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Armenian dram

Currency
Local nameՀայկական Դրամ  
ISO 4217 CodeAMD
Official userArmenia, Nagorno-Karabakh Republic
Inflation4.5% (Armenia only)
Subunit
1/100luma (լումա)
Symbol 
Coins and Banknotes
Central bankCentral Bank of Armenia

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The dram ( ; sign: ; code: AMD) is the monetary unit of Armenia and the Nagorno-Karabakh Republic. It is subdivided into 100 luma ( ). The word "dram" translates into English as "money" and is cognate with the Greek drachma. The Central Bank of Armenia has the exclusive right of issuing the national currency according to Armenian law.


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