Convert Armenian Dram (AMD) to Chinese Yuan Offshore (CNH)

1 armenian_dram = 1 armenian_dram

Exchange rates last updated: November 13, 2025 00:00

Conversion Formula for Armenian Dram to Chinese Yuan Offshore

The formula of conversion of Armenian Dram to Chinese Yuan Offshore is very simple. To convert Armenian Dram to Chinese Yuan Offshore, we can use this simple formula:

1 Armenian Dram = 53.7951065176 Chinese Yuan Offshore

1 Chinese Yuan Offshore = 0.0185890514 Armenian Dram

One Armenian Dram is equal to 53.7951065176 Chinese Yuan Offshore. So, we need to multiply the number of Armenian Dram by 53.7951065176 to get the no of Chinese Yuan Offshore. This formula helps when we need to change the measurements from Armenian Dram to Chinese Yuan Offshore

Armenian Dram to Chinese Yuan Offshore Conversion

The conversion of Armenian Dram currency to Chinese Yuan Offshore currency is very simple. Since, as discussed above, One Armenian Dram is equal to 53.7951065176 Chinese Yuan Offshore. So, to convert Armenian Dram to Chinese Yuan Offshore, we must multiply no of Armenian Dram to 53.7951065176. Example:-

Armenian Dram Chinese Yuan Offshore
0.01 Armenian Dram 0.5379510652 Chinese Yuan Offshore
0.1 Armenian Dram 5.3795106518 Chinese Yuan Offshore
1 Armenian Dram 53.7951065176 Chinese Yuan Offshore
2 Armenian Dram 107.5902130352 Chinese Yuan Offshore
3 Armenian Dram 161.3853195528 Chinese Yuan Offshore
5 Armenian Dram 268.9755325881 Chinese Yuan Offshore
10 Armenian Dram 537.9510651761 Chinese Yuan Offshore
20 Armenian Dram 1,075.9021303523 Chinese Yuan Offshore
50 Armenian Dram 2,689.7553258806 Chinese Yuan Offshore
100 Armenian Dram 5,379.5106517612 Chinese Yuan Offshore
500 Armenian Dram 26,897.5532588062 Chinese Yuan Offshore
1,000 Armenian Dram 53,795.1065176123 Chinese Yuan Offshore

Details for Armenian Dram (AMD) Currency

Introduction : The Armenian Dram (AMD) is the official currency of the Republic of Armenia. Introduced in 1993, it symbolized the country’s transition to economic independence following the dissolution of the Soviet Union. The dram is issued and regulated by the Central Bank of Armenia. It is subdivided into 100 luma, though luma coins are seldom used in daily transactions. The dram plays a vital role in Armenia’s financial system, serving both everyday purchases and formal economic activities. Its name, 'dram', translates to 'money' in Armenian and has historical significance that stretches back to ancient times, reinforcing national identity and pride.

History & Origin : Historically, the term 'dram' dates back to the medieval Armenian kingdoms, where it was used as a name for silver coins. The modern Armenian Dram was reintroduced on November 22, 1993, replacing the transitional Russian ruble used after Armenia gained independence in 1991. The initial currency reform was a cornerstone in building the country's financial institutions. Early versions of the dram featured prominent Armenian cultural and historical figures. Over the years, Armenia has improved the quality and security of its currency, issuing polymer banknotes and coins reflecting modern design and durability. The dram has remained stable despite regional economic fluctuations and challenges.

Current Use : The Armenian Dram is the sole legal tender in Armenia and is used across all sectors of the economy, from retail stores and restaurants to financial services and government payments. As Armenia moves toward a more digitized economy, the dram has also become widely used in electronic banking and digital payment platforms. The government has promoted dram-denominated transactions to strengthen the local economy and reduce dependency on foreign currencies, such as the US dollar or Russian ruble. In rural areas, cash still dominates, but urban regions are seeing steady growth in the use of banking cards and mobile wallets.

Details of Armenia

Armenia is a landlocked country in the South Caucasus region of Eurasia, bordered by Turkey, Georgia, Azerbaijan, and Iran. With a mountainous landscape and rich cultural heritage, Armenia is one of the oldest inhabited regions in the world and was the first nation to adopt Christianity as its state religion in 301 AD.

