Historic Arab Emirates Dirham Azerbaijani manat

Arab Emirates Dirham azerbaijani manat history for February 2024. The highest quote for this month is 0.46275 (28/02/2024) and the lowest 0.46284 (09/02/2024). The difference between high and low is -0.02.

AED AZN average rate for February 2024 is 0.46281, the change between 01/02/2024 and 29/02/2024 is 0 %.

01 February 20241 AED = 0.4628 AZN
02 February 20241 AED = 0.4628 AZN
05 February 20241 AED = 0.4628 AZN
06 February 20241 AED = 0.4628 AZN
07 February 20241 AED = 0.4628 AZN
08 February 20241 AED = 0.4628 AZN
09 February 20241 AED = 0.4628 AZN
12 February 20241 AED = 0.4628 AZN
13 February 20241 AED = 0.4628 AZN
14 February 20241 AED = 0.4628 AZN
15 February 20241 AED = 0.4628 AZN
16 February 20241 AED = 0.4628 AZN
19 February 20241 AED = 0.4628 AZN
20 February 20241 AED = 0.4628 AZN
21 February 20241 AED = 0.4627 AZN
22 February 20241 AED = 0.4628 AZN
23 February 20241 AED = 0.4627 AZN
26 February 20241 AED = 0.4628 AZN
27 February 20241 AED = 0.4628 AZN
28 February 20241 AED = 0.4628 AZN
29 February 20241 AED = 0.4628 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.

17/06/2018: Introduction of New Banknotes

A new series of UAE dirham banknotes, featuring enhanced durability, 3D security features, and tactile marks for visually impaired individuals, is introduced.

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.

01/01/2007: Security Enhancements

New security features, including holograms and advanced anti-counterfeiting measures, are added to the UAE dirham banknotes.

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.

01/12/2002: Introduction of Modern Coinage

A new series of UAE dirham coins, featuring modern designs and security features, is introduced.

14/06/2001: Currency Reform

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

20/03/1995: Currency Peg to US Dollar

The UAE dirham is pegged to the United States dollar at a fixed exchange rate of 1 USD to 3.6725 AED.

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.

01/01/1978: Currency Issuance Authority

The UAE Currency Issuing Authority is established, granting the authority to issue and manage the UAE dirham.

28/01/1973: Decoupling from Pound Sterling

The UAE dirham is officially decoupled from the British pound sterling and a new exchange rate is set.

02/12/1971: Formation of UAE

The United Arab Emirates is formed, resulting in the introduction of the UAE dirham as its official currency.
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