Azerbaijani manat swiss franc exchange rate history (AZN CHF) February 2024

Azerbaijani manat swiss franc history for February 2024. The highest quote for this month is 0.52279 (14/02/2024) and the lowest 0.52068 (14/02/2024). The difference between high and low is 0.4.

AZN CHF average rate for February 2024 is 0.51555, the change between 01/02/2024 and 29/02/2024 is -1.9 %.

01 February 2024	1 AZN = 0.5074 CHF
02 February 2024	1 AZN = 0.5046 CHF
05 February 2024	1 AZN = 0.5101 CHF
06 February 2024	1 AZN = 0.5123 CHF
07 February 2024	1 AZN = 0.5116 CHF
08 February 2024	1 AZN = 0.5142 CHF
09 February 2024	1 AZN = 0.5140 CHF
12 February 2024	1 AZN = 0.5144 CHF
13 February 2024	1 AZN = 0.5153 CHF
14 February 2024	1 AZN = 0.5222 CHF
15 February 2024	1 AZN = 0.5208 CHF
16 February 2024	1 AZN = 0.5177 CHF
19 February 2024	1 AZN = 0.5182 CHF
20 February 2024	1 AZN = 0.5194 CHF
21 February 2024	1 AZN = 0.5189 CHF
22 February 2024	1 AZN = 0.5174 CHF
23 February 2024	1 AZN = 0.5178 CHF
26 February 2024	1 AZN = 0.5185 CHF
27 February 2024	1 AZN = 0.5177 CHF
28 February 2024	1 AZN = 0.5171 CHF
29 February 2024	1 AZN = 0.5170 CHF

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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.

Historic Azerbaijani manat Swiss franc