The capital, Yerevan, is one of the world’s oldest continuously inhabited cities and serves as Armenia’s political, cultural, and economic center. The country is known for its ancient churches, monasteries, and stunning natural scenery, including Lake Sevan and Mount Ararat—considered sacred by Armenians though located in modern-day Turkey.

Armenia's history is marked by centuries of conquest and resilience. From ancient kingdoms to Soviet rule, the Armenian people have preserved their unique language, alphabet, and traditions. Following the collapse of the Soviet Union, Armenia gained independence in 1991 and has since worked to build a democratic system and develop its economy.

Today, Armenia has a mixed economy driven by services, mining, agriculture, and a growing tech sector. The Armenian diaspora plays a significant role in the country’s development through remittances and investment. Armenia is also a member of several international organizations, including the Eurasian Economic Union (EAEU).

Despite regional challenges, especially its complex relationship with neighboring Azerbaijan and Turkey, Armenia continues to pursue peace, economic growth, and international cooperation. Armenian culture thrives through music, dance, art, and cuisine, with traditional dishes like khorovats and dolma gaining popularity worldwide. The people of Armenia are known for their hospitality, deep-rooted faith, and pride in their ancient heritage, making the nation a unique and vibrant part of the global community.

Details for Chinese Yuan (Offshore) (CNH) Currency

Introduction : The Chinese Yuan (Offshore), designated by the currency code CNH, is a version of the Renminbi (RMB) that is traded outside of mainland China. It is primarily used in international markets, with Hong Kong being the main trading hub. The CNH was introduced to promote the use of the Chinese currency in global finance and trade without the constraints of China's domestic capital controls. It shares the same symbol (¥) and nominal value as the onshore Yuan (CNY), but it trades independently and can fluctuate more freely based on global market forces. The offshore Yuan supports cross-border trade settlements and investments.

History & Origin : The CNH was officially launched in 2010 as part of China's efforts to internationalize the Renminbi. Prior to this, the Chinese Yuan was largely confined to domestic use due to strict capital controls. The Chinese government collaborated with financial institutions in Hong Kong to create an offshore market that would allow foreign investors to buy, sell, and settle in RMB more freely. Over time, the CNH market expanded to Singapore, London, and other financial centers. The CNH plays a crucial role in promoting China’s economic outreach under initiatives like the Belt and Road. Its evolution reflects China's gradual push towards greater currency liberalization and financial integration with global markets.

Current Use : The Chinese Yuan (Offshore) is widely used for international trade settlements, foreign exchange trading, and as a vehicle for overseas investment in Chinese assets. Unlike the onshore CNY, the CNH is not subject to the same regulatory restrictions, which gives it more appeal for global investors and institutions. It enables non-Chinese entities to hold and transact in Renminbi, providing a bridge between China's domestic economy and global financial markets. Multinational corporations, central banks, and investors use CNH for hedging, financing, and diversifying their currency reserves. As China's influence grows, the CNH is expected to gain more prominence in the global financial system.

Details of China

China, officially the People's Republic of China (PRC), is the world's most populous country, located in East Asia. With over 1.4 billion people, it spans vast and diverse terrains ranging from the Himalayan highlands in the west to coastal cities like Shanghai and Guangzhou in the east. China has a rich history that stretches back over 5,000 years and has made profound contributions to philosophy, science, art, and politics.

In recent decades, China has emerged as a global economic powerhouse. Since the late 1970s, its market-oriented reforms have lifted hundreds of millions out of poverty and transformed the country into the world’s second-largest economy. Its economic engine is fueled by manufacturing, exports, infrastructure, and a rapidly growing technology sector. Major cities like Beijing, Shenzhen, and Shanghai are centers of commerce, innovation, and finance.

China is also known for its centralized political system, led by the Communist Party of China (CPC). The government maintains significant control over various aspects of society while promoting economic growth, digital advancement, and global influence through initiatives such as the Belt and Road Initiative. It is an active member of international organizations and plays a key role in global affairs.

Culturally, China is a mosaic of ethnic groups, languages, and traditions. Mandarin is the official language, and the country celebrates a range of festivals, most notably the Lunar New Year. Chinese cuisine, martial arts, and calligraphy are recognized worldwide. While urban centers are rapidly modernizing, China also preserves ancient heritage sites such as the Great Wall and the Forbidden City. As it balances tradition with progress, China continues to shape the modern world both economically and culturally.

