Historic Singapore dollar Azerbaijani manat

Singapore dollar azerbaijani manat history for February 2024. The highest quote for this month is 1.2666 (01/02/2024) and the lowest 1.2733 (02/02/2024). The difference between high and low is -0.53.

SGD AZN average rate for February 2024 is 1.26404, the change between 01/02/2024 and 29/02/2024 is +0.41 %.

01 February 20241 SGD = 1.268 AZN
02 February 20241 SGD = 1.272 AZN
05 February 20241 SGD = 1.265 AZN
06 February 20241 SGD = 1.262 AZN
07 February 20241 SGD = 1.265 AZN
08 February 20241 SGD = 1.265 AZN
09 February 20241 SGD = 1.262 AZN
12 February 20241 SGD = 1.263 AZN
13 February 20241 SGD = 1.264 AZN
14 February 20241 SGD = 1.258 AZN
15 February 20241 SGD = 1.261 AZN
16 February 20241 SGD = 1.263 AZN
19 February 20241 SGD = 1.263 AZN
20 February 20241 SGD = 1.262 AZN
21 February 20241 SGD = 1.265 AZN
22 February 20241 SGD = 1.265 AZN
23 February 20241 SGD = 1.266 AZN
26 February 20241 SGD = 1.265 AZN
27 February 20241 SGD = 1.264 AZN
28 February 20241 SGD = 1.265 AZN
29 February 20241 SGD = 1.263 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.

30/03/2020: SGD in COVID-19 Pandemic

The SGD faces volatility and fluctuations in value due to the economic impact of the COVID-19 pandemic.

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.

13/10/2016: Celebrating 50 Years of Currency

Singapore commemorates 50 years of Singapore currency, showcasing the success and stability of the SGD.

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.

21/07/2003: Currency Interchangeability Agreement with Brunei

The SGD and Brunei dollar become interchangeable at par value, enhancing economic cooperation between the two countries.

14/06/2001: Currency Reform

A currency reform was implemented, resulting in a new manat with a higher exchange rate.

02/01/2001: Floatation of SGD

Singapore allows the SGD to float freely against other currencies, abandoning the exchange rate peg and adopting a managed float system.

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.

01/03/1973: Pegging to a Basket of Currencies

The SGD is pegged to a basket of currencies, leading to increased stability and reduced reliance on a single currency.

12/06/1967: Monetary Agreement with Malaysia

Singapore withdrew from the Malaysian dollar and issued its own currency.

12/06/1965: Independence of Singapore

The Singapore dollar (SGD) is introduced as the official currency upon Singapore's separation from Malaysia.
SGD AZN January 2024
SGD AZN February 2024
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SGD AZN January 2025