		The modern dram came into effect on 22 November 1993, at a rate of 200 rubles = 1 dram (1 USD : 14.5 AMD).
		It should be noted that the Dram is not pegged to any other currency, unlike the currencies of many other nations.
	www.reference.com /browse/wiki/Armenian_dram (374 words)

	Armenian Currency Rates, Convert Armenian Dinar, Dram Moves, Dram Exchange Rates
		The modern dram came into existence on Nov. 22, 1993, where the exchange rate was roughly 14 AMD to 1 USD.
		According the President of the Central Bank of Armenia, the best way to gauge the future values of the USD and ARD currency pair is to follow economic growth and in different fields and determine the demand of the currency in these fields.
		Dram is the sole legal tender but all major currencies are accepted at retail and financial institutions and in private transactions
	www.gocurrency.com /countries/armenia.htm (579 words)

	EurasiaNet Business & Economics - Armenian Government Under Fire Over Continuing Currency Appreciation
		What’s good for Armenia’s currency, the dram, means tougher times for perhaps a majority of Armenians.
		The rapid rise of the dram’s value against major global currencies, especially the US dollar and European Union euro, has hit a large part of Armenia’s population hard, and threatens to stifle the country’s exports.
		Such allegations resurfaced after the dram rose from 450 to 420 in a matter of days before stabilizing at the current level.
	www.eurasianet.org /departments/business/articles/eav050205.shtml (1195 words)

	Currencies of the World
		A currency followed by "(lim.flex.)" indicates that the currency exhibits limited flexibility vis-à-vis the currency named in the regime column.
		Currency: drachma; Symbol: Dr; Subdivision: 100 lepta (sg.
		Currency: króna; Symbol: IKr; Subdivision: 100 aurar (sg.
	fx.sauder.ubc.ca /currency_list.html (2433 words)

	Calculator for Armenian Dram (AMD) Currency Exchange Rate Conversion
		Enter the amount to be converted in the box to the left of the currency and press the "convert" button.
		Most individual currency factors are updated daily, although some may be slightly older.
		View the currency factors, the data sources, the update dates, and smallest currency units
	coinmill.com /AMD_calculator.html (304 words)

	ArmPort.com Forum: Message Board of Armenian Business & Trade Portal - powered by XMB (Site not responding. Last check: 2007-10-03)
		The dram has gained more than 5 percent in value against the greenback over the past 10 days, approaching a three-year high registered in the middle of December.
		The dollar was worth approximately 470 drams when President Robert Kocharian held an emergency meeting with members of the Armenian Central Bank’s board on April 13, admitting that “speculative activities” have played a role in the unprecedented exchange rate fluctuations.
		Economists critical of the Armenian government have renewed their allegations that the Central Bank is artificially bolstering the dram in an effort to benefit government-connected importers of some key commodities.
	www.armport.com /Forum/viewthread.php?tid=1080 (635 words)

	Currency - Economy - Armenia - Asia
		Inflation accelerated greatly as a result of the influx of old rubles, which were worthless in Russia.
		The Central Bank of Russia demanded strict control of the new ruble, prompting Armenian leaders to issue a separate currency, called the dram, in November 1993.
		The dram was originally issued at a rate of 200 rubles per dram.
	www.countriesquest.com /asia/armenia/economy/currency.htm (135 words)

	Foreign Exchange Rates (Site not responding. Last check: 2007-10-03)
		The foreign exchange policy of the Central Bank is aimed at ensuring the reliability and international credibility of the Armenian Dram and creating a legal and economic framework for current transactions, movement of capital as well as for foreign investments, by effective management of foreign reserves of the Republic of Armenia.
		The exchange rate is market-determined and Central Bank's intervention in the foreign exchange market aimed at moderating the rate of change and preventing undue fluctuations in the exchange rate, rather than establishing a level for it.
		Individuals are authorized to transfer, deliver, and export securities and any cash currency denominated in national or foreign currency up to the equivalent of 5 million Dram without any restriction.
	www.cba.am /monmenu.asp?monleft=2 (592 words)

	Currency Dram, Croatia Currency, Greece Currency, Currency Rate, Currency Trade
		currency dram The excited voice of the table appeared on the retro-Marxists.
		currency dram And although in town and raised his duffel bag unlocked...
		currency dram She moved them around here to remove the generous lips...
	exyra.com /swd03/currency-1.html (1031 words)

	Asbarez Online - August 8, 2006 (Site not responding. Last check: 2007-10-03)
		YEREVAN Armenia's national currency, the dram, surged to a new high against the US dollar on Tuesday, continuing its dramatic appreciation which is hitting hard local exporters and ordinary people dependent on external cash remittances.
		The dram is now worth 40 percent more, in dollar terms, than it was at the start of its prolonged strengthening in December 2003.
		He said that while the CBA is right to assert that the dram has been pushed up by increased remittances, it should have loosened its monetary policy and increased the amount of drams in circulation.
	www.asbarez.com /aol/2006/060808.htm (1651 words)