Convert Armenian Dram to Other Currencies

Armenian Dram to United Arab Emirates DirhamUnited Arab Emirates Dirham to Armenian Dram
Armenian Dram to Afghan AfghaniAfghan Afghani to Armenian Dram
Armenian Dram to Albanian LekAlbanian Lek to Armenian Dram
Armenian Dram to Netherlands Antillean GuilderNetherlands Antillean Guilder to Armenian Dram
Armenian Dram to Angolan KwanzaAngolan Kwanza to Armenian Dram
Armenian Dram to Argentine PesoArgentine Peso to Armenian Dram
Armenian Dram to Australian DollarAustralian Dollar to Armenian Dram
Armenian Dram to Aruban FlorinAruban Florin to Armenian Dram
Armenian Dram to Azerbaijani ManatAzerbaijani Manat to Armenian Dram
Armenian Dram to Bosnia Herzegovina Convertible MarkBosnia Herzegovina Convertible Mark to Armenian Dram
Armenian Dram to Barbadian DollarBarbadian Dollar to Armenian Dram
Armenian Dram to Bangladeshi TakaBangladeshi Taka to Armenian Dram
Armenian Dram to Bulgarian LevBulgarian Lev to Armenian Dram
Armenian Dram to Bahraini DinarBahraini Dinar to Armenian Dram
Armenian Dram to Burundian FrancBurundian Franc to Armenian Dram
Armenian Dram to Bermudan DollarBermudan Dollar to Armenian Dram
Armenian Dram to Brunei DollarBrunei Dollar to Armenian Dram
Armenian Dram to Bolivian BolivianoBolivian Boliviano to Armenian Dram
Armenian Dram to Brazilian RealBrazilian Real to Armenian Dram
Armenian Dram to Bahamian DollarBahamian Dollar to Armenian Dram
Armenian Dram to Bhutanese NgultrumBhutanese Ngultrum to Armenian Dram
Armenian Dram to Botswanan PulaBotswanan Pula to Armenian Dram
Armenian Dram to Belarusian RubleBelarusian Ruble to Armenian Dram
Armenian Dram to Belize DollarBelize Dollar to Armenian Dram
Armenian Dram to Canadian DollarCanadian Dollar to Armenian Dram
Armenian Dram to Congolese FrancCongolese Franc to Armenian Dram
Armenian Dram to Swiss FrancSwiss Franc to Armenian Dram
Armenian Dram to Chilean Unit Of Account UfChilean Unit Of Account Uf to Armenian Dram
Armenian Dram to Chilean PesoChilean Peso to Armenian Dram
Armenian Dram to Chinese Yuan OffshoreChinese Yuan Offshore to Armenian Dram
Armenian Dram to Chinese YuanChinese Yuan to Armenian Dram
Armenian Dram to Colombian PesoColombian Peso to Armenian Dram
Armenian Dram to Costa Rican ColonCosta Rican Colon to Armenian Dram
Armenian Dram to Cuban Convertible PesoCuban Convertible Peso to Armenian Dram
Armenian Dram to Cuban PesoCuban Peso to Armenian Dram
Armenian Dram to Cape Verdean EscudoCape Verdean Escudo to Armenian Dram
Armenian Dram to Czech Republic KorunaCzech Republic Koruna to Armenian Dram
Armenian Dram to Djiboutian FrancDjiboutian Franc to Armenian Dram
Armenian Dram to Danish KroneDanish Krone to Armenian Dram
Armenian Dram to Dominican PesoDominican Peso to Armenian Dram
Armenian Dram to Algerian DinarAlgerian Dinar to Armenian Dram
Armenian Dram to Egyptian PoundEgyptian Pound to Armenian Dram
Armenian Dram to Eritrean NakfaEritrean Nakfa to Armenian Dram
Armenian Dram to Ethiopian BirrEthiopian Birr to Armenian Dram
Armenian Dram to EuroEuro to Armenian Dram
Armenian Dram to Fijian DollarFijian Dollar to Armenian Dram
Armenian Dram to Falkland Islands PoundFalkland Islands Pound to Armenian Dram
Armenian Dram to British Pound SterlingBritish Pound Sterling to Armenian Dram
Armenian Dram to Georgian LariGeorgian Lari to Armenian Dram
Armenian Dram to Guernsey PoundGuernsey Pound to Armenian Dram
Armenian Dram to Ghanaian CediGhanaian Cedi to Armenian Dram
Armenian Dram to Gibraltar PoundGibraltar Pound to Armenian Dram
Armenian Dram to Gambian DalasiGambian Dalasi to Armenian Dram
Armenian Dram to Guinean FrancGuinean Franc to Armenian Dram
