Cuban Peso to Armenian dram

The Cuban peso (sign $MN, code CUP) is the national currency of Cuba used along with the convertible peso. One peso can be exchanged for 100 small coins – centavos. The currency has first been issued in 1857.

Before that, the country used the Spanish real for payment. In tourism, the country still uses another currency, which is the convertible Cuban peso. However, recently it has become possible to pay with American dollars in shops and hotels. The government is planning to completely remove the convertible currency and only leave CUP.

The Armenian dram (sign ֏, code AMD) is the national currency of the Republic of Armenia, used within the borders of this Caucasian country. 1 dram could be previously subdivided into 100 lum. However, there are no coins or notes worth less than 10 dram used right now.

The currency has been issued in 1993 after the dissolution of the Soviet Union. Before that, the Soviet rubles had been in use. The country’s symbol on the notes was presented as iconic figures from the Armenian people, and as great architectural and art monuments as well. There is the national coat of arms and denomination decorated with a colorful design. The monetary unit’s name comes from the Greek drachma.