Azerbaijani manat north korean won exchange rate history (AZN KPW) February 2024

Azerbaijani manat north korean won history for February 2024. The highest quote for this month is 529.57 (01/02/2024) and the lowest 529.57 (01/02/2024). The difference between high and low is 0.

AZN KPW average rate for February 2024 is 529.57, the change between 01/02/2024 and 29/02/2024 is 0 %.

01 February 2024	1 AZN = 529.6 KPW
02 February 2024	1 AZN = 529.6 KPW
05 February 2024	1 AZN = 529.6 KPW
06 February 2024	1 AZN = 529.6 KPW
07 February 2024	1 AZN = 529.6 KPW
08 February 2024	1 AZN = 529.6 KPW
09 February 2024	1 AZN = 529.6 KPW
12 February 2024	1 AZN = 529.6 KPW
13 February 2024	1 AZN = 529.6 KPW
14 February 2024	1 AZN = 529.6 KPW
15 February 2024	1 AZN = 529.6 KPW
16 February 2024	1 AZN = 529.6 KPW
19 February 2024	1 AZN = 529.6 KPW
20 February 2024	1 AZN = 529.6 KPW
21 February 2024	1 AZN = 529.6 KPW
22 February 2024	1 AZN = 529.6 KPW
23 February 2024	1 AZN = 529.6 KPW
26 February 2024	1 AZN = 529.6 KPW
27 February 2024	1 AZN = 529.6 KPW
28 February 2024	1 AZN = 529.6 KPW
29 February 2024	1 AZN = 529.6 KPW

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.

01/07/2013: Exchange rate unification

North Korea unifies the official exchange rate and market rate, resulting in a significant depreciation of the won.

30/11/2009: Currency revaluation

North Korean government announces a currency revaluation, replacing the old won notes at a ratio of 1 for 100.

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.

01/12/2001: Currency redenomination

North Korean won is redenominated, with the previous notes and coins being replaced by new ones at a ratio of 1 for 1,000.

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.

25/02/1992: Introducing foreign exchange certificates

North Korea introduces foreign exchange certificates to counter hyperinflation and stabilize its economy.

06/12/1979: Second major revaluation

North Korean won undergoes its second major revaluation, with the exchange rate being set at 1 for 10.

31/12/1959: First major revaluation

North Korean won undergoes its first major revaluation, with the exchange rate being set at 1 for 100.

06/12/1947: Introduction of North Korean won

North Korean won is introduced as the official currency of North Korea, replacing the Korean yen at par value.

Historic Azerbaijani manat North Korean won