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SIMMI to AMD Converter and calculator

SIMMI/AMD: 1 SIMMI = 0.02001 AMD. The price of converting 1 Simmi (SIMMI) to Armenian Dram (AMD) is 0.02001 AMD today.
SIMMI
SIMMI
AMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides SIMMI to AMD real-time exchange rates, making it easy to convert Simmi (SIMMI) to Armenian Dram (AMD). The conversion result is based on real-time data. The conversion result shows that 1 SIMMI is currently valued at 0.02001 AMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 SIMMI is currently valued at 0.02001 AMD, which means buying 5 SIMMI would cost 0.1001 AMD. Similarly, ֏1 AMD can be converted to 49.96 SIMMI, and ֏50 AMD can be converted to 249.82 SIMMI, excluding any platform or gas fees.

Convert SIMMI to AMD

Convert AMD to SIMMI

Simmi
Armenian Dram
1 SIMMI
0.02001  AMD
Exchange 1 SIMMI for 0.02001 AMD
2 SIMMI
0.04003  AMD
Exchange 2 SIMMI for 0.04003 AMD
5 SIMMI
0.1001  AMD
Exchange 5 SIMMI for 0.1001 AMD
10 SIMMI
0.2001  AMD
Exchange 10 SIMMI for 0.2001 AMD
20 SIMMI
0.4003  AMD
Exchange 20 SIMMI for 0.4003 AMD
50 SIMMI
1  AMD
Exchange 50 SIMMI for 1 AMD
100 SIMMI
2  AMD
Exchange 100 SIMMI for 2 AMD
200 SIMMI
4  AMD
Exchange 200 SIMMI for 4 AMD
500 SIMMI
10.01  AMD
Exchange 500 SIMMI for 10.01 AMD
1000 SIMMI
20.01  AMD
Exchange 1000 SIMMI for 20.01 AMD
5000 SIMMI
100.07  AMD
Exchange 5000 SIMMI for 100.07 AMD
10000 SIMMI
200.14  AMD
Exchange 10000 SIMMI for 200.14 AMD
In the table above, you'll find a comprehensive SIMMI to AMD converter that shows the value of Simmi in Armenian Dram across commonly used conversion amounts. The list covers conversions from 1 SIMMI to AMD, all the way up to 10000 SIMMI, providing a clear view of their respective values.
Armenian Dram
Simmi
1 AMD
49.96 SIMMI
Exchange 1 AMD for 49.96 SIMMI
10 AMD
499.64 SIMMI
Exchange 10 AMD for 499.64 SIMMI
50 AMD
2,498.2 SIMMI
Exchange 50 AMD for 2,498.2 SIMMI
100 AMD
4,996.39 SIMMI
Exchange 100 AMD for 4,996.39 SIMMI
200 AMD
9,992.79 SIMMI
Exchange 200 AMD for 9,992.79 SIMMI
500 AMD
24,981.97 SIMMI
Exchange 500 AMD for 24,981.97 SIMMI
1000 AMD
49,963.94 SIMMI
Exchange 1000 AMD for 49,963.94 SIMMI
2000 AMD
99,927.87 SIMMI
Exchange 2000 AMD for 99,927.87 SIMMI
5000 AMD
249,819.68 SIMMI
Exchange 5000 AMD for 249,819.68 SIMMI
10000 AMD
499,639.37 SIMMI
Exchange 10000 AMD for 499,639.37 SIMMI
50000 AMD
2,498,196.85 SIMMI
Exchange 50000 AMD for 2,498,196.85 SIMMI
100000 AMD
4,996,393.7 SIMMI
Exchange 100000 AMD for 4,996,393.7 SIMMI
In the table above, you'll find a comprehensive AMD to SIMMI converter that shows the value of Armenian Dram in Simmi across commonly used conversion amounts. The list covers conversions from 1 AMD to SIMMI, all the way up to 100000 AMD, providing a clear view of their respective values.

SIMMI to AMD chart

SIMMI/AMD: 1 SIMMI = 0.02001 AMD; 2025/07/21 12:22:44
In the past 1D, Simmi has changed +3.02% to AMD. Based on the trend and price charts, Simmi(SIMMI) has changed +3.02% to AMD while Armenian Dram(AMD) has changed % to SIMMI in the last 24 hours.
1D7D1M3M1YAll

SIMMI to AMD conversion data: Volatility and price changes of Simmi in AMD

The highest Simmi price in AMD over the past 7 days was 0.009738 AMD while the lowest Simmi price in AMD over the past 7 days was 0.008273 AMD. The relative change between the highs and lows in Simmi price in AMD over the last 7 days indicates a volatility of %. You can view additional volatility data and SIMMI to AMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours Last 7 days Last 30 days Last 90 days
High
0.009596 AMD
0.009738 AMD
0.01411 AMD
0.01695 AMD
Low
0.009101 AMD
0.008273 AMD
0.008273 AMD
0.003210 AMD
Average
0 AMD
0 AMD
0 AMD
0 AMD
Volatility
%
%
%
%
Change
+3.02%
+2.11%
-30.82%
+99.47%

