Azerbaijani manat euro exchange rate history (AZN EUR) February 2024

Azerbaijani manat euro history for February 2024. The highest quote for this month is 0.55014 (14/02/2024) and the lowest 0.54815 (14/02/2024). The difference between high and low is 0.36.

AZN EUR average rate for February 2024 is 0.54514, the change between 01/02/2024 and 29/02/2024 is +0.32 %.

01 February 2024	1 AZN = 0.5446 EUR
02 February 2024	1 AZN = 0.5411 EUR
05 February 2024	1 AZN = 0.5458 EUR
06 February 2024	1 AZN = 0.5478 EUR
07 February 2024	1 AZN = 0.5470 EUR
08 February 2024	1 AZN = 0.5461 EUR
09 February 2024	1 AZN = 0.5460 EUR
12 February 2024	1 AZN = 0.5449 EUR
13 February 2024	1 AZN = 0.5462 EUR
14 February 2024	1 AZN = 0.5495 EUR
15 February 2024	1 AZN = 0.5483 EUR
16 February 2024	1 AZN = 0.5461 EUR
19 February 2024	1 AZN = 0.5456 EUR
20 February 2024	1 AZN = 0.5461 EUR
21 February 2024	1 AZN = 0.5442 EUR
22 February 2024	1 AZN = 0.5438 EUR
23 February 2024	1 AZN = 0.5435 EUR
26 February 2024	1 AZN = 0.5438 EUR
27 February 2024	1 AZN = 0.5423 EUR
28 February 2024	1 AZN = 0.5426 EUR
29 February 2024	1 AZN = 0.5429 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