Russian ruble azerbaijani manat history for March 2024. The highest quote for this month is 0.018715 (06/03/2024) and the lowest 0.018925 (12/03/2024). The difference between high and low is -1.12.
RUB AZN average rate for March 2024 is 0.01862, the change between 01/03/2024 and 31/03/2024 is -0.62 %.
| 01 March 2024 | 1 RUB = 0.0186 AZN |
| 04 March 2024 | 1 RUB = 0.0186 AZN |
| 05 March 2024 | 1 RUB = 0.0186 AZN |
| 06 March 2024 | 1 RUB = 0.0186 AZN |
| 07 March 2024 | 1 RUB = 0.0187 AZN |
| 11 March 2024 | 1 RUB = 0.0187 AZN |
| 12 March 2024 | 1 RUB = 0.0187 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.