	Currency Exchange, Foreign Currency, Convert Currency, Dram Currency, Canadian Currency (Site not responding. Last check: 2007-10-03)
		dram currency His hands and tails of her too still and Carson.
		currency exchange Given our time itself dangerous body and the name is? I would have made even intentions resonate across his daughter.
		dram currency She turned on the starting time to make eye contact.
	zocop.info /swd03/currency.html (1036 words)

	Currency fluctuation causes concern in Armenia [Archive] - Armenian Diaspora News Forum
		dram's value is not near a point where it could frustrate exports.
		The dram's sudden and unexpected rise could benefit the government.
		Agajanov predicted that the dram is headed for a crash.
	www.armeniandiaspora.com /forum/archive/index.php/t-7670.html (672 words)

	Asian Development Outlook 2006 - Armenia - ADB.org
		Rapidly growing remittances and a strengthening of the capital and financial account led to an appreciation of the domestic currency, the dram, by 16.6% between 2004 and 2005 (Figure 2.1.2).
		A new law that requires certain transactions to be conducted only in drams, as part of the Government's drive toward de-dollarization of the economy, as well as the dram's appreciation, has increased demand for the local currency.
		Uncertainty about money demand in light of official efforts to encourage the use of domestic rather than foreign currency, given its appreciation, will require both vigilance and flexibility on the authorities' part in setting monetary policy if target inflation is to be achieved.
	www.adb.org /Documents/books/ADO/2006/arm.asp (2256 words)

	Armenia's Emerging Banking System
		The Central Bank of Armenia conducts national monetary policy, issues the national currency, the dram, and grants licenses to individuals or organizations engaged in banking and money exchange operations.
		Although the dram is the sole legal tender in Armenia, U.S. dollars and other major currencies are accepted mediums of exchange at retail and financial institutions and in private transactions.
		Currency can be exchanged at numerous exchange offices owned by banks and individuals.
	permanent.access.gpo.gov /lps1733/9811bank-1.htm (975 words)

	Policy Framework Papers - Republic of Armenia: 1996-1998--Text
		Against this background, the Government introduced a national currency, the dram, in November 1993, substantially tightened financial policies, and accelerated the pace of structural reform.
		This is important during the period to come, since large structural changes are expected to occur (including changes in the trade pattern after the lifting of the economic blockade), autonomous capital flows remain unpredictable, and since the dram is likely to be undervalued in real terms at present relative to its long-run equilibrium level.
		Should demand for drams over the medium term increase more than anticipated, the CBA will respond with a mix of foreign reserve accumulation and exchange rate appreciation.
	www.imf.org /external/np/pfp/arme/arme-01.htm (7576 words)

	ArmPort.com Forum: Message Board of Armenian Business & Trade Portal - powered by XMB (Site not responding. Last check: 2007-10-03)
		President Robert Kocharian said on Friday that the renewed strengthening of the national currency, the dram, resulted not only from market factors but also speculative dealing, openly disagreeing with the Armenian Central Bank.
		Kocharian was quoted by his press office as demanding “resolute and quick actions” to prevent further currency fluctuations during what appeared to be an emergency meeting with members of the bank's governing board.
		The greenback has lost ground to other major world currencies in the course of the year, but its fall has been particularly dramatic in Armenia where it was worth 565 drams in December 2003.
	www.armport.com /Forum/viewthread.php?tid=1045 (422 words)

	Armenian Dram Increases By 0.10% Against U.S. Dollar In Early August - Armenia Diaspora Conference Official Site (Site not responding. Last check: 2007-10-03)
		Yerevan, August 10, Noyan Tapan - The Armenian dram increased by 0.10% against the U.S. dollar trading at 518.57 drams instead of 519.07 drams from July 30 to August 5.
		Exchange deals amounting to 52 mln, 229 thousand dollars with an average weighted exchange rate at 517.50 drams were carried out on the currency market of the republic during
		During the indicated period the Central Bank also carried out 1 mln, 450 thousand-dram currency swap (with the duration of 48 days and with an annual yield at 3.51%).
	www.armeniadiaspora.com /js04/040810dram.html (116 words)

	Tools - FXstreet.com
		Get up to 365 days of historical data for all of the world's currency pairs.
		Reckon the pip of the Major Currency pairs.
		You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
	www.fxstreet.com /forex-tools (213 words)

	FXConverter - Currency Converter for 164 Currencies
		FXConverter (Foreign Exchange Currency Converter) is a multi-lingual Currency Converter with up to date exchange rates provided from leading market data contributors and is filtered for validity.
		To get the exchange rates for any of the 164 currencies, select the desired currencies from the lists below, as well as the date, language, and amount for which you would like to conduct the currency conversion.
		Buy Currency and Travelers Cheques delivered to your home for your next trip with FXDelivery.
	www.oanda.com /convert/classic (371 words)

	Currency Converter Server in ASP.NET and C#
		Currency Converter Server in ASP.NET and C# Submitted By User Level
		Jeff Prosise has written an article "Currency Converter with ASP.NET Web Forms", he pretty much explained how to load XML data with ASP.NET from the "Rates.xml" file.
		In this article I have created Currency Converter Server which can be scheduled to extract the data from third party site and build the "Rates.xml" dynamically.
	www.c-sharpcorner.com /Code/2003/Feb/CurrencyConverter.asp (375 words)

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