Historic Azerbaijani manat Taiwan dollar

Azerbaijani manat taiwan dollar history for March 2024. The highest quote for this month is 18.625 (01/03/2024) and the lowest 18.579 (01/03/2024). The difference between high and low is 0.25.

AZN TWD average rate for March 2024 is 18.538, the change between 01/03/2024 and 31/03/2024 is +0.69 %.

01 March 20241 AZN = 18.60 TWD
04 March 20241 AZN = 18.57 TWD
05 March 20241 AZN = 18.54 TWD
06 March 20241 AZN = 18.56 TWD
07 March 20241 AZN = 18.51 TWD
11 March 20241 AZN = 18.51 TWD
12 March 20241 AZN = 18.47 TWD

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.

01/01/2005: New Taiwan dollar banknotes issued

New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.

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.

30/04/1991: Foreign Exchange Control Act revised

Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.

15/07/1987: Lifting of martial law

The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.

16/12/1971: Taiwan's expulsion from the UN

The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.

03/03/1952: TWD pegged to the US Dollar

The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.

10/12/1949: Chinese Civil War ends

The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.

25/10/1945: Taiwan is restored to the Republic of China

After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.