Azerbaijani manat russian ruble exchange rate history (AZN RUB) January 2024

Azerbaijani manat russian ruble history for January 2024. The highest quote for this month is 53.936 (05/01/2024) and the lowest 53.498 (08/01/2024). The difference between high and low is 0.81.

AZN RUB average rate for January 2024 is 52.61142, the change between 01/01/2024 and 31/01/2024 is +1.73 %.

05 January 2024	1 AZN = 53.73 RUB
08 January 2024	1 AZN = 53.48 RUB
09 January 2024	1 AZN = 53.48 RUB
10 January 2024	1 AZN = 53.48 RUB
11 January 2024	1 AZN = 53.48 RUB
12 January 2024	1 AZN = 52.89 RUB
15 January 2024	1 AZN = 52.89 RUB
16 January 2024	1 AZN = 52.89 RUB
17 January 2024	1 AZN = 51.75 RUB
18 January 2024	1 AZN = 52.15 RUB
19 January 2024	1 AZN = 52.15 RUB
22 January 2024	1 AZN = 52.62 RUB
23 January 2024	1 AZN = 51.77 RUB
24 January 2024	1 AZN = 51.77 RUB
25 January 2024	1 AZN = 52.19 RUB
26 January 2024	1 AZN = 51.78 RUB
29 January 2024	1 AZN = 51.78 RUB
30 January 2024	1 AZN = 52.53 RUB
31 January 2024	1 AZN = 52.80 RUB

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.