Azerbaijani Manat Currency Converter

The manat (ISO code: AZN; sign: ₼; abbreviation: m) is the currency of Azerbaijan. It is subdivided into 100 gapiks. The first iteration of the currency happened in the times of the Azerbaijan Democratic Republic and its successor, the Azerbaijan Soviet Socialist Republic, with the issues happening in 1919–1923. The currency underwent hyperinflation, and was eventually substituted by the Transcaucasian ruble, which, in its turn, was converted to the Soviet ruble. In Soviet times, the common currency of the Soviet Union was known as manat in the Azeri language. When Azerbaijan gained independence from the Soviet Union, it substituted the Soviet ruble with the manat, which also went through a period of high inflation in the first years, rendering the coinage obsolete. The current manat in circulation exists since the denomination in 2006, when 5,000 old manat (AZM) were substituted with the new currency. The currency has mostly been pegged to the US dollar, at what is now the rate of ₼1.70 to US$1. The Azerbaijani manat symbol was added to Unicode as U+20BC ₼ MANAT SIGN in 2013. A lowercase m was used previously, and may still be encountered when the manat symbol is unavailable. With currencyconverts.com, you can convert Azerbaijani Manat (₼) to any other foreign currency. To convert a certain amount of Azerbaijani Manat, use the currency converter. This page provides free online information about currency conversion or exchange rates for world fiat currencies. The exchange rate for Azerbaijani Manat is calculated from the mid-market real price and updates daily. Usually, people search for the AZN exchange rate before business travel to Azerbaijan or during a trip to other countries, and want to check the rate of Azerbaijani Manat in local money. On this page, you can convert Azerbaijani Manat to main foreign currencies, get fast access to the most commonly used amounts of AZN, or alternatively calculate any amount of Azerbaijani Manat in other fiat money.