R1 to AMD Converter and calculator
The Bitget R1 to AMD converter allows you to calculate the exact value of Ratio1 in Armenian Dram based on the real-time Ratio1 global price index. Conversion rate data is derived from an aggregation of global Ratio1 trading price information. Whether you're planning trades, tracking portfolio value, or monitoring market dynamics, the converter provides accurate and timely valuations.

R1 to AMD chart
R1/AMD: 1 R1 = 161 AMD. The price of converting 1 Ratio1 (R1) to Armenian Dram (AMD) is 161 AMD today.
In the past 1D, Ratio1 has changed +1.50% to AMD. Based on the trend and price charts, Ratio1(R1) has changed +1.50% to AMD while Armenian Dram(AMD) has changed % to R1 in the last 24 hours.
Live R1 priceConverting cryptocurrency and fiat currency on the Bitget platform
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The table below shows the most actively traded crypto-to-fiat pairs available on Bitget fiat trading. All exchange rates are aggregated from leading global liquidity providers and market data platforms and are updated in real time.
Conversion rates
Convert R1 to AMD
Convert AMD to R1
R1 to AMD conversion data: Volatility and price changes of Ratio1 in AMD
| Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
|---|---|---|---|---|
High | 161 AMD | 166.43 AMD | 176 AMD | 213.51 AMD |
Low | 158.24 AMD | 155.13 AMD | 155.13 AMD | 52.11 AMD |
Average | 0 AMD | 0 AMD | 0 AMD | 0 AMD |
Volatility | % | % | % | % |
Change | +1.50% | -0.30% | -3.65% | -15.35% |
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Ratio1 information
R1 to AMD market statistics
Current R1 to AMD exchange rate
Ratio1 to Armenian Dram is falling this week.More info about Ratio1 on Bitget
Armenian Dram information
About the Armenian Dram (AMD)
What Is the Armenian Dram (AMD)?
The Armenian Dram (AMD), the national currency of the Republic of Armenia, plays a pivotal role in the country's economy. Represented by the ISO code AMD and symbolized as ֏, the Dram was introduced on November 22, 1993, after the country gained independence from the Soviet Union. The Armenian Dram is the sole legal tender in Armenia, and it is used for all transactions within the country.
The Armenian Dram is issued by the Central Bank of Armenia. Established on March 27, 1993, the Central Bank is responsible for the issuance, regulation, and circulation of the Armenian Dram, as well as implementing the monetary policy of Armenia.
What Is the History of AMD?
The first instance of a currency called "Dram" in Armenia dates back to the period from 1199 to 1375, when silver coins named dram or tram were issued. The Dram underwent several transformations, influenced by various regimes, including the Russian Empire and the Soviet Union. Following Armenia's independence from the Soviet Union on September 21, 1991, the Dram was introduced on November 22, 1993, replacing the Russian ruble.
Notes and Coins of AMD
The official symbol of the Armenian Dram, designed in 1995, is represented by the first capital letter of the word Dram (Դ) with two horizontal lines (֏). Coins in Armenia are available in denominations of 10, 20, 50, 100, 200, and 500 drams, introduced in two series - the first in 1994 and the second between 2003 and 2004.
Armenia has issued three series of banknotes. The first series was introduced in 1993 and was in circulation until 2005. The second series, issued from 1998 onwards, is still in use. A third series was introduced in 2018, featuring denominations of 1,000, 2,000, 5,000, 10,000, 20,000, and 50,000 drams.
Exchange Rates and Economic Implications
The Dram was initially valued at Rbls 200 = 1 dram (US$1 = 404 Drams) in 1993. The exchange rate of the Dram is subject to fluctuations based on global and regional economic conditions. The Dram’s value and exchange rates are crucial for Armenia's trade and economic stability.
Is AMD Pegged to USD?
The Armenian Dram (AMD) is not pegged to the United States Dollar (USD). Armenia operates a floating exchange rate system, where the value of the dram is determined by market forces of supply and demand in the foreign exchange market. This means that the exchange rate of the dram against the USD and other currencies can fluctuate based on economic factors, market sentiment, and other variables.
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R1 to AMD Conversion tables
| Amount | 21:10 today | 24 hours ago | 24h change |
|---|---|---|---|
0.5 R1 | ֏80.5 | ֏79.31 | +1.50% |
1 R1 | ֏161 | ֏158.62 | +1.50% |
5 R1 | ֏805.01 | ֏793.1 | +1.50% |
10 R1 | ֏1,610.03 | ֏1,586.19 | +1.50% |
50 R1 | ֏8,050.14 | ֏7,930.96 | +1.50% |
100 R1 | ֏16,100.27 | ֏15,861.93 | +1.50% |
500 R1 | ֏80,501.36 | ֏79,309.64 | +1.50% |
1000 R1 | ֏161,002.73 | ֏158,619.27 | +1.50% |
R1 to AMD FAQ
What factors influence the conversion rate of R1 to AMD?
Popular exchange rates — Crypto-to-Fiat converter
The price of Ratio1 in the US is $0.4373 USD. Additionally, Ratio1’s price is €0.3816 EUR in the eurozone, £0.3312 GBP in the UK, C$0.6181 CAD in Canada, ₹41.25 INR in India, ₨121.69 PKR in Pakistan, R$2.27 BRL in Brazil, and more.
The most popular Ratio1 currency pair is the R1 to Armenian Dram(AMD). The price of 1 Ratio1 (R1) in Armenian Dram (AMD) is ֏161.
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Takeaways
Bitget's cryptocurrency converter and calculator support over 40,000 cryptocurrencies and more than 80 fiat currencies, making them among the most comprehensive value conversion tools available.
This page provides comprehensive information on converting Ratio1 (R1) to Armenian Dram (AMD), helping you quickly buy Ratio1 (R1) with Armenian Dram (AMD) or sell Ratio1 (R1) for Armenian Dram (AMD).
Bitget's fiat trading service supports over 1000 cryptocurrencies, more than 80 fiat currencies, over 20 languages, and a variety of local payment methods. It offers fiat transaction fees as low as 0% and 24/7 trading services. Users can seamlessly switch between cryptocurrencies and fiat currencies without leaving the platform. Conversion data is sourced from leading global exchanges and market data providers to help ensure accuracy.
Whether you want to exchange USD for Bitcoin to trade on the Bitget spot market or check the euro value of your Ethereum holdings, Bitget's cryptocurrency converter provides a reliable, real-time reference.
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