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STEP to AMD Converter and calculator

STEP/AMD: 1 STEP = 30.71 AMD. The price of converting 1 Step Finance (STEP) to Armenian Dram (AMD) is 30.71 AMD today.
STEP
STEP
AMD
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides STEP to AMD real-time exchange rates, making it easy to convert Step Finance (STEP) to Armenian Dram (AMD). The conversion result is based on real-time data. The conversion result shows that 1 STEP is currently valued at 30.71 AMD. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 STEP is currently valued at 30.71 AMD, which means buying 5 STEP would cost 153.55 AMD. Similarly, ֏1 AMD can be converted to 0.03256 STEP, and ֏50 AMD can be converted to 0.1628 STEP, excluding any platform or gas fees.

Convert STEP to AMD

Convert AMD to STEP

Step Finance
Armenian Dram
50 STEP
1,535.51  AMD
100 STEP
3,071.03  AMD
200 STEP
6,142.06  AMD
500 STEP
15,355.14  AMD
1000 STEP
30,710.29  AMD
5000 STEP
153,551.43  AMD
10000 STEP
307,102.86  AMD
In the table above, you'll find a comprehensive STEP to AMD converter that shows the value of Step Finance in Armenian Dram across commonly used conversion amounts. The list covers conversions from 1 STEP to AMD, all the way up to 10000 STEP, providing a clear view of their respective values.
Armenian Dram
Step Finance
50000 AMD
1,628.12 STEP
100000 AMD
3,256.24 STEP
In the table above, you'll find a comprehensive AMD to STEP converter that shows the value of Armenian Dram in Step Finance across commonly used conversion amounts. The list covers conversions from 1 AMD to STEP, all the way up to 100000 AMD, providing a clear view of their respective values.

STEP to AMD chart

STEP/AMD: 1 STEP = 30.71 AMD; 2025/04/27 20:14:11
In the past 1D, Step Finance has changed -6.36% to AMD. Based on the trend and price charts, Step Finance(STEP) has changed -6.36% to AMD while Armenian Dram(AMD) has changed % to STEP in the last 24 hours.
1D7D1M3M1YAll

STEP to AMD conversion data: Volatility and price changes of Step Finance in AMD

The highest Step Finance price in AMD over the past 7 days was 34.21 AMD while the lowest Step Finance price in AMD over the past 7 days was 29.66 AMD. The relative change between the highs and lows in Step Finance price in AMD over the last 7 days indicates a volatility of %. You can view additional volatility data and STEP 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
32.86 AMD
34.21 AMD
39.17 AMD
57.73 AMD
Low
30.69 AMD
29.66 AMD
22.49 AMD
22.49 AMD
Average
0 AMD
0 AMD
0 AMD
0 AMD
Volatility
%
%
%
%
Change
-6.36%
-2.31%
-20.92%
-37.95%

Step Finance information

STEP to AMD market statistics

STEP/AMD:
֏30.71
STEP 24h volume:
֏19,045,326.98
STEP market cap:
֏6,799,515,514.72
STEP circulating supply:
221.41M STEP

Current STEP to AMD exchange rate

Step Finance to Armenian Dram is falling this week.
Step Finance's current market price is ֏30.71 per STEP, with a total market cap of ֏6,799,515,514.72 AMD based on a circulating supply of 221,408,400 STEP. The trading volume of Step Finance has changed by +31.24% (֏4,532,954.16 AMD) in the last 24 hours. Last trading day, STEP's trading volume was ֏14,512,372.82.

More info about Step Finance 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 Step Finance currency pair is the STEP to AMD, with for Step Finance's currency code being STEP. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AMD.

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How to convert STEP to AMD

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1 STEP to $0.07868 USD
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1 STEP to ֏30.71 AMD
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STEP to AMD Conversion tables

The exchange rate of Step Finance is decreasing.
The exchange rate of 1 STEP to Armenian Dram has changed by -2.31% in the last 7 days. In the last 24 hours, the rate has fluctuated by -6.36%, reaching a high of 32.86 AMD and a low of 30.69 AMD . One month ago, the value of 1 STEP was ֏38.84 AMD , which represents a -20.92% change from its current value. Over the last year, Step Finance has changed by
+֏
5.02AMD
, resulting in a change of +19.52% in its value.
24 hours ago1 month ago1 year ago
Amount20:14 today24 hours ago24h change
0.5 STEP֏15.36֏16.4
-6.36%
1 STEP֏30.71֏32.8
-6.36%
5 STEP֏153.55֏163.99
-6.36%
10 STEP֏307.1֏327.98
-6.36%
50 STEP֏1,535.51֏1,639.9
-6.36%
100 STEP֏3,071.03֏3,279.81
-6.36%
500 STEP֏15,355.14֏16,399.03
-6.36%
1000 STEP֏30,710.29֏32,798.05
-6.36%

STEP to AMD FAQ

How much is 1 Step Finance in AMD?
Right now, the price of 1 Step Finance (STEP) in Armenian Dram (AMD) is ֏30.71.
How much STEP can I buy for 1 AMD?
Based on the current exchange rate, you can get 0.03256 STEP for 1 AMD.
How do I calculate or convert STEP to AMD?
You can use our STEP to AMD calculator at the top of this page to convert any amount of STEP to AMD. We've also included quick-reference tables for the most popular conversions. For example, 5 AMD is equivalent to 0.1628 STEP, while 5 STEP will cost around 153.55AMD.
What is the highest price of STEP/AMD in history?
The all-time high price of 1 STEP in AMD is ֏4,099.21. It remains to be seen if the value of 1 STEP/AMD will exceed the current all-time high.
What is the price trend of Step Finance in AMD?
Over the past 7 days, the exchange rate of Step Finance (STEP) has gone down by 2.31%.   Over the last month, the exchange rate of Step Finance (STEP) has gone down by 20.92% against Armenian Dram (AMD).

What factors influence the conversion rate of STEP to AMD?

There are many factors that affect the relationship between Step Finance 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 STEP/AMD. When there is positive news in the market about the widespread adoption of STEP or major technological breakthroughs, it tends to trigger market optimism and drive the rise of STEP/AMD. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in STEP/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 STEP/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 Step Finance and adjust their investment strategies accordingly in the evolving market.

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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.