Azerbaijani manat

The Azerbaijani manat is the currency of Azerbaijan (AZ)
1 AZN = 39.048 AFN
1 AFN = 0.026 AZN
1 AZN = 0.903 AUD
1 AUD = 1.108 AZN
1 AZN = 873.782 ARS
1 ARS = 0.001 AZN
1 AZN = 48.946 ALL
1 ALL = 0.020 AZN
1 AZN = 71.947 BDT
1 BDT = 0.014 AZN
1 AZN = 1.053 AWG
1 AWG = 0.950 AZN
1 AZN = 1731.618 BIF
1 BIF = 0.001 AZN
1 AZN = 0.991 BAM
1 BAM = 1.009 AZN
1 AZN = 1.176 BBD
1 BBD = 0.850 AZN
1 AZN = 3.166 BRL
1 BRL = 0.316 AZN
1 AZN = 0.221 BHD
1 BHD = 4.521 AZN
1 AZN = 0.012 BCH
1 BCH = 82.806 AZN
1 AZN = 4.061 BOB
1 BOB = 0.246 AZN
1 AZN = 1.059 ANG
1 ANG = 0.944 AZN
1 AZN = 0.000 BTC
1 BTC = 188888.889 AZN
1 AZN = 2.160 AED
1 AED = 0.463 AZN
1 AZN = 538.176 AOA
1 AOA = 0.002 AZN
1 AZN = 0.588 BSD
1 BSD = 1.700 AZN
1 AZN = 0.588 BMD
1 BMD = 1.700 AZN
1 AZN = 1.000 AZN
1 AZN = 1.000 AZN
1 AZN = 51.654 BTN
1 BTN = 0.019 AZN
1 AZN = 224.359 AMD
1 AMD = 0.004 AZN
1 AZN = 8.280 BWP
1 BWP = 0.121 AZN
1 AZN = 0.764 BND
1 BND = 1.309 AZN
1 AZN = 1340.365 CDF
1 CDF = 0.001 AZN
1 AZN = 1.183 BZD
1 BZD = 0.845 AZN
1 AZN = 20028.176 BYR
1 BYR = 0.000 AZN
1 AZN = 0.468 CHF
1 CHF = 2.137 AZN
1 AZN = 556.788 CLP
1 CLP = 0.002 AZN
1 AZN = 0.991 BGN
1 BGN = 1.009 AZN
1 AZN = 295.429 CRC
1 CRC = 0.003 AZN
1 AZN = 2.003 BYN
1 BYN = 0.499 AZN
1 AZN = 2282.647 COP
1 COP = 0.000 AZN
1 AZN = 0.823 CAD
1 CAD = 1.215 AZN
1 AZN = 14.104 CUP
1 CUP = 0.071 AZN
1 AZN = 12.322 CZK
1 CZK = 0.081 AZN
1 AZN = 4.190 CNY
1 CNY = 0.239 AZN
1 AZN = 104.729 DJF
1 DJF = 0.010 AZN
1 AZN = 37.535 DOP
1 DOP = 0.027 AZN
1 AZN = 3.784 DKK
1 DKK = 0.264 AZN
1 AZN = 55.861 CVE
1 CVE = 0.018 AZN
1 AZN = 76.735 DZD
1 DZD = 0.013 AZN
1 AZN = 8.824 ERN
1 ERN = 0.113 AZN
1 AZN = 27.965 EGP
1 EGP = 0.036 AZN
1 AZN = 88.729 ETB
1 ETB = 0.011 AZN
1 AZN = 0.000 ETH
1 ETH = 6666.667 AZN
1 AZN = 1.602 GEL
1 GEL = 0.624 AZN
1 AZN = 1.352 FJD
1 FJD = 0.739 AZN
1 AZN = 0.442 GBP
1 GBP = 2.264 AZN
1 AZN = 6.353 GHS
1 GHS = 0.157 AZN
1 AZN = 0.442 FKP
1 FKP = 2.264 AZN
1 AZN = 0.507 EUR
1 EUR = 1.974 AZN
1 AZN = 5103.794 GNF
1 GNF = 0.000 AZN
1 AZN = 15.455 HNL
1 HNL = 0.065 AZN
1 AZN = 42.969 GMD
1 GMD = 0.023 AZN
1 AZN = 0.442 GIP
1 GIP = 2.264 AZN
1 AZN = 4.504 GTQ
1 GTQ = 0.222 AZN
1 AZN = 4.571 HKD
1 HKD = 0.219 AZN
1 AZN = 122.959 GYD
1 GYD = 0.008 AZN
1 AZN = 76.982 HTG
1 HTG = 0.013 AZN
1 AZN = 3.817 HRK
1 HRK = 0.262 AZN
1 AZN = 197.918 HUF
1 HUF = 0.005 AZN
1 AZN = 9767.706 IDR
1 IDR = 0.000 AZN
1 AZN = 1.936 ILS
1 ILS = 0.517 AZN
1 AZN = 771.506 IQD
1 IQD = 0.001 AZN
1 AZN = 51.654 INR
1 INR = 0.019 AZN
1 AZN = 24726.294 IRR
1 IRR = 0.000 AZN
1 AZN = 72.035 ISK
1 ISK = 0.014 AZN
1 AZN = 94.365 JMD
1 JMD = 0.011 AZN
1 AZN = 0.417 JOD
1 JOD = 2.398 AZN
1 AZN = 89.776 JPY
1 JPY = 0.011 AZN
1 AZN = 51.450 KGS
1 KGS = 0.019 AZN
1 AZN = 2374.000 KHR
1 KHR = 0.000 AZN
1 AZN = 75.941 KES
1 KES = 0.013 AZN
1 AZN = 249.218 KMF
1 KMF = 0.004 AZN
1 AZN = 845.482 KRW
