Historic Azerbaijani manat Salvadoran Colón

Azerbaijani manat salvadoran colón history since 22/11/2024 until today (0 years). Search for AZN to SVC exchange rate history for a particular date, month or year.

The Azerbaijani manat is the currency of Azerbaijan (supplied by Central Bank of Azerbaijan and the currency supplied by Central Reserve Bank of El Salvador. The AZN SVC historical data can be seen on the Azerbaijani manat salvadoran colón historical chart.

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.

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.

14/06/2001: Currency Reform

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

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.