1 RMB (Chinese Yuan Renminbi - CNY) is approximately equal to 75.6323 AMD (Armenian Dram). It is the currency of Armenia. The issue of the currency is controlled by The Central Bank of Armenia. Until 1993, the Soviet Union banknotes were used as currency. Armenian Dram was also introduced at the end of 1993. The AMD (Armenian Dram) is subdivided into 100 Lumas.