The dram in Georgia
The official Armenian dram (AMD) rate covers 1,000 drams. Divide it by 1,000 for a single dram; the GEL value of 10,000 AMD is ten times the displayed quote.
Compare buy rates when selling drams and sell rates when buying them for a trip to Armenia. Also confirm that the chosen branch handles the currency.
Questions and answers
What is the Armenian Dram rate today?
The official figure at the top shows the GEL value of 1000 AMD, with its effective date. Commercial buy and sell offers appear below where the site has available quotes.
How do I calculate the GEL value of AMD?
Multiply the amount by the official quote and divide by 1000. This page quotes the official rate per 1000 AMD. The converter handles the quantity automatically.
Should I use the AMD buy or sell rate?
Use Buy if you hand AMD to a provider and receive GEL. Use Sell if you buy AMD with GEL. A higher buy rate or lower sell rate gives a better result before fees.
Why do official and commercial AMD rates differ?
The official figure is a reference; the provider sets its own buy and sell quotes. The official rate need not fall between them and does not set a limit on commercial prices.
Why is there no bank or office quote for AMD?
The site may have no applicable commercial data, or it may be unconfirmed for more than 24 hours. This does not mean exchange is unavailable everywhere; check with a provider.
What do the AMD chart and tomorrow’s rate represent?
The chart shows available official history, not commercial quotes. Tomorrow’s figure appears only after NBG publication, with its effective date. Neither is a forecast.