1 KRW = 0.001 AZN
1 AZN = 0.180 KWD
1 KWD = 5.545 AZN
1 AZN = 529.406 KPW
1 KPW = 0.002 AZN
1 AZN = 0.489 KYD
1 KYD = 2.045 AZN
1 AZN = 316.176 KZT
1 KZT = 0.003 AZN
1 AZN = 52719.471 LBP
1 LBP = 0.000 AZN
1 AZN = 178.247 LKR
1 LKR = 0.006 AZN
1 AZN = 12753.059 LAK
1 LAK = 0.000 AZN
1 AZN = 107.559 LRD
1 LRD = 0.009 AZN
1 AZN = 10.182 LSL
1 LSL = 0.098 AZN
1 AZN = 0.006 LTC
1 LTC = 161.000 AZN
1 AZN = 3.200 LYD
1 LYD = 0.313 AZN
1 AZN = 9.978 MDL
1 MDL = 0.100 AZN
1 AZN = 5.432 MAD
1 MAD = 0.184 AZN
1 AZN = 2632.500 MGA
1 MGA = 0.000 AZN
1 AZN = 31.222 MKD
1 MKD = 0.032 AZN
1 AZN = 1235.082 MMK
1 MMK = 0.001 AZN
1 AZN = 2114.906 MNT
1 MNT = 0.000 AZN
1 AZN = 4.708 MOP
1 MOP = 0.212 AZN
1 AZN = 26.780 MUR
1 MUR = 0.037 AZN
1 AZN = 235.576 MRO
1 MRO = 0.004 AZN
1 AZN = 9.062 MVR
1 MVR = 0.110 AZN
1 AZN = 1020.865 MWK
1 MWK = 0.001 AZN
1 AZN = 10.822 MXN
1 MXN = 0.092 AZN
1 AZN = 2.488 MYR
1 MYR = 0.402 AZN
1 AZN = 10.182 NAD
1 NAD = 0.098 AZN
1 AZN = 859.894 NGN
1 NGN = 0.001 AZN
1 AZN = 21.625 NIO
1 NIO = 0.046 AZN
1 AZN = 1.022 NZD
1 NZD = 0.978 AZN
1 AZN = 0.226 OMR
1 OMR = 4.418 AZN
1 AZN = 2.472 PGK
1 PGK = 0.404 AZN
1 AZN = 82.682 NPR
1 NPR = 0.012 AZN
1 AZN = 0.588 PAB
1 PAB = 1.700 AZN
1 AZN = 34.481 PHP
1 PHP = 0.029 AZN
1 AZN = 5.872 NOK
1 NOK = 0.170 AZN
1 AZN = 1.996 PEN
1 PEN = 0.501 AZN
1 AZN = 166.194 PKR
1 PKR = 0.006 AZN
1 AZN = 2.142 PLN
1 PLN = 0.467 AZN
1 AZN = 4159.276 PYG
1 PYG = 0.000 AZN
1 AZN = 2.141 QAR
1 QAR = 0.467 AZN
1 AZN = 2.575 RON
1 RON = 0.388 AZN
1 AZN = 852.659 RWF
1 RWF = 0.001 AZN
1 AZN = 59.376 RSD
1 RSD = 0.017 AZN
1 AZN = 4.985 SBD
1 SBD = 0.201 AZN
1 AZN = 2.206 SAR
1 SAR = 0.453 AZN
1 AZN = 8.282 SCR
1 SCR = 0.121 AZN
1 AZN = 47.805 RUB
1 RUB = 0.021 AZN
1 AZN = 5.529 SEK
1 SEK = 0.181 AZN
1 AZN = 0.764 SGD
1 SGD = 1.309 AZN
1 AZN = 0.442 SHP
1 SHP = 2.264 AZN
1 AZN = 13594.765 SLL
1 SLL = 0.000 AZN
1 AZN = 334.594 SOS
1 SOS = 0.003 AZN
1 AZN = 23.381 SRD
1 SRD = 0.043 AZN
1 AZN = 5.147 SVC
1 SVC = 0.194 AZN
1 AZN = 12502.529 STD
1 STD = 0.000 AZN
1 AZN = 6504.059 SYP
1 SYP = 0.000 AZN
1 AZN = 10.182 SZL
1 SZL = 0.098 AZN
1 AZN = 1.728 TND
1 TND = 0.579 AZN
1 AZN = 19.282 THB
1 THB = 0.052 AZN
1 AZN = 24.695 TRY
1 TRY = 0.040 AZN
1 AZN = 3.990 TTD
1 TTD = 0.251 AZN
1 AZN = 18.102 TWD
1 TWD = 0.055 AZN
1 AZN = 1462.206 TZS
1 TZS = 0.001 AZN
1 AZN = 1.413 TOP
1 TOP = 0.708 AZN
1 AZN = 24.637 UAH
1 UAH = 0.041 AZN
1 AZN = 2052.735 UGX
1 UGX = 0.000 AZN
1 AZN = 23.389 UYU
1 UYU = 0.043 AZN
1 AZN = 0.588 USD
1 USD = 1.700 AZN
1 AZN = 7120.706 UZS
1 UZS = 0.000 AZN
1 AZN = 15488.529 VND
1 VND = 0.000 AZN
1 AZN = 71.747 VUV
1 VUV = 0.014 AZN
1 AZN = 1.651 WST
1 WST = 0.606 AZN
1 AZN = 332.294 XAF
1 XAF = 0.003 AZN
1 AZN = 1.593 XCD
1 XCD = 0.628 AZN
1 AZN = 60.453 XPF
1 XPF = 0.017 AZN
1 AZN = 140.547 YER
1 YER = 0.007 AZN
1 AZN = 10.182 ZAR
1 ZAR = 0.098 AZN
1 AZN = 332.294 XOF
1 XOF = 0.003 AZN

