Historic Taiwan dollar Azerbaijani manat

Taiwan dollar azerbaijani manat history for January 2024. The highest quote for this month is 0.054657 (05/01/2024) and the lowest 0.05532 (09/01/2024). The difference between high and low is -1.21.

TWD AZN average rate for January 2024 is 0.05445, the change between 01/01/2024 and 31/01/2024 is +0.34 %.

05 January 20241 TWD = 0.0547 AZN
08 January 20241 TWD = 0.0549 AZN
09 January 20241 TWD = 0.0553 AZN
10 January 20241 TWD = 0.0547 AZN
11 January 20241 TWD = 0.0546 AZN
12 January 20241 TWD = 0.0550 AZN
15 January 20241 TWD = 0.0547 AZN
16 January 20241 TWD = 0.0545 AZN
17 January 20241 TWD = 0.0540 AZN
18 January 20241 TWD = 0.0539 AZN
19 January 20241 TWD = 0.0538 AZN
22 January 20241 TWD = 0.0542 AZN
23 January 20241 TWD = 0.0542 AZN
24 January 20241 TWD = 0.0541 AZN
25 January 20241 TWD = 0.0543 AZN
26 January 20241 TWD = 0.0543 AZN
29 January 20241 TWD = 0.0543 AZN
30 January 20241 TWD = 0.0545 AZN
31 January 20241 TWD = 0.0545 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.

01/01/2005: New Taiwan dollar banknotes issued

New designs for Taiwan dollar banknotes are issued, featuring innovative security features and updated aesthetics to combat counterfeiting and improve the currency's image.

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.

30/04/1991: Foreign Exchange Control Act revised

Taiwan relaxes its foreign exchange controls, allowing more flexibility in the trading of the Taiwan dollar and promoting financial globalization.

15/07/1987: Lifting of martial law

The martial law, which had been in place in Taiwan since 1949, is lifted, marking a significant milestone towards the democratization and liberalization of the country.

16/12/1971: Taiwan's expulsion from the UN

The United Nations General Assembly recognizes the People's Republic of China as the legitimate representative of China, leading to Taiwan's expulsion from the UN and international isolation.

03/03/1952: TWD pegged to the US Dollar

The Taiwan dollar is pegged to the US Dollar at a fixed exchange rate of 32 TWD to 1 USD, stabilizing its value and promoting economic growth.

10/12/1949: Chinese Civil War ends

The Chinese Communist Party establishes the People's Republic of China on the mainland, leading to the Nationalist government's retreat to Taiwan, taking the Taiwan dollar with them.

25/10/1945: Taiwan is restored to the Republic of China

After the end of World War II, Taiwan is returned to the Republic of China from Japan, and the Taiwan dollar becomes the official currency.