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PRQ to AMD Converter and calculator

PRQ/AMD: 1 PRQ = 30.95 AMD. The price of converting 1 PARSIQ (PRQ) to Armenian Dram (AMD) is 30.95 AMD today.
PRQ
PRQ
AMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PRQ to AMD real-time exchange rates, making it easy to convert PARSIQ (PRQ) to Armenian Dram (AMD). The conversion result is based on real-time data. The conversion result shows that 1 PRQ is currently valued at 30.95 AMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PRQ is currently valued at 30.95 AMD, which means buying 5 PRQ would cost 154.74 AMD. Similarly, ֏1 AMD can be converted to 0.03231 PRQ, and ֏50 AMD can be converted to 0.1616 PRQ, excluding any platform or gas fees.

Convert PRQ to AMD

Convert AMD to PRQ

PARSIQ
Armenian Dram
100 PRQ
3,094.76  AMD
200 PRQ
6,189.52  AMD
500 PRQ
15,473.79  AMD
1000 PRQ
30,947.59  AMD
5000 PRQ
154,737.93  AMD
10000 PRQ
309,475.87  AMD
In the table above, you'll find a comprehensive PRQ to AMD converter that shows the value of PARSIQ in Armenian Dram across commonly used conversion amounts. The list covers conversions from 1 PRQ to AMD, all the way up to 10000 PRQ, providing a clear view of their respective values.
In the table above, you'll find a comprehensive AMD to PRQ converter that shows the value of Armenian Dram in PARSIQ across commonly used conversion amounts. The list covers conversions from 1 AMD to PRQ, all the way up to 100000 AMD, providing a clear view of their respective values.

PRQ to AMD chart

PRQ/AMD: 1 PRQ = 30.95 AMD; 2025/04/29 18:39:39
In the past 1D, PARSIQ has changed -1.41% to AMD. Based on the trend and price charts, PARSIQ(PRQ) has changed -1.41% to AMD while Armenian Dram(AMD) has changed % to PRQ in the last 24 hours.
1D7D1M3M1YAll

PRQ to AMD conversion data: Volatility and price changes of PARSIQ in AMD

The highest PARSIQ price in AMD over the past 7 days was 36.45 AMD while the lowest PARSIQ price in AMD over the past 7 days was 30.41 AMD. The relative change between the highs and lows in PARSIQ price in AMD over the last 7 days indicates a volatility of %. You can view additional volatility data and PRQ to AMD prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
31.67 AMD
36.45 AMD
36.45 AMD
104.89 AMD
Low
30.41 AMD
30.41 AMD
22.66 AMD
22.66 AMD
Average
0 AMD
0 AMD
0 AMD
0 AMD
Volatility
%
%
%
%
Change
-1.41%
-9.16%
+4.49%
-53.69%

PARSIQ information

PRQ to AMD market statistics

PRQ/AMD:
֏30.95
PRQ 24h volume:
֏345,033,448.77
PRQ market cap:
֏9,601,701,848.45
PRQ circulating supply:
310.26M PRQ

Current PRQ to AMD exchange rate

PARSIQ to Armenian Dram is falling this week.
PARSIQ's current market price is ֏30.95 per PRQ, with a total market cap of ֏9,601,701,848.45 AMD based on a circulating supply of 310,256,860 PRQ. The trading volume of PARSIQ has changed by -47.53% (֏-312,492,490.06 AMD) in the last 24 hours. Last trading day, PRQ's trading volume was ֏657,525,938.83.

More info about PARSIQ on Bitget

Armenian Dram information

About the Armenian Dram (AMD)

What Is the Armenian Dram (AMD)?

The Armenian Dram (AMD), the national currency of the Republic of Armenia, plays a pivotal role in the country's economy. Represented by the ISO code AMD and symbolized as ֏, the Dram was introduced on November 22, 1993, after the country gained independence from the Soviet Union. The Armenian Dram is the sole legal tender in Armenia, and it is used for all transactions within the country.

The Armenian Dram is issued by the Central Bank of Armenia. Established on March 27, 1993, the Central Bank is responsible for the issuance, regulation, and circulation of the Armenian Dram, as well as implementing the monetary policy of Armenia.

What Is the History of AMD?

