This article has been translated from English to Gen Z Slang.
The Armenian Dram (AMD) is basically the go-to cash in Armenia, a lil' landlocked vibe in the South Caucasus. 🌍💸
The Central Bank of Armenia? Oh, they're the ones bossing it up with the dram, making sure it’s all lit and in order. 📈✨
Even though the dram’s got these tiny squad members called lumas (100 of 'em make a dram), you'll barely catch anyone flexing with lumas these days 'cause they've got that low-key no-value life. 💀
Back on November 22, 1993, boom, the Armenian Dram made its debut, kicking the Soviet ruble to the curb at a 1 dram = 200 rubles swag ratio. 😎 Bye-bye old school!
This glow-up happened post the Soviet Union’s fallout and when Armenia did that independent move in 1991. ✨🇦🇲
Peep the banknotes scene: you got stacks in flavors of 1,000, 2,000, all the way up to a spicy 100,000 drams. Coins? They show up as 10, 20, 50, 100, and even baller-level 500 drams. 🤑💵
But real talk, those 10, 20, and 50 dram coins? Rare sightings. Inflation hit hard since the dram rolled in, so nobody’s really vibing with those anymore. 📉💰
The dram’s value? It's all about the local economy tea, what the Central Bank's cookin' up with their policies, and the global money game trends out there. 🔄🌐
Yeah, the dram's been through some ups and downs on the exchange rollercoaster, but generally, it’s been riding steady compared to some of its regional cousins. 🎢💪