AZN · AZN
Azerbaijani manat (AZN)
The Azerbaijani manat (AZN) is the official currency of Azerbaijan, introduced in 1992 and redenominated in 2006. It is managed by the Central Bank of Azerbaijan.
Convert this currency
Converted amount
0.5884 USD
Exchange rate
1 AZN = 0.588408 USD
Updated
8/9/2026 12:00 AM
Source
ApiForex Managed Source 3
AZN · Azerbaijani manat
Azerbaijani Manat (AZN): Overview and History
The Azerbaijani manat (AZN) is the official currency of the Republic of Azerbaijan, a country located at the crossroads of Eastern Europe and Western Asia. The manat is issued and regulated by the Central Bank of Azerbaijan, which oversees its circulation and monetary policy. The currency symbol is ₼, and its ISO code is AZN.
The manat was first introduced in 1992, following the dissolution of the Soviet Union, replacing the Soviet ruble at a rate of 10 rubles to 1 manat. However, due to hyperinflation in the early 1990s, a new manat was introduced in 2006, with 1 new manat equal to 5,000 old manats. This redenomination helped stabilize the currency and simplify transactions.
The Azerbaijani economy is heavily reliant on oil and natural gas exports, which significantly influence the value of the manat. The currency is subject to fluctuations in global energy prices, and the central bank occasionally intervenes to maintain stability. As with any currency, the manat's value can be affected by geopolitical factors, economic policies, and market sentiment.
- Code
- AZN
- Symbol
- AZN
- Current rate
- USD / AZN
Currency information
Last updated · 8/7/2026
Introduced on 1 January 2006, replacing the old manat at a rate of 1 new manat = 5,000 old manat.
- Official name
- Azerbaijani manat
- Legal tender status
- Legal tender in Azerbaijan
- Decimal places
- 2
- Minor unit
- qəpik · 1 AZN = 100 qəpik
- Countries
- Azerbaijan
- Issuing authority
- Central Bank of the Republic of Azerbaijan
- Central bank
- Central Bank of the Republic of Azerbaijan · Official website
- Exchange-rate regime
- Managed float
Common banknotes
1 manat · 5 manat · 10 manat · 20 manat · 50 manat · 100 manat · 200 manat
Common coins
1 qəpik · 3 qəpik · 5 qəpik · 10 qəpik · 20 qəpik · 50 qəpik · 1 manat
Also known as
AZN · Manat · Azerbaijani manat · ₼
Practical notes
- The symbol ₼ is used in digital contexts.
- The currency is often referred to simply as 'manat'.
Priority currency pairs
The most useful conversions for this currency.
Azerbaijani manat questions
What is the AZN exchange rate?
The displayed rate is the latest available reference rate for USD/AZN. It can change throughout the day.
How can I convert AZN online?
Use the converter above to calculate indicative amounts between AZN and the other supported currencies.