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VELVET to AMD Converter and calculator

VELVET/AMD: 1 VELVET = 24.54 AMD. The price of converting 1 Velvet (VELVET) to Armenian Dram (AMD) is 24.54 AMD today.
VELVET
VELVET
AMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides VELVET to AMD real-time exchange rates, making it easy to convert Velvet (VELVET) to Armenian Dram (AMD). The conversion result is based on real-time data. The conversion result shows that 1 VELVET is currently valued at 24.54 AMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 VELVET is currently valued at 24.54 AMD, which means buying 5 VELVET would cost 122.71 AMD. Similarly, ֏1 AMD can be converted to 0.04075 VELVET, and ֏50 AMD can be converted to 0.2037 VELVET, excluding any platform or gas fees.

Convert VELVET to AMD

Convert AMD to VELVET

Velvet
Armenian Dram
1 VELVET
24.54  AMD
Exchange 1 VELVET for 24.54 AMD
2 VELVET
49.08  AMD
Exchange 2 VELVET for 49.08 AMD
5 VELVET
122.71  AMD
Exchange 5 VELVET for 122.71 AMD
10 VELVET
245.42  AMD
Exchange 10 VELVET for 245.42 AMD
20 VELVET
490.84  AMD
Exchange 20 VELVET for 490.84 AMD
50 VELVET
1,227.1  AMD
Exchange 50 VELVET for 1,227.1 AMD
100 VELVET
2,454.19  AMD
Exchange 100 VELVET for 2,454.19 AMD
200 VELVET
4,908.38  AMD
Exchange 200 VELVET for 4,908.38 AMD
500 VELVET
12,270.96  AMD
Exchange 500 VELVET for 12,270.96 AMD
1000 VELVET
24,541.92  AMD
Exchange 1000 VELVET for 24,541.92 AMD
5000 VELVET
122,709.59  AMD
Exchange 5000 VELVET for 122,709.59 AMD
10000 VELVET
245,419.18  AMD
Exchange 10000 VELVET for 245,419.18 AMD
In the table above, you'll find a comprehensive VELVET to AMD converter that shows the value of Velvet in Armenian Dram across commonly used conversion amounts. The list covers conversions from 1 VELVET to AMD, all the way up to 10000 VELVET, providing a clear view of their respective values.
Armenian Dram
Velvet
1 AMD
0.04075 VELVET
Exchange 1 AMD for 0.04075 VELVET
10 AMD
0.4075 VELVET
Exchange 10 AMD for 0.4075 VELVET
50 AMD
2.04 VELVET
Exchange 50 AMD for 2.04 VELVET
100 AMD
4.07 VELVET
Exchange 100 AMD for 4.07 VELVET
200 AMD
8.15 VELVET
Exchange 200 AMD for 8.15 VELVET
500 AMD
20.37 VELVET
Exchange 500 AMD for 20.37 VELVET
1000 AMD
40.75 VELVET
Exchange 1000 AMD for 40.75 VELVET
2000 AMD
81.49 VELVET
Exchange 2000 AMD for 81.49 VELVET
5000 AMD
203.73 VELVET
Exchange 5000 AMD for 203.73 VELVET
10000 AMD
407.47 VELVET
Exchange 10000 AMD for 407.47 VELVET
50000 AMD
2,037.33 VELVET
Exchange 50000 AMD for 2,037.33 VELVET
100000 AMD
4,074.66 VELVET
Exchange 100000 AMD for 4,074.66 VELVET
In the table above, you'll find a comprehensive AMD to VELVET converter that shows the value of Armenian Dram in Velvet across commonly used conversion amounts. The list covers conversions from 1 AMD to VELVET, all the way up to 100000 AMD, providing a clear view of their respective values.

VELVET to AMD chart

VELVET/AMD: 1 VELVET = 24.54 AMD; 2025/07/17 18:04:42
In the past 1D, Velvet has changed +9.16% to AMD. Based on the trend and price charts, Velvet(VELVET) has changed +9.16% to AMD while Armenian Dram(AMD) has changed % to VELVET in the last 24 hours.
1D7D1M3M1YAll

VELVET to AMD conversion data: Volatility and price changes of Velvet in AMD

The highest Velvet price in AMD over the past 7 days was 33.59 AMD while the lowest Velvet price in AMD over the past 7 days was 17.3 AMD. The relative change between the highs and lows in Velvet price in AMD over the last 7 days indicates a volatility of %. You can view additional volatility data and VELVET 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
25.58 AMD
33.59 AMD
33.59 AMD
33.59 AMD
Low
21.06 AMD
17.3 AMD
12.32 AMD
12.32 AMD
Average
0 AMD
0 AMD
0 AMD
0 AMD
Volatility
%
%
%
%
Change
+9.16%
-4.77%
+15.54%
-11.73%

