LOOP
AMD
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Loop Network(LOOP) to Armenian Dram(AMD). This is the real-time data. The current conversion shows 1 LOOP at a value of 1 LOOP for 11.40 AMD . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
AMD 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 Loop Network currency pair is the LOOP to AMD, with for Loop Network's currency code being LOOP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AMD.
LOOP to AMD conversion rate trend
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In the past 1D, Loop Network has changed -9.15% to AMD. Based on the trend and price charts, Loop Network(LOOP) has changed -9.15% to AMD while Armenian Dram(AMD) has changed % to LOOP in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ֏11.49 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ֏11.87 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/14 00:00:22(UTC+0)
How to buy Loop Network
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Buy Loop Network (LOOP)
Use a variety of payment options to buy Loop Network on Bitget. We'll show you how.
Buy LOOP (or USDT) for AMD (Armenian Dram) offers
Bitget P2P trading does not currently support direct buying of LOOP with AMD. However, you can buy USDT in Bitget P2P trading first, and then buy LOOP with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
No matching ads found.
Sell LOOP (or USDT) for AMD (Armenian Dram) offers
Bitget P2P trading currently does not support direct selling of LOOP to AMD. However, you can first exchange LOOP for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
No matching ads found.
What factors influence the conversion rate of Loop Network to Armenian Dram?
Loop Network to Armenian Dram is falling this week.Loop Network's current market price is ֏ 11.4 per LOOP, with a total market cap of ֏ 0 AMD based on a circulating supply of -- LOOP. The trading volume of Loop Network has changed by +85.45% (֏ 46,580,588.02 AMD) in the last 24 hours. Last trading day, LOOP's trading volume was ֏ 54,509,993.2.
Market cap
$0
24h volume
$260.92K
Circulating supply
0 LOOP
Conversion tables
The exchange rate of Loop Network is decreasing.1 LOOP is currently valued at ֏ 11.4 AMD , which means buying 5 LOOP will cost ֏ 56.98 AMD . Similarly, ֏1 AMD can be traded for 0.08775 LOOP, and ֏50 AMD can be converted to 4.39 LOOP, excluding any platform or gas fees.
The exchange rate of 1 LOOP to Armenian Dram has changed by -17.85% in the last 7 days. In the last 24 hours, the rate has fluctuated by -9.15%, reaching a high of 12.86 AMD and a low of 11.13 AMD . One month ago, the value of 1 LOOP was ֏ 14.06 AMD , which represents a -18.97% change from its current value. Over the last year, Loop Network has changed by , resulting in a change of -54.18% in its value.
-֏
13.48AMDLOOP to AMD
Amount
03:54 am today
0.5 LOOP
֏5.7
1 LOOP
֏11.4
5 LOOP
֏56.98
10 LOOP
֏113.96
50 LOOP
֏569.78
100 LOOP
֏1,139.55
500 LOOP
֏5,697.77
1000 LOOP
֏11,395.54
AMD to LOOP
Amount03:54 am today
0.5AMD0.04388 LOOP
1AMD0.08775 LOOP
5AMD0.4388 LOOP
10AMD0.8775 LOOP
50AMD4.39 LOOP
100AMD8.78 LOOP
500AMD43.88 LOOP
1000AMD87.75 LOOP
Today vs. 24 hours ago
| Amount | 03:54 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 LOOP | $0.01471 | $0.01619 | -9.15% |
| 1 LOOP | $0.02941 | $0.03238 | -9.15% |
| 5 LOOP | $0.1471 | $0.1619 | -9.15% |
| 10 LOOP | $0.2941 | $0.3238 | -9.15% |
| 50 LOOP | $1.47 | $1.62 | -9.15% |
| 100 LOOP | $2.94 | $3.24 | -9.15% |
| 500 LOOP | $14.71 | $16.19 | -9.15% |
| 1000 LOOP | $29.41 | $32.38 | -9.15% |
Today vs. 1 month ago
| Amount | 03:54 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 LOOP | $0.01471 | $0.01815 | -18.97% |
| 1 LOOP | $0.02941 | $0.03630 | -18.97% |
| 5 LOOP | $0.1471 | $0.1815 | -18.97% |
| 10 LOOP | $0.2941 | $0.3630 | -18.97% |
| 50 LOOP | $1.47 | $1.81 | -18.97% |
| 100 LOOP | $2.94 | $3.63 | -18.97% |
| 500 LOOP | $14.71 | $18.15 | -18.97% |
| 1000 LOOP | $29.41 | $36.3 | -18.97% |
Today vs. 1 year ago
| Amount | 03:54 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 LOOP | $0.01471 | $0.03210 | -54.18% |
| 1 LOOP | $0.02941 | $0.06419 | -54.18% |
| 5 LOOP | $0.1471 | $0.3210 | -54.18% |
| 10 LOOP | $0.2941 | $0.6419 | -54.18% |
| 50 LOOP | $1.47 | $3.21 | -54.18% |
| 100 LOOP | $2.94 | $6.42 | -54.18% |
| 500 LOOP | $14.71 | $32.1 | -54.18% |
| 1000 LOOP | $29.41 | $64.19 | -54.18% |
Loop Network price prediction
What will the price of LOOP be in 2025?
Based on LOOP's historical price performance prediction model, the price of LOOP is projected to reach $0.05376 in 2025.
What will the price of LOOP be in 2030?
In 2030, the LOOP price is expected to change by -12.00%. By the end of 2030, the LOOP price is projected to reach $0.08596, with a cumulative ROI of +165.47%.
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Popular Loop Network conversions
Check out these popular currency conversions of Loop Network to several fiat currencies.
Loop Network to USD
1 LOOP to $ 0.02941 USD
Loop Network to GBP
1 LOOP to £ 0.02315 GBP
Loop Network to EUR
1 LOOP to € 0.02784 EUR
Loop Network to KRW
1 LOOP to ₩ 41.33 KRW
Loop Network to CAD
1 LOOP to $ 0.04115 CAD
Loop Network to AUD
1 LOOP to $ 0.04530 AUD
Loop Network to JPY
1 LOOP to ¥ 4.58 JPY
Loop Network to BRL
1 LOOP to R$ 0.1708 BRL
Loop Network to CNY
1 LOOP to ¥ 0.2127 CNY
Loop Network to TWD
1 LOOP to NT$ 0.9554 TWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Loop Network and AMD.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Loop Network and AMD. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Loop Network in AMD, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