Armenian Dram to Guatemalan QuetzalGuatemalan Quetzal to Armenian Dram
Armenian Dram to Guyanaese DollarGuyanaese Dollar to Armenian Dram
Armenian Dram to Hong Kong DollarHong Kong Dollar to Armenian Dram
Armenian Dram to Honduran LempiraHonduran Lempira to Armenian Dram
Armenian Dram to Haitian GourdeHaitian Gourde to Armenian Dram
Armenian Dram to Hungarian ForintHungarian Forint to Armenian Dram
Armenian Dram to Indonesian RupiahIndonesian Rupiah to Armenian Dram
Armenian Dram to Israeli New SheqelIsraeli New Sheqel to Armenian Dram
Armenian Dram to Manx PoundManx Pound to Armenian Dram
Armenian Dram to Indian RupeeIndian Rupee to Armenian Dram
Armenian Dram to Iraqi DinarIraqi Dinar to Armenian Dram
Armenian Dram to Iranian RialIranian Rial to Armenian Dram
Armenian Dram to Icelandic KronaIcelandic Krona to Armenian Dram
Armenian Dram to Jersey PoundJersey Pound to Armenian Dram
Armenian Dram to Jamaican DollarJamaican Dollar to Armenian Dram
Armenian Dram to Jordanian DinarJordanian Dinar to Armenian Dram
Armenian Dram to Japanese YenJapanese Yen to Armenian Dram
Armenian Dram to Kenyan ShillingKenyan Shilling to Armenian Dram
Armenian Dram to Kyrgystani SomKyrgystani Som to Armenian Dram
Armenian Dram to Cambodian RielCambodian Riel to Armenian Dram
Armenian Dram to Comorian FrancComorian Franc to Armenian Dram
Armenian Dram to North Korean WonNorth Korean Won to Armenian Dram
Armenian Dram to South Korean WonSouth Korean Won to Armenian Dram
Armenian Dram to Kuwaiti DinarKuwaiti Dinar to Armenian Dram
Armenian Dram to Cayman Islands DollarCayman Islands Dollar to Armenian Dram
Armenian Dram to Kazakhstani TengeKazakhstani Tenge to Armenian Dram
Armenian Dram to Laotian KipLaotian Kip to Armenian Dram
Armenian Dram to Lebanese PoundLebanese Pound to Armenian Dram
Armenian Dram to Sri Lankan RupeeSri Lankan Rupee to Armenian Dram
Armenian Dram to Liberian DollarLiberian Dollar to Armenian Dram
Armenian Dram to Lesotho LotiLesotho Loti to Armenian Dram
Armenian Dram to Libyan DinarLibyan Dinar to Armenian Dram
Armenian Dram to Moroccan DirhamMoroccan Dirham to Armenian Dram
Armenian Dram to Moldovan LeuMoldovan Leu to Armenian Dram
Armenian Dram to Malagasy AriaryMalagasy Ariary to Armenian Dram
Armenian Dram to Macedonian DenarMacedonian Denar to Armenian Dram
Armenian Dram to Myanma KyatMyanma Kyat to Armenian Dram
Armenian Dram to Mongolian TugrikMongolian Tugrik to Armenian Dram
Armenian Dram to Macanese PatacaMacanese Pataca to Armenian Dram
Armenian Dram to Mauritanian OuguiyaMauritanian Ouguiya to Armenian Dram
Armenian Dram to Mauritian RupeeMauritian Rupee to Armenian Dram
Armenian Dram to Maldivian RufiyaaMaldivian Rufiyaa to Armenian Dram
Armenian Dram to Malawian KwachaMalawian Kwacha to Armenian Dram
Armenian Dram to Mexican PesoMexican Peso to Armenian Dram
Armenian Dram to Malaysian RinggitMalaysian Ringgit to Armenian Dram
Armenian Dram to Mozambican MeticalMozambican Metical to Armenian Dram
Armenian Dram to Namibian DollarNamibian Dollar to Armenian Dram
Armenian Dram to Nigerian NairaNigerian Naira to Armenian Dram
Armenian Dram to Nicaraguan CordobaNicaraguan Cordoba to Armenian Dram
Armenian Dram to Norwegian KroneNorwegian Krone to Armenian Dram
Armenian Dram to Nepalese RupeeNepalese Rupee to Armenian Dram
Armenian Dram to New Zealand DollarNew Zealand Dollar to Armenian Dram
Armenian Dram to Omani RialOmani Rial to Armenian Dram
Armenian Dram to Panamanian BalboaPanamanian Balboa to Armenian Dram
Armenian Dram to Peruvian Nuevo SolPeruvian Nuevo Sol to Armenian Dram
Armenian Dram to Papua New Guinean KinaPapua New Guinean Kina to Armenian Dram
