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The Armenian Dram (AMD) is the official currency of Armenia, established in 1993 after the country gained independence from the Soviet Union. The currency is subdivided into 100 luma and is issued by the Central Bank of Armenia, playing a crucial role in the country's economy by facilitating domestic and international trade.
The Brazilian Real (BRL) is the official currency of Brazil, introduced in 1994 as part of a broader economic reform to stabilize the country's economy. It is subdivided into 100 centavos and is symbolized by 'R$'. The Real is used for all monetary transactions within Brazil and serves as a key component in the nationâs trade and economic activities.