Currency.Wiki

1 Azerbaijani Manat to Euro

Updated 4 minutes ago
Convert 1 AZN:EUR
 AZN =
    EUR
 Azerbaijani