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Cosmic Network to Armenian Dram Converter and calculator

Convert 1Cosmic Network (COSMIC) to Armenian Dram (AMD) equals ֏ 48.58 | Bitget
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Last updated 2024/12/21 13:51:48 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Cosmic Network(COSMIC) to Armenian Dram(AMD). This is the real-time data. The current conversion shows 1 COSMIC at a value of 1 COSMIC for 48.58 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 Cosmic Network currency pair is the COSMIC to AMD, with for Cosmic Network's currency code being COSMIC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AMD.

COSMIC to AMD conversion rate trend

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Live Cosmic Network (COSMIC) price chart
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In the past 1D, Cosmic Network has changed +25.03% to AMD. Based on the trend and price charts, Cosmic Network(COSMIC) has changed +25.03% to AMD while Armenian Dram(AMD) has changed -20.02% to COSMIC in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
֏47.63
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/21 08:32:10(UTC+0)

How to buy Cosmic Network

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Buy Cosmic Network (COSMIC)
Use a variety of payment options to buy Cosmic Network on Bitget. We'll show you how.

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

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

Bitget P2P trading currently does not support direct selling of COSMIC to AMD. However, you can first exchange COSMIC for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
Action
No matching ads found.

What factors influence the conversion rate of Cosmic Network to Armenian Dram?

Cosmic Network to Armenian Dram is falling this week.
Cosmic Network's current market price is ֏ 48.58 per COSMIC, with a total market cap of ֏ 0 AMD based on a circulating supply of -- COSMIC. The trading volume of Cosmic Network has changed by +22.34% (֏ 18,688,901.45 AMD) in the last 24 hours. Last trading day, COSMIC's trading volume was ֏ 83,667,162.61.
Market cap
$0
24h volume
$260.22K
Circulating supply
0 COSMIC

Conversion tables

The exchange rate of Cosmic Network is increasing.
1 COSMIC is currently valued at ֏ 48.58 AMD , which means buying 5 COSMIC will cost ֏ 242.88 AMD . Similarly, ֏1 AMD can be traded for 0.02059 COSMIC, and ֏50 AMD can be converted to 1.03 COSMIC, excluding any platform or gas fees.
The exchange rate of 1 COSMIC to Armenian Dram has changed by -7.74% in the last 7 days. In the last 24 hours, the rate has fluctuated by +25.03%, reaching a high of 51.06 AMD and a low of 39.92 AMD . One month ago, the value of 1 COSMIC was ֏ 28.84 AMD , which represents a +68.42% change from its current value. Over the last year, Cosmic Network has changed by
-֏
104.91AMD
, resulting in a change of -68.35% in its value.

COSMIC to AMD

Amount
13:51 today
0.5 COSMIC
֏24.29
1 COSMIC
֏48.58
5 COSMIC
֏242.88
10 COSMIC
֏485.77
50 COSMIC
֏2,428.83
100 COSMIC
֏4,857.65
500 COSMIC
֏24,288.26
1000 COSMIC
֏48,576.51

AMD to COSMIC

Amount13:51 today
0.5AMD0.01029  COSMIC
1AMD0.02059  COSMIC
5AMD0.1029  COSMIC
10AMD0.2059  COSMIC
50AMD1.03  COSMIC
100AMD2.06  COSMIC
500AMD10.29  COSMIC
1000AMD20.59  COSMIC

Today vs. 24 hours ago

Amount13:51 today24 hours ago24h change
0.5 COSMIC$0.06175$0.04938
+25.03%
1 COSMIC$0.1235$0.09877
+25.03%
5 COSMIC$0.6175$0.4938
+25.03%
10 COSMIC$1.23$0.9877
+25.03%
50 COSMIC$6.17$4.94
+25.03%
100 COSMIC$12.35$9.88
+25.03%
500 COSMIC$61.75$49.38
+25.03%
1000 COSMIC$123.49$98.77
+25.03%

Today vs. 1 month ago

Amount13:51 today1 month ago1M change
0.5 COSMIC$0.06175$0.03666
+68.42%
1 COSMIC$0.1235$0.07332
+68.42%
5 COSMIC$0.6175$0.3666
+68.42%
10 COSMIC$1.23$0.7332
+68.42%
50 COSMIC$6.17$3.67
+68.42%
100 COSMIC$12.35$7.33
+68.42%
500 COSMIC$61.75$36.66
+68.42%
1000 COSMIC$123.49$73.32
+68.42%

Today vs. 1 year ago

Amount13:51 today1 year ago1Y change
0.5 COSMIC$0.06175$0.1951
-68.35%
1 COSMIC$0.1235$0.3902
-68.35%
5 COSMIC$0.6175$1.95
-68.35%
10 COSMIC$1.23$3.9
-68.35%
50 COSMIC$6.17$19.51
-68.35%
100 COSMIC$12.35$39.02
-68.35%
500 COSMIC$61.75$195.11
-68.35%
1000 COSMIC$123.49$390.21
-68.35%

Cosmic Network price prediction

What will the price of COSMIC be in 2025?

Based on COSMIC's historical price performance prediction model, the price of COSMIC is projected to reach $0.1587 in 2025.

What will the price of COSMIC be in 2030?

In 2030, the COSMIC price is expected to change by -12.00%. By the end of 2030, the COSMIC price is projected to reach $0.2212, with a cumulative ROI of +87.72%.

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