Evolution of the AZN Exchange Rate

The Azerbaijani manat (AZN) exchange rate has experienced significant fluctuations and evolution since its introduction in 1992. Initially pegged to the Russian ruble, it became fully independent in 2002. The exchange rate has been subject to changes in response to various economic factors, including inflation, government policies, and global economic conditions.

Variations in the AZN Exchange Rate

Over time, the AZN exchange rate has experienced both appreciation and depreciation against major currencies such as the US dollar and the euro. These variations have been influenced by factors like changes in oil prices, as Azerbaijan is a major oil-producing country, and fluctuations in global currency markets.

Significance of AZN in the Global Economy

While the Azerbaijani manat is not considered a major global currency, it plays a crucial role in the regional economy. Azerbaijan's oil exports and its strategic position in the Caspian Sea region contribute to the country's significance. The stability and value of the AZN are of utmost importance for domestic economic stability and international trade in the region.

Shocks Experienced by AZN and Correlation with Other Currencies

The AZN has experienced shocks, particularly during times of global economic uncertainty and fluctuations in oil prices. These shocks have affected its exchange rate against other currencies, causing volatility in its value. The correlation of the AZN with other currencies is influenced by various factors, including the economic ties of Azerbaijan with its trading partners and the relative strength or weakness of those currencies in global markets.