Azerbaijani manat euro exchange rate history (AZN EUR) December 2023

Azerbaijani manat euro history for December 2023. The highest quote for this month is 0.5483 (08/12/2023) and the lowest 0.54587 (11/12/2023). The difference between high and low is 0.44.

AZN EUR average rate for December 2023 is 0.53917, the change between 01/12/2023 and 31/12/2023 is +1.59 %.

01 December 2023	1 AZN = 0.5402 EUR
04 December 2023	1 AZN = 0.5404 EUR
05 December 2023	1 AZN = 0.5429 EUR
06 December 2023	1 AZN = 0.5451 EUR
07 December 2023	1 AZN = 0.5465 EUR
08 December 2023	1 AZN = 0.5452 EUR
11 December 2023	1 AZN = 0.5466 EUR
12 December 2023	1 AZN = 0.5465 EUR
13 December 2023	1 AZN = 0.5449 EUR
14 December 2023	1 AZN = 0.5405 EUR
15 December 2023	1 AZN = 0.5352 EUR
18 December 2023	1 AZN = 0.5401 EUR
19 December 2023	1 AZN = 0.5387 EUR
20 December 2023	1 AZN = 0.5358 EUR
21 December 2023	1 AZN = 0.5376 EUR
22 December 2023	1 AZN = 0.5346 EUR
25 December 2023	1 AZN = 0.5336 EUR
26 December 2023	1 AZN = 0.5339 EUR
27 December 2023	1 AZN = 0.5328 EUR
28 December 2023	1 AZN = 0.5297 EUR
29 December 2023	1 AZN = 0.5316 EUR

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.

13/07/2015: Greek debt bailout agreement

A third bailout deal was reached between Greece and its creditors, avoiding a potential Greek exit from the Eurozone.

02/05/2010: Greek debt crisis

Greece's financial crisis threatened the stability of the Eurozone, requiring massive bailout packages to prevent a default.

15/10/2008: Global financial crisis

The Euro faced significant economic challenges following the collapse of Lehman Brothers, leading to a recession in many Eurozone countries.

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.

01/05/2004: Eurozone expansion

10 more countries joined the Eurozone, bringing the total number of participating countries to 24.

01/01/2002: Euro banknotes and coins

Physical banknotes and coins in Euro were introduced, replacing national currencies in 12 European countries.

14/06/2001: Currency Reform

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

01/01/1999: Introduction of the Euro

The Euro was officially introduced as an electronic currency for banking and financial transactions.

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.

07/02/1992: The Maastricht Treaty

The treaty was signed, which officially established the European Union and laid the groundwork for the creation of the Euro.

Historic Azerbaijani manat Euro