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Bitget P2P trading does not currently support direct buying of SIMMI with AMD. However, you can buy USDT in Bitget P2P trading first, and then buy SIMMI with USDT via Bitget spot market.
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Simmi information

SIMMI to AMD market statistics

SIMMI/AMD:
֏0.02001
SIMMI 24h volume:
֏126,182,100.36
SIMMI market cap:
--
SIMMI circulating supply:
0 SIMMI

Current SIMMI to AMD exchange rate

Simmi to Armenian Dram is rising this week.
Simmi's current market price is ֏0.02001 per SIMMI, with a total market cap of ֏0 AMD based on a circulating supply of -- SIMMI. The trading volume of Simmi has changed by +136.34% (֏72,791,913.63 AMD) in the last 24 hours. Last trading day, SIMMI's trading volume was ֏53,390,186.73.

More info about Simmi 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.

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

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How to convert SIMMI to AMD

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SIMMI to AMD Conversion tables

The exchange rate of Simmi is decreasing.
The exchange rate of 1 SIMMI to Armenian Dram has changed by +2.11% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.02%, reaching a high of 0.009596 AMD and a low of 0.009101 AMD . One month ago, the value of 1 SIMMI was ֏0.02424 AMD , which represents a -30.82% change from its current value. Over the last year, Simmi has changed by
+֏
0.009496AMD
, resulting in a change of -63.14% in its value.
24 hours ago1 month ago1 year ago
Amount 12:22 today 24 hours ago 24h change
0.5 SIMMI
֏0.01001֏0.009868
+3.02%
1 SIMMI
֏0.02001֏0.01974
+3.02%
5 SIMMI
֏0.1001֏0.09868
+3.02%
10 SIMMI
֏0.2001֏0.1974
+3.02%
50 SIMMI
֏1֏0.9868
+3.02%
100 SIMMI
֏2֏1.97
+3.02%
500 SIMMI
֏10.01֏9.87
+3.02%
1000 SIMMI
֏20.01֏19.74
+3.02%

SIMMI to AMD FAQ

How much is 1 Simmi in AMD?
Right now, the price of 1 Simmi (SIMMI) in Armenian Dram (AMD) is ֏0.02001.
How much SIMMI can I buy for 1 AMD?
Based on the current exchange rate, you can get 49.96 SIMMI for 1 AMD.
How do I calculate or convert SIMMI to AMD?
You can use our SIMMI to AMD calculator at the top of this page to convert any amount of SIMMI to AMD. We've also included quick-reference tables for the most popular conversions. For example, 5 AMD is equivalent to 249.82 SIMMI, while 5 SIMMI will cost around 0.1001AMD.
What is the highest price of SIMMI/AMD in history?
The all-time high price of 1 SIMMI in AMD is ֏0.1643. It remains to be seen if the value of 1 SIMMI/AMD will exceed the current all-time high.
What is the price trend of Simmi in AMD?
Over the past 7 days, the exchange rate of Simmi (SIMMI) has gone up by 2.11%.   Over the last month, the exchange rate of Simmi (SIMMI) has gone down by 30.82% against Armenian Dram (AMD).

What factors influence the conversion rate of SIMMI to AMD?

There are many factors that affect the relationship between Simmi 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 SIMMI/AMD. When there is positive news in the market about the widespread adoption of SIMMI or major technological breakthroughs, it tends to trigger market optimism and drive the rise of SIMMI/AMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in SIMMI/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.
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 SIMMI/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 Simmi and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Simmi currency pairs: SIMMI to US Dollar (USD), SIMMI to Euro (EUR), SIMMI to Pound Sterling (GBP), SIMMI to Canadian Dollar (CAD), SIMMI to Indian Rupee (INR), SIMMI to Pakistani Rupee (PKR), SIMMI to Brazilian Real (BRL), SIMMI to…
The price of Simmi in the US is $0.{4}5202 USD. Additionally, Simmi’s price is €0.{4}4468 EUR in the eurozone, £0.{4}3868 GBP in the UK, C$0.{4}7140 CAD in Canada, ₹0.004488 INR in India, ₨0.01484 PKR in Pakistan, R$0.0002911 BRL in Brazil, and more.
The most popular Simmi currency pair is the SIMMI to Armenian Dram(AMD). The price of 1 Simmi (SIMMI) in Armenian Dram (AMD) is ֏0.02001.

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