Azerbaijani manat

The Azerbaijani manat is the currency of Azerbaijan (AZ)
1 AZN = 0.903 AUD
1 AUD = 1.108 AZN
1 AZN = 798.462 ARS
1 ARS = 0.001 AZN
1 AZN = 1733.573 BIF
1 BIF = 0.001 AZN
1 AZN = 0.221 BHD
1 BHD = 4.521 AZN
1 AZN = 4.065 BOB
1 BOB = 0.246 AZN
1 AZN = 1.000 AZN
1 AZN = 1.000 AZN
1 AZN = 51.812 BTN
1 BTN = 0.019 AZN
1 AZN = 296.179 CRC
1 CRC = 0.003 AZN
1 AZN = 12.290 CZK
1 CZK = 0.081 AZN
1 AZN = 4.192 CNY
1 CNY = 0.239 AZN
1 AZN = 3.781 DKK
1 DKK = 0.264 AZN
1 AZN = 86.280 ETB
1 ETB = 0.012 AZN
1 AZN = 5107.213 GNF
1 GNF = 0.000 AZN
1 AZN = 4.130 HRK
1 HRK = 0.242 AZN
1 AZN = 9763.997 IDR
1 IDR = 0.000 AZN
1 AZN = 94.319 JMD
1 JMD = 0.011 AZN
1 AZN = 51.446 KGS
1 KGS = 0.019 AZN
1 AZN = 0.990 BAM
1 BAM = 1.010 AZN
1 AZN = 1.059 ANG
1 ANG = 0.944 AZN
1 AZN = 7.965 BWP
1 BWP = 0.126 AZN
1 AZN = 0.763 BND
1 BND = 1.311 AZN
1 AZN = 1321.927 CDF
1 CDF = 0.001 AZN
1 AZN = 1.184 BZD
1 BZD = 0.845 AZN
1 AZN = 20029.647 BYR
1 BYR = 0.000 AZN
1 AZN = 0.990 BGN
1 BGN = 1.010 AZN
1 AZN = 0.826 CAD
1 CAD = 1.210 AZN
1 AZN = 76.697 DZD
1 DZD = 0.013 AZN
1 AZN = 8.824 ERN
1 ERN = 0.113 AZN
1 AZN = 28.025 EGP
1 EGP = 0.036 AZN
1 AZN = 1.337 FJD
1 FJD = 0.748 AZN
1 AZN = 0.441 GBP
1 GBP = 2.270 AZN
1 AZN = 0.441 FKP
1 FKP = 2.270 AZN
1 AZN = 4.504 GTQ
1 GTQ = 0.222 AZN
1 AZN = 4.572 HKD
1 HKD = 0.219 AZN
1 AZN = 197.888 HUF
1 HUF = 0.005 AZN
1 AZN = 769.144 IQD
1 IQD = 0.001 AZN
1 AZN = 24747.762 IRR
1 IRR = 0.000 AZN
1 AZN = 249.057 KMF
1 KMF = 0.004 AZN
1 AZN = 837.486 KRW
1 KRW = 0.001 AZN
1 AZN = 48.982 ALL
1 ALL = 0.020 AZN
1 AZN = 71.591 BDT
1 BDT = 0.014 AZN
1 AZN = 1.053 AWG
1 AWG = 0.950 AZN
1 AZN = 3.213 BRL
1 BRL = 0.311 AZN
1 AZN = 0.011 BCH
1 BCH = 90.942 AZN
1 AZN = 0.000 BTC
1 BTC = 188886.667 AZN
1 AZN = 2.160 AED
1 AED = 0.463 AZN
1 AZN = 538.358 AOA
1 AOA = 0.002 AZN
1 AZN = 0.588 BSD
1 BSD = 1.700 AZN
1 AZN = 564.747 CLP
1 CLP = 0.002 AZN
1 AZN = 2.003 BYN
1 BYN = 0.499 AZN
