Azerbaijani manat vanuatu vatu history for August 2023. The highest quote for this month is 70.503 (17/08/2023) and the lowest 70.05 (17/08/2023). The difference between high and low is 0.64.
AZN VUV average rate for August 2023 is 69.6345, the change between 01/08/2023 and 31/08/2023 is -2.52 %.
01 August 2023 | 1 AZN = 68.76 VUV |
03 August 2023 | 1 AZN = 69.69 VUV |
04 August 2023 | 1 AZN = 69.65 VUV |
07 August 2023 | 1 AZN = 69.46 VUV |
08 August 2023 | 1 AZN = 69.46 VUV |
10 August 2023 | 1 AZN = 69.70 VUV |
14 August 2023 | 1 AZN = 69.86 VUV |
17 August 2023 | 1 AZN = 70.49 VUV |
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.