The currency of Armenia. Currency code (AMD)
Armenian Drams
Related Terms
-
Forex trading is the simultaneous buying of one currency and selling another. When you trade in the forex market, you buy or sell in currency pairs. As the value of one currency rises or falls...
-
Forex stands for “foreign exchange” and refers to the buying or selling of one currency in exchange for another. While it is called “foreign” exchange, this is just a relative term. The terms...
-
A currency pair is a price quote of the exchange rate for two different currencies traded in the foreign exchange market. Forex trading is the simultaneous buying of one currency and selling...
-
What is Quote Currency? The quote currency is the second currency in a currency pair. It is used to determine the value of the base currency. In the forex market, currency unit prices are quoted as...
-
What is Base Currency? The base currency is the first currency in a currency pair. It compares the values between the first currency and the second currency in a currency pair. In the forex market,...