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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 New Taiwan Dollar (TWD) is the official currency of Taiwan, serving as a medium of exchange for goods and services within the island nation. It is issued by the Central Bank of the Republic of China (Taiwan) and is subdivided into smaller units called cents, with one dollar equal to 100 cents.