What is the official currency of the Republic of Armenia?
Answer and explanation
Correct answer: A. Armenian Dram (AMD)
- Step 1: The Dram was introduced on November 22, 1993, replacing the Soviet ruble at a rate of 200 rubles = 1 dram.
- Step 2: The word 'dram' corresponds to the Greek 'drachma' and Arabic 'dirham', meaning money.
Answer
Armenian Dram (AMD)
Why not the others: 'Georgian Lari' is the currency of Georgia; 'Azerbaijani Manat' is the currency of Azerbaijan; 'Iranian Rial' is the currency of Iran.
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