Swiss franc azerbaijani manat exchange rate history (CHF AZN) December 2023

Swiss franc azerbaijani manat history for December 2023. The highest quote for this month is 2.0172 (28/12/2023) and the lowest 2.0402 (28/12/2023). The difference between high and low is -1.14.

CHF AZN average rate for December 2023 is 1.96366, the change between 01/12/2023 and 31/12/2023 is -3.72 %.

01 December 2023	1 CHF = 1.943 AZN
04 December 2023	1 CHF = 1.958 AZN
05 December 2023	1 CHF = 1.948 AZN
06 December 2023	1 CHF = 1.942 AZN
07 December 2023	1 CHF = 1.943 AZN
08 December 2023	1 CHF = 1.941 AZN
11 December 2023	1 CHF = 1.932 AZN
12 December 2023	1 CHF = 1.935 AZN
13 December 2023	1 CHF = 1.942 AZN
14 December 2023	1 CHF = 1.951 AZN
15 December 2023	1 CHF = 1.960 AZN
18 December 2023	1 CHF = 1.952 AZN
19 December 2023	1 CHF = 1.960 AZN
20 December 2023	1 CHF = 1.976 AZN
21 December 2023	1 CHF = 1.971 AZN
22 December 2023	1 CHF = 1.985 AZN
25 December 2023	1 CHF = 1.988 AZN
26 December 2023	1 CHF = 1.986 AZN
27 December 2023	1 CHF = 1.991 AZN
28 December 2023	1 CHF = 2.018 AZN
29 December 2023	1 CHF = 2.015 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.

15/01/2015: Removal of Minimum Exchange Rate

The Swiss National Bank unexpectedly abandoned the minimum exchange rate, causing the Swiss franc (CHF) to surge in value.

06/09/2011: Implementation of Minimum Exchange Rate

The Swiss National Bank imposed a minimum exchange rate pegging the Swiss franc (CHF) to the Euro to prevent excessive appreciation.

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.

13/09/1999: Introduction of Euro

Switzerland decided not to join the Eurozone and maintain the Swiss franc (CHF) as its official currency.

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.

08/05/1973: Floatation of Swiss Franc

Switzerland abandoned the fixed exchange rate system, allowing the Swiss franc (CHF) to float freely against other currencies.

01/05/1936: Introduction of Swiss National Bank

The Swiss National Bank was established as the central bank responsible for issuing and managing the Swiss franc (CHF).

24/11/1907: Gold Standard Referendum

Switzerland voted to adopt the gold standard, making the Swiss franc (CHF) fully convertible into gold.

06/06/1850: Currency Act of 1850

The Swiss franc (CHF) was introduced as the official currency of Switzerland.

Historic Swiss franc Azerbaijani manat