Armenian Dram to Philippine PesoPhilippine Peso to Armenian Dram
Armenian Dram to Pakistani RupeePakistani Rupee to Armenian Dram
Armenian Dram to Polish ZlotyPolish Zloty to Armenian Dram
Armenian Dram to Paraguayan GuaraniParaguayan Guarani to Armenian Dram
Armenian Dram to Qatari RialQatari Rial to Armenian Dram
Armenian Dram to Romanian LeuRomanian Leu to Armenian Dram
Armenian Dram to Serbian DinarSerbian Dinar to Armenian Dram
Armenian Dram to Russian RubleRussian Ruble to Armenian Dram
Armenian Dram to Rwandan FrancRwandan Franc to Armenian Dram
Armenian Dram to Saudi RiyalSaudi Riyal to Armenian Dram
Armenian Dram to Solomon Islands DollarSolomon Islands Dollar to Armenian Dram
Armenian Dram to Seychellois RupeeSeychellois Rupee to Armenian Dram
Armenian Dram to Sudanese PoundSudanese Pound to Armenian Dram
Armenian Dram to Swedish KronaSwedish Krona to Armenian Dram
Armenian Dram to Singapore DollarSingapore Dollar to Armenian Dram
Armenian Dram to Saint Helena PoundSaint Helena Pound to Armenian Dram
Armenian Dram to Sierra Leonean LeoneSierra Leonean Leone to Armenian Dram
Armenian Dram to Somali ShillingSomali Shilling to Armenian Dram
Armenian Dram to Surinamese DollarSurinamese Dollar to Armenian Dram
Armenian Dram to South Sudanese PoundSouth Sudanese Pound to Armenian Dram
Armenian Dram to Sao Tome And Principe DobraSao Tome And Principe Dobra to Armenian Dram
Armenian Dram to Salvadoran ColonSalvadoran Colon to Armenian Dram
Armenian Dram to Syrian PoundSyrian Pound to Armenian Dram
Armenian Dram to Swazi LilangeniSwazi Lilangeni to Armenian Dram
Armenian Dram to Thai BahtThai Baht to Armenian Dram
Armenian Dram to Tajikistani SomoniTajikistani Somoni to Armenian Dram
Armenian Dram to Turkmenistani ManatTurkmenistani Manat to Armenian Dram
Armenian Dram to Tunisian DinarTunisian Dinar to Armenian Dram
Armenian Dram to Tongan PaangaTongan Paanga to Armenian Dram
Armenian Dram to Turkish LiraTurkish Lira to Armenian Dram
Armenian Dram to Trinidad And Tobago DollarTrinidad And Tobago Dollar to Armenian Dram
Armenian Dram to New Taiwan DollarNew Taiwan Dollar to Armenian Dram
Armenian Dram to Tanzanian ShillingTanzanian Shilling to Armenian Dram
Armenian Dram to Ukrainian HryvniaUkrainian Hryvnia to Armenian Dram
Armenian Dram to Ugandan ShillingUgandan Shilling to Armenian Dram
Armenian Dram to United States DollarUnited States Dollar to Armenian Dram
Armenian Dram to Uruguayan PesoUruguayan Peso to Armenian Dram
Armenian Dram to Uzbekistan SomUzbekistan Som to Armenian Dram
Armenian Dram to Venezuelan Bolivar SoberanoVenezuelan Bolivar Soberano to Armenian Dram
Armenian Dram to Vietnamese DongVietnamese Dong to Armenian Dram
Armenian Dram to Vanuatu VatuVanuatu Vatu to Armenian Dram
Armenian Dram to Samoan TalaSamoan Tala to Armenian Dram
Armenian Dram to Cfa Franc BeacCfa Franc Beac to Armenian Dram
Armenian Dram to Silver Troy OunceSilver Troy Ounce to Armenian Dram
Armenian Dram to Gold Troy OunceGold Troy Ounce to Armenian Dram
Armenian Dram to East Caribbean DollarEast Caribbean Dollar to Armenian Dram
Armenian Dram to Special Drawing RightsSpecial Drawing Rights to Armenian Dram
Armenian Dram to Cfa Franc BceaoCfa Franc Bceao to Armenian Dram
Armenian Dram to Palladium OuncePalladium Ounce to Armenian Dram
Armenian Dram to Cfp FrancCfp Franc to Armenian Dram
Armenian Dram to Platinum OuncePlatinum Ounce to Armenian Dram
Armenian Dram to Yemeni RialYemeni Rial to Armenian Dram
Armenian Dram to South African RandSouth African Rand to Armenian Dram
Armenian Dram to Zambian KwachaZambian Kwacha to Armenian Dram

