Historic Euro Azerbaijani manat

Euro azerbaijani manat history for February 2024. The highest quote for this month is 1.8412 (27/02/2024) and the lowest 1.8521 (02/02/2024). The difference between high and low is -0.59.

EUR AZN average rate for February 2024 is 1.83441, the change between 01/02/2024 and 29/02/2024 is -0.33 %.

01 February 20241 EUR = 1.836 AZN
02 February 20241 EUR = 1.848 AZN
05 February 20241 EUR = 1.832 AZN
06 February 20241 EUR = 1.826 AZN
07 February 20241 EUR = 1.828 AZN
08 February 20241 EUR = 1.831 AZN
09 February 20241 EUR = 1.832 AZN
12 February 20241 EUR = 1.835 AZN
13 February 20241 EUR = 1.831 AZN
14 February 20241 EUR = 1.820 AZN
15 February 20241 EUR = 1.824 AZN
16 February 20241 EUR = 1.831 AZN
19 February 20241 EUR = 1.833 AZN
20 February 20241 EUR = 1.831 AZN
21 February 20241 EUR = 1.838 AZN
22 February 20241 EUR = 1.839 AZN
23 February 20241 EUR = 1.840 AZN
26 February 20241 EUR = 1.839 AZN
27 February 20241 EUR = 1.844 AZN
28 February 20241 EUR = 1.843 AZN
29 February 20241 EUR = 1.842 AZN

31/12/2020: Digital Currency Pilot

Azerbaijan launched a pilot program to test the use of a digital currency, the digital manat, in an effort to modernize its financial system.

20/12/2017: Second Devaluation

The manat faced another devaluation, this time by around 30%, due to economic challenges and a sharp drop in oil prices.

20/12/2015: Devaluation

The manat was devalued by more than 30% against the US dollar in response to falling oil prices.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

20/02/2005: Pegged to US Dollar

The Azerbaijani manat was pegged to the US dollar at a rate of 1.6 manat per dollar.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

31/12/1993: Hyperinflation

Azerbaijan experienced a period of hyperinflation, leading to the devaluation of the manat.

14/08/1992: Introduction of Manat

The Azerbaijani manat currency was introduced as the official currency of Azerbaijan, replacing the Soviet ruble.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.
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