Russian ruble azerbaijani manat exchange rate history (RUB AZN) January 2024

Russian ruble azerbaijani manat history for January 2024. The highest quote for this month is 0.019323 (17/01/2024) and the lowest 0.019323 (15/01/2024). The difference between high and low is 0.

RUB AZN average rate for January 2024 is 0.01901, the change between 01/01/2024 and 31/01/2024 is -1.76 %.

05 January 2024	1 RUB = 0.0186 AZN
08 January 2024	1 RUB = 0.0187 AZN
09 January 2024	1 RUB = 0.0187 AZN
10 January 2024	1 RUB = 0.0187 AZN
11 January 2024	1 RUB = 0.0187 AZN
12 January 2024	1 RUB = 0.0189 AZN
15 January 2024	1 RUB = 0.0189 AZN
16 January 2024	1 RUB = 0.0189 AZN
17 January 2024	1 RUB = 0.0193 AZN
18 January 2024	1 RUB = 0.0192 AZN
19 January 2024	1 RUB = 0.0192 AZN
22 January 2024	1 RUB = 0.0190 AZN
23 January 2024	1 RUB = 0.0193 AZN
24 January 2024	1 RUB = 0.0193 AZN
25 January 2024	1 RUB = 0.0192 AZN
26 January 2024	1 RUB = 0.0193 AZN
29 January 2024	1 RUB = 0.0193 AZN
30 January 2024	1 RUB = 0.0190 AZN
31 January 2024	1 RUB = 0.0189 AZN

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.