1 AZN = 2309.162 COP
1 COP = 0.000 AZN
1 AZN = 14.108 CUP
1 CUP = 0.071 AZN
1 AZN = 0.000 ETH
1 ETH = 7024.711 AZN
1 AZN = 0.506 EUR
1 EUR = 1.975 AZN
1 AZN = 15.428 HNL
1 HNL = 0.065 AZN
1 AZN = 43.083 GMD
1 GMD = 0.023 AZN
1 AZN = 0.441 GIP
1 GIP = 2.270 AZN
1 AZN = 76.950 HTG
1 HTG = 0.013 AZN
1 AZN = 0.417 JOD
1 JOD = 2.398 AZN
1 AZN = 89.120 JPY
1 JPY = 0.011 AZN
1 AZN = 38.817 AFN
1 AFN = 0.026 AZN
1 AZN = 1.176 BBD
1 BBD = 0.850 AZN
1 AZN = 0.588 BMD
1 BMD = 1.700 AZN
1 AZN = 224.041 AMD
1 AMD = 0.004 AZN
1 AZN = 0.471 CHF
1 CHF = 2.124 AZN
1 AZN = 104.703 DJF
1 DJF = 0.010 AZN
1 AZN = 37.066 DOP
1 DOP = 0.027 AZN
1 AZN = 55.824 CVE
1 CVE = 0.018 AZN
1 AZN = 1.593 GEL
1 GEL = 0.628 AZN
1 AZN = 6.658 GHS
1 GHS = 0.150 AZN
1 AZN = 122.994 GYD
1 GYD = 0.008 AZN
1 AZN = 1.935 ILS
1 ILS = 0.517 AZN
1 AZN = 51.812 INR
1 INR = 0.019 AZN
1 AZN = 71.688 ISK
1 ISK = 0.014 AZN
1 AZN = 2365.075 KHR
1 KHR = 0.000 AZN
1 AZN = 75.975 KES
1 KES = 0.013 AZN
1 AZN = 0.181 KWD
1 KWD = 5.539 AZN
1 AZN = 316.913 KZT
1 KZT = 0.003 AZN
1 AZN = 178.104 LKR
1 LKR = 0.006 AZN
1 AZN = 5.407 MAD
1 MAD = 0.185 AZN
1 AZN = 1234.850 MMK
1 MMK = 0.001 AZN
1 AZN = 2115.025 MNT
1 MNT = 0.000 AZN
1 AZN = 26.692 MUR
1 MUR = 0.037 AZN
1 AZN = 234.991 MRO
1 MRO = 0.004 AZN
1 AZN = 9.059 MVR
1 MVR = 0.110 AZN
1 AZN = 1019.806 MWK
1 MWK = 0.001 AZN
1 AZN = 1.028 NZD
1 NZD = 0.973 AZN
1 AZN = 82.939 NPR
1 NPR = 0.012 AZN
1 AZN = 34.206 PHP
1 PHP = 0.029 AZN
1 AZN = 166.337 PKR
1 PKR = 0.006 AZN
1 AZN = 850.916 RWF
1 RWF = 0.001 AZN
1 AZN = 0.060 LTC
1 LTC = 16.631 AZN
1 AZN = 10.860 MXN
1 MXN = 0.092 AZN
1 AZN = 21.620 NIO
1 NIO = 0.046 AZN
1 AZN = 2.576 RON
1 RON = 0.388 AZN
1 AZN = 529.415 KPW
1 KPW = 0.002 AZN
1 AZN = 0.489 KYD
1 KYD = 2.045 AZN
1 AZN = 52778.268 LBP
1 LBP = 0.000 AZN
1 AZN = 3.197 LYD
1 LYD = 0.313 AZN
1 AZN = 12741.797 LAK
1 LAK = 0.000 AZN
1 AZN = 2645.761 MGA
1 MGA = 0.000 AZN
1 AZN = 107.504 LRD
1 LRD = 0.009 AZN
