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base info Apollo Currency

Apollo Currency to Armenian Dram Converter and calculator

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Convert 1Apollo Currency (APL) to Armenian Dram (AMD) equals ֏ 0.03599 | Bitget
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Last updated as of 2025/03/23 12:05:45 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Apollo Currency(APL) to Armenian Dram(AMD). This is the real-time data. The current conversion shows 1 APL at a value of 1 APL for 0.04 AMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

AMD 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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Bitget crypto-to-fiat exchange data shows that the most popular Apollo Currency currency pair is the APL to AMD, with for Apollo Currency's currency code being APL. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AMD.

APL to AMD conversion rate trend

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In the past 1D, Apollo Currency has changed +0.01% to AMD. Based on the trend and price charts, Apollo Currency(APL) has changed +0.01% to AMD while Armenian Dram(AMD) has changed -0.01% to APL in the last 24 hours.

APL to AMD market statistics

APL/AMD:
֏ 0.03599
APL 24h volume:
֏ 3,140.6
APL market cap:
֏ 761,812,604.25
APL circulating supply:
21.17B APL

Current APL to AMD exchange rate

Apollo Currency to Armenian Dram is falling this week.
Apollo Currency's current market price is ֏ 0.03599 per APL, with a total market cap of ֏ 761,812,604.25 AMD based on a circulating supply of 21,165,097,000 APL. The trading volume of Apollo Currency has changed by +0.01% (֏ 0.2920 AMD) in the last 24 hours. Last trading day, APL's trading volume was ֏ 3,140.31.
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APL to AMD Conversion tables

The exchange rate of Apollo Currency is decreasing.
1 APL is currently valued at ֏ 0.03599 AMD , which means buying 5 APL will cost ֏ 0.1800 AMD . Similarly, ֏1 AMD can be traded for 27.78 APL, and ֏50 AMD can be converted to 1,389.13 APL, excluding any platform or gas fees.
The exchange rate of 1 APL to Armenian Dram has changed by -0.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.01%, reaching a high of 0.03602 AMD and a low of 0.03599 AMD . One month ago, the value of 1 APL was ֏ 0.03601 AMD , which represents a -0.03% change from its current value. Over the last year, Apollo Currency has changed by
+֏
0.02161AMD
, resulting in a change of +150.20% in its value.

APL to AMD

Amount
12:05 today
0.5 APL
֏0.01800
1 APL
֏0.03599
5 APL
֏0.1800
10 APL
֏0.3599
50 APL
֏1.8
100 APL
֏3.6
500 APL
֏18
1000 APL
֏35.99

AMD to APL

Amount12:05 today
0.5AMD13.89  APL
1AMD27.78  APL
5AMD138.91  APL
10AMD277.83  APL
50AMD1,389.13  APL
100AMD2,778.26  APL
500AMD13,891.28  APL
1000AMD27,782.55  APL
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APL to AMD Today vs. 24 hours ago

Amount12:05 today24 hours ago24h change
0.5 APL֏0.01800֏0.01800
+0.01%
1 APL֏0.03599֏0.03599
+0.01%
5 APL֏0.1800֏0.1800
+0.01%
10 APL֏0.3599֏0.3599
+0.01%
50 APL֏1.8֏1.8
+0.01%
100 APL֏3.6֏3.6
+0.01%
500 APL֏18֏18
+0.01%
1000 APL֏35.99֏35.99
+0.01%

APL to AMD Today vs. 1 month ago

Amount12:05 today1 month ago1M change
0.5 APL֏0.01800֏0.01800
-0.03%
1 APL֏0.03599֏0.03601
-0.03%
5 APL֏0.1800֏0.1800
-0.03%
10 APL֏0.3599֏0.3601
-0.03%
50 APL֏1.8֏1.8
-0.03%
100 APL֏3.6֏3.6
-0.03%
500 APL֏18֏18
-0.03%
1000 APL֏35.99֏36.01
-0.03%

APL to AMD Today vs. 1 year ago

Amount12:05 today1 year ago1Y change
0.5 APL֏0.01800֏0.007193
+150.20%
1 APL֏0.03599֏0.01439
+150.20%
5 APL֏0.1800֏0.07193
+150.20%
10 APL֏0.3599֏0.1439
+150.20%
50 APL֏1.8֏0.7193
+150.20%
100 APL֏3.6֏1.44
+150.20%
500 APL֏18֏7.19
+150.20%
1000 APL֏35.99֏14.39
+150.20%

How to convert APL to AMD

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Convert APL to AMD
Use a variety of payment options to buy Apollo Currency on Bitget. We'll show you how.

Buy APL (or USDT) for AMD (Armenian Dram) offers

Bitget P2P trading does not currently support direct buying of APL with AMD. However, you can buy USDT in Bitget P2P trading first, and then buy APL with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Sell APL (or USDT) for AMD (Armenian Dram) offers

Bitget P2P trading currently does not support direct selling of APL to AMD. However, you can first exchange APL for USDT in the Bitget spot market, and then sell USDT to AMD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of APL to AMD?

There are many factors that affect the relationship between Apollo Currency and Armenian Dram, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of APL/AMD. When there is positive news in the market about the widespread adoption of APL or major technological breakthroughs, it tends to trigger market optimism and drive the rise of APL/AMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in APL/AMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of APL/AMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Apollo Currency and adjust their investment strategies accordingly in the evolving market.

Apollo Currency price prediction

What will the price of APL be in 2026?

Based on APL's historical price performance prediction model, the price of APL is projected to reach $0.0001062 in 2026.

What will the price of APL be in 2031?

In 2031, the APL price is expected to change by +44.00%. By the end of 2031, the APL price is projected to reach $0.0001268, with a cumulative ROI of +37.40%.
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