The first instance of a currency called "Dram" in Armenia dates back to the period from 1199 to 1375, when silver coins named dram or tram were issued. The Dram underwent several transformations, influenced by various regimes, including the Russian Empire and the Soviet Union. Following Armenia's independence from the Soviet Union on September 21, 1991, the Dram was introduced on November 22, 1993, replacing the Russian ruble.

Notes and Coins of AMD

The official symbol of the Armenian Dram, designed in 1995, is represented by the first capital letter of the word Dram (Դ) with two horizontal lines (֏). Coins in Armenia are available in denominations of 10, 20, 50, 100, 200, and 500 drams, introduced in two series - the first in 1994 and the second between 2003 and 2004.

Armenia has issued three series of banknotes. The first series was introduced in 1993 and was in circulation until 2005. The second series, issued from 1998 onwards, is still in use. A third series was introduced in 2018, featuring denominations of 1,000, 2,000, 5,000, 10,000, 20,000, and 50,000 drams.

Exchange Rates and Economic Implications

The Dram was initially valued at Rbls 200 = 1 dram (US$1 = 404 Drams) in 1993. The exchange rate of the Dram is subject to fluctuations based on global and regional economic conditions. The Dram’s value and exchange rates are crucial for Armenia's trade and economic stability.

Is AMD Pegged to USD?

The Armenian Dram (AMD) is not pegged to the United States Dollar (USD). Armenia operates a floating exchange rate system, where the value of the dram is determined by market forces of supply and demand in the foreign exchange market. This means that the exchange rate of the dram against the USD and other currencies can fluctuate based on economic factors, market sentiment, and other variables.

Bitget crypto-to-fiat exchange data shows that the most popular PARSIQ currency pair is the PRQ to AMD, with for PARSIQ's currency code being PRQ. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AMD.

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How to convert PRQ to AMD

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1 PRQ to ֏30.95 AMD
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PRQ to AMD Conversion tables

The exchange rate of PARSIQ is increasing.
The exchange rate of 1 PRQ to Armenian Dram has changed by -9.16% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.41%, reaching a high of 31.67 AMD and a low of 30.41 AMD . One month ago, the value of 1 PRQ was ֏29.62 AMD , which represents a +4.49% change from its current value. Over the last year, PARSIQ has changed by
-֏
20.95AMD
, resulting in a change of -40.37% in its value.
24 hours ago1 month ago1 year ago
Amount18:39 today24 hours ago24h change
0.5 PRQ֏15.47֏15.7
-1.41%
1 PRQ֏30.95֏31.39
-1.41%
5 PRQ֏154.74֏156.95
-1.41%
10 PRQ֏309.48֏313.9
-1.41%
50 PRQ֏1,547.38֏1,569.51
-1.41%
100 PRQ֏3,094.76֏3,139.02
-1.41%
500 PRQ֏15,473.79֏15,695.11
-1.41%
1000 PRQ֏30,947.59֏31,390.22
-1.41%

PRQ to AMD FAQ

How much is 1 PARSIQ in AMD?
Right now, the price of 1 PARSIQ (PRQ) in Armenian Dram (AMD) is ֏30.95.
How much PRQ can I buy for 1 AMD?
Based on the current exchange rate, you can get 0.03231 PRQ for 1 AMD.
How do I calculate or convert PRQ to AMD?
You can use our PRQ to AMD calculator at the top of this page to convert any amount of PRQ to AMD. We've also included quick-reference tables for the most popular conversions. For example, 5 AMD is equivalent to 0.1616 PRQ, while 5 PRQ will cost around 154.74AMD.
What is the highest price of PRQ/AMD in history?
The all-time high price of 1 PRQ in AMD is ֏1,017.8. It remains to be seen if the value of 1 PRQ/AMD will exceed the current all-time high.
What is the price trend of PARSIQ in AMD?
Over the past 7 days, the exchange rate of PARSIQ (PRQ) has gone down by 9.16%.   Over the last month, the exchange rate of PARSIQ (PRQ) has gone up by 4.49% against Armenian Dram (AMD).

What factors influence the conversion rate of PRQ to AMD?

There are many factors that affect the relationship between PARSIQ and Armenian Dram, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PRQ/AMD. When there is positive news in the market about the widespread adoption of PRQ or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PRQ/AMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PRQ/AMD.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PRQ/AMD. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of PARSIQ and adjust their investment strategies accordingly in the evolving market.

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