Danish Krone to Armenian dram

The Danish krone (international symbol: kr, code: DKK ,number: 208) is the official currency of Denmark effective since 1873.The crone is subdivided into 100 era coins. The banknotes issued since 1945 are still in circulation.

The Danish currency is pegged to the euro at a fixed exchange rate of 7.4 krones for 1 euro, which is supposed to be preserved until the country joins the Eurozone. The Danish currency is used for cash payments and non-cash transfers in Greenland. It is also in circulation on the Faroe Islands, at the exchange rate for local crowns of 1: 1.

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.