Azerbaijani Manat Currency Converter

The manat (code: AZN ; symbol: ₼ or m) is the currency of Azerbaijan. It is subdivided into 100 qəpik. The first iteration of the currency happened in the times of the Azerbaijan Democratic Republic and its successor, the Azerbaijani 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 rouble. In Soviet times, the common currency of the USSR was known as manat in Azeri language. When Azerbaijan gained independence from the Soviet Union, it substituted the Soviet rouble 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 were substituted with the new currency, which bears some resemblance to the euro. The currency has mostly been pegged to the United States dollar, at what is now the rate of 1.70₼ to US$1. The Azerbaijani manat symbol, ₼ ( ), was assigned to Unicode U+20BC 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 currency converter. This page provides a free online information about currency conversion or exchange rates for world fiat currencies. Exchange rates for Azerbaijani Manat is calculated from mid-market real price and updates daily. Usually people search for AZN exchange rate before business travel to Azerbaijan, or during trip to other countries and want to check rate of Azerbaijani Manat in local money. On this page you can convert Azerbaijani Manat to main foreign currencies, get fast access to most used amounts of AZN or aether calculate any amount of Azerbaijani Manat in other fiat money.