1 AZN = 31.172 MKD
1 MKD = 0.032 AZN
1 AZN = 10.192 LSL
1 LSL = 0.098 AZN
1 AZN = 4.710 MOP
1 MOP = 0.212 AZN
1 AZN = 9.952 MDL
1 MDL = 0.100 AZN
1 AZN = 10.192 NAD
1 NAD = 0.098 AZN
1 AZN = 2.489 MYR
1 MYR = 0.402 AZN
1 AZN = 0.226 OMR
1 OMR = 4.419 AZN
1 AZN = 858.563 NGN
1 NGN = 0.001 AZN
1 AZN = 2.472 PGK
1 PGK = 0.405 AZN
1 AZN = 0.588 PAB
1 PAB = 1.700 AZN
1 AZN = 2.015 PEN
1 PEN = 0.496 AZN
1 AZN = 5.934 NOK
1 NOK = 0.169 AZN
1 AZN = 2.155 PLN
1 PLN = 0.464 AZN
1 AZN = 4147.755 PYG
1 PYG = 0.000 AZN
1 AZN = 2.141 QAR
1 QAR = 0.467 AZN
1 AZN = 4.996 SBD
1 SBD = 0.200 AZN
1 AZN = 2.206 SAR
1 SAR = 0.453 AZN
1 AZN = 0.763 SGD
1 SGD = 1.311 AZN
1 AZN = 13352.157 SLL
1 SLL = 0.000 AZN
1 AZN = 19.157 THB
1 THB = 0.052 AZN
1 AZN = 17.997 TWD
1 TWD = 0.056 AZN
1 AZN = 24.532 UAH
1 UAH = 0.041 AZN
1 AZN = 2033.077 UGX
1 UGX = 0.000 AZN
1 AZN = 22.891 SRD
1 SRD = 0.044 AZN
1 AZN = 12552.971 STD
1 STD = 0.000 AZN
1 AZN = 24.608 TRY
1 TRY = 0.041 AZN
1 AZN = 3.991 TTD
1 TTD = 0.251 AZN
1 AZN = 1.417 TOP
1 TOP = 0.706 AZN
1 AZN = 7166.614 UZS
1 UZS = 0.000 AZN
1 AZN = 140.470 YER
1 YER = 0.007 AZN
1 AZN = 10.192 ZAR
1 ZAR = 0.098 AZN
1 AZN = 59.313 RSD
1 RSD = 0.017 AZN
1 AZN = 46.422 RUB
1 RUB = 0.022 AZN
1 AZN = 336.182 SOS
1 SOS = 0.003 AZN
1 AZN = 5.147 SVC
1 SVC = 0.194 AZN
1 AZN = 7648.266 SYP
1 SYP = 0.000 AZN
1 AZN = 10.192 SZL
1 SZL = 0.098 AZN
1 AZN = 1.724 TND
1 TND = 0.580 AZN
1 AZN = 23.578 UYU
1 UYU = 0.042 AZN
1 AZN = 15500.653 VND
1 VND = 0.000 AZN
1 AZN = 72.334 VUV
1 VUV = 0.014 AZN
1 AZN = 1.650 WST
1 WST = 0.606 AZN
1 AZN = 332.076 XAF
1 XAF = 0.003 AZN
1 AZN = 1.592 XCD
1 XCD = 0.628 AZN
1 AZN = 8.075 SCR
1 SCR = 0.124 AZN
1 AZN = 5.578 SEK
1 SEK = 0.179 AZN
1 AZN = 0.441 SHP
1 SHP = 2.270 AZN
1 AZN = 1442.064 TZS
1 TZS = 0.001 AZN
1 AZN = 0.588 USD
1 USD = 1.700 AZN
1 AZN = 60.411 XPF
1 XPF = 0.017 AZN
1 AZN = 332.076 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.