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Velvet information

VELVET to AMD market statistics

VELVET/AMD:
֏24.54
VELVET 24h volume:
֏14,445,360,603.98
VELVET market cap:
֏6,092,940,204.71
VELVET circulating supply:
248.27M VELVET

Current VELVET to AMD exchange rate

Velvet to Armenian Dram is falling this week.
Velvet's current market price is ֏24.54 per VELVET, with a total market cap of ֏6,092,940,204.71 AMD based on a circulating supply of 248,266,670 VELVET. The trading volume of Velvet has changed by +26.04% (֏2,984,017,883.89 AMD) in the last 24 hours. Last trading day, VELVET's trading volume was ֏11,461,342,720.09.

More info about Velvet 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 Velvet currency pair is the VELVET to AMD, with for Velvet's currency code being VELVET. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AMD.

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1 VELVET to ֏24.54 AMD
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VELVET to AMD Conversion tables

The exchange rate of Velvet is increasing.
The exchange rate of 1 VELVET to Armenian Dram has changed by -4.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +9.16%, reaching a high of 25.58 AMD and a low of 21.06 AMD . One month ago, the value of 1 VELVET was ֏0.03881 AMD , which represents a +15.54% change from its current value. Over the last year, Velvet has changed by
+֏
24.5AMD
, resulting in a change of +27.26% in its value.
24 hours ago1 month ago1 year ago
Amount 18:04 today 24 hours ago 24h change
0.5 VELVET
֏12.27֏11.24
+9.16%
1 VELVET
֏24.54֏22.49
+9.16%
5 VELVET
֏122.71֏112.43
+9.16%
10 VELVET
֏245.42֏224.86
+9.16%
50 VELVET
֏1,227.1֏1,124.28
+9.16%
100 VELVET
֏2,454.19֏2,248.55
+9.16%
500 VELVET
֏12,270.96֏11,242.76
+9.16%
1000 VELVET
֏24,541.92֏22,485.52
+9.16%

VELVET to AMD FAQ

How much is 1 Velvet in AMD?
Right now, the price of 1 Velvet (VELVET) in Armenian Dram (AMD) is ֏24.54.
How much VELVET can I buy for 1 AMD?
Based on the current exchange rate, you can get 0.04075 VELVET for 1 AMD.
How do I calculate or convert VELVET to AMD?
You can use our VELVET to AMD calculator at the top of this page to convert any amount of VELVET to AMD. We've also included quick-reference tables for the most popular conversions. For example, 5 AMD is equivalent to 0.2037 VELVET, while 5 VELVET will cost around 122.71AMD.
What is the highest price of VELVET/AMD in history?
The all-time high price of 1 VELVET in AMD is ֏33.59. It remains to be seen if the value of 1 VELVET/AMD will exceed the current all-time high.
What is the price trend of Velvet in AMD?
Over the past 7 days, the exchange rate of Velvet (VELVET) has gone down by 4.77%.   Over the last month, the exchange rate of Velvet (VELVET) has gone up by 15.54% against Armenian Dram (AMD).

What factors influence the conversion rate of VELVET to AMD?

There are many factors that affect the relationship between Velvet 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 VELVET/AMD. When there is positive news in the market about the widespread adoption of VELVET or major technological breakthroughs, it tends to trigger market optimism and drive the rise of VELVET/AMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in VELVET/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 VELVET/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 Velvet 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 Velvet currency pairs: VELVET to US Dollar (USD), VELVET to Euro (EUR), VELVET to Pound Sterling (GBP), VELVET to Canadian Dollar (CAD), VELVET to Indian Rupee (INR), VELVET to Pakistani Rupee (PKR), VELVET to Brazilian Real (BRL), VELVET to…
The price of Velvet in the US is $0.06389 USD. Additionally, Velvet’s price is €0.05510 EUR in the eurozone, £0.04764 GBP in the UK, C$0.08783 CAD in Canada, ₹5.5 INR in India, ₨18.21 PKR in Pakistan, R$0.3557 BRL in Brazil, and more.
The most popular Velvet currency pair is the VELVET to Armenian Dram(AMD). The price of 1 Velvet (VELVET) in Armenian Dram (AMD) is ֏24.54.

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