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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 Saudi Riyal (SAR) is the official currency of Saudi Arabia, used for all forms of monetary transactions within the country. It is subdivided into 100 halalas, and the currency is symbolized by 'ر.س' in Arabic and 'SR' in Latin script. The Saudi Riyal is pegged to the US dollar, which provides stability in international trade and investment.