FAQ on Armenian Dram (AMD) to Chinese Yuan Offshore (CNH) Conversion:

What is the Symbol of Armenian Dram and Chinese Yuan Offshore?

The symbol for Armenian Dram is '֏', and for Chinese Yuan Offshores, it is '¥'. These symbols are used to denote in everyday currency analysis.

How to convert Armenian Dram(s) to Chinese Yuan Offshore(es)?

To convert Armenian Dram(s) to Chinese Yuan Offshore(es), multiply the number of Armenian Drams by 53.795106517612 because one Armenian Dram equals 53.795106517612 Chinese Yuan Offshores.
Formula: Chinese Yuan Offshores = Armenian Drams × 53.795106517612.
This is a standard rule used in conversions.

How to convert Chinese Yuan Offshore(es) to Armenian Dram(s) ?

To convert Chinese Yuan Offshore(es) to Armenian Dram(s), divide the number of Chinese Yuan Offshores by 53.795106517612, since, 1 Armenian Dram contains exactly 53.795106517612 Chinese Yuan Offshore(es).
Formula: Armenian Drams = Chinese Yuan Offshore(s) ÷ 53.795106517612.
It’s a common calculation in conversions.

How many Armenian Dram(s) are these in an Chinese Yuan Offshore(es) ?

There are 0.018589051397688 Armenian Drams in one Chinese Yuan Offshore. This is derived by dividing 1 Chinese Yuan Offshore by 53.795106517612, as 1 Armenian Dram equals 53.795106517612 Chinese Yuan Offshore(s).
Formula: Armenian Dram = Chinese Yuan Offshores ÷ 53.795106517612.
It’s a precise currency conversion method.

How many Chinese Yuan Offshore(es) are these in an Armenian Dram(s) ?

There are exactly 53.795106517612 Chinese Yuan Offshores in one Armenian Dram. This is a fixed value used in the measurement system.
Formula: Chinese Yuan Offshore(s) = Armenian Drams × 53.795106517612.
It's one of the most basic conversions.

How many Chinese Yuan Offshore in 10 Armenian Dram?

There are 537.95106517612 Chinese Yuan Offshores in 10 Armenian Drams. This is calculated by multiplying 10 by 53.795106517612.
Formula: 10 Armenian Drams × 53.795106517612 = 537.95106517612 Chinese Yuan Offshores.
This conversion is helpful for measurements.

How many Chinese Yuan Offshore(s) in 50 Armenian Dram?

There are 2689.7553258806 Chinese Yuan Offshores in 50 Armenian Drams. One can calculate it by multiplying 50 by 53.795106517612.
Formula: 50 Armenian Drams × 53.795106517612 = 2689.7553258806 Chinese Yuan Offshores.
This conversion is used in many applications.

How many Chinese Yuan Offshore(s) in 100 Armenian Dram?

There are 5379.5106517612 Chinese Yuan Offshore(s) in 100 Armenian Drams. Multiply 100 by 53.795106517612 to get the result.
Formula: 100 Armenian Drams × 53.795106517612 = 5379.5106517612 Chinese Yuan Offshore(s).
This is a basic currency conversion formula.