# Armenian dram

> official currency of Armenia

**Wikidata**: [Q130498](https://www.wikidata.org/wiki/Q130498)  
**Wikipedia**: [English](https://en.wikipedia.org/wiki/Armenian_dram)  
**Source**: https://4ort.xyz/entity/armenian-dram

## Summary
The Armenian dram (AMD) is the official currency of Armenia, introduced on November 22, 1993, following the dissolution of the Soviet Union. It replaced the Soviet ruble, which had been the currency of the Armenian SSR, and serves as the primary medium of exchange for goods and services in the country.

## Key Facts
- **Official currency of**: Armenia (inception: September 23, 1991).
- **Introduced**: November 22, 1993, replacing the Soviet ruble.
- **Preceded by**: Soviet ruble (used in the Armenian SSR).
- **Succeeded by**: No direct successor; currently in use.
- **Related to**: Republic of Artsakh (de-facto state in South Caucasus, 1992–2024).
- **Class**: Generally accepted medium of exchange for goods or services.
- **Wikipedia title**: Armenian dram.
- **Wikidata description**: Official currency of Armenia.
- **Aliases**: dram.
- **Sitelink count**: 80.

## FAQs
- **What is the Armenian dram used for?** The dram is the official currency of Armenia and serves as the primary medium of exchange for goods and services in the country.
- **When was the Armenian dram introduced?** The dram was introduced on November 22, 1993, replacing the Soviet ruble.
- **What currency did the Armenian dram replace?** The dram replaced the Soviet ruble, which had been the currency of the Armenian SSR.
- **Is the Armenian dram still in use?** Yes, the dram is currently in use as the official currency of Armenia.
- **What is the relationship between the Armenian dram and the Republic of Artsakh?** The Republic of Artsakh, a former de-facto state in South Caucasus, existed from 1992 to 2024, but its currency was not directly tied to the Armenian dram.

## Why It Matters
The Armenian dram played a crucial role in stabilizing Armenia's economy after the dissolution of the Soviet Union. Its introduction on November 22, 1993, marked the beginning of Armenia's independent monetary system, replacing the Soviet ruble. The dram's adoption was a significant step in Armenia's transition to a sovereign state, ensuring economic stability and facilitating trade within the region. Additionally, the dram's use in Armenia and its historical ties to the Soviet ruble reflect the broader economic and political changes in the South Caucasus during the late 20th century.

## Notable For
- **First independent currency of Armenia**: The dram was the first official currency introduced by Armenia after its independence from the Soviet Union.
- **Replacement of Soviet ruble**: The dram replaced the Soviet ruble, which had been in use since the formation of the Armenian SSR.
- **Medium of exchange**: The dram serves as the primary medium of exchange for goods and services in Armenia.
- **Historical significance**: The dram's introduction marked a key moment in Armenia's economic and political independence.

## Body
### History
The Armenian dram was introduced on November 22, 1993, following Armenia's declaration of independence from the Soviet Union on September 23, 1991. The dram replaced the Soviet ruble, which had been the currency of the Armenian SSR. This transition was a significant step in Armenia's economic independence, establishing the dram as the official currency of the newly sovereign state.

### Relationships
The Armenian dram is closely tied to Armenia, the sovereign state in the South Caucasus region of Eurasia. It is also indirectly related to the Republic of Artsakh, a former de-facto state in South Caucasus that existed from 1992 to 2024. However, the Republic of Artsakh's currency was not directly tied to the Armenian dram.

### Classification
The Armenian dram is classified as a generally accepted medium of exchange for goods or services. This classification reflects its role as the primary currency in Armenia and its acceptance in commercial transactions within the country.

### Preceding and Succeeding Currencies
The Armenian dram succeeded the Soviet ruble, which had been in use since the formation of the Armenian SSR. There is no direct successor to the dram, as it remains the official currency of Armenia.

### Wikipedia and Wikidata
The Armenian dram is documented on Wikipedia under the title "Armenian dram" and is described on Wikidata as the official currency of Armenia. It has aliases such as "dram" and a sitelink count of 80.

### Related Entities
The Armenian dram is related to Armenia, the sovereign state in the South Caucasus region of Eurasia, and the Republic of Artsakh, a former de-facto state in South Caucasus. It is also connected to the Soviet ruble and the Russian ruble, as it replaced the Soviet ruble and is used alongside the Russian ruble in the region.

## References

1. Freebase Data Dumps. 2013
2. GF WordNet