Azerbaijani manat salvadoran colón history for July 2023. The highest quote for this month is 5.0936 (28/07/2023) and the lowest 5.022 (25/07/2023). The difference between high and low is 1.41.
AZN SVC average rate for July 2023 is 5.01813, the change between 01/07/2023 and 31/07/2023 is -0.16 %.
| 04 July 2023 | 1 AZN = 5.01 SVC |
| 25 July 2023 | 1 AZN = 5.02 SVC |
| 28 July 2023 | 1 AZN = 5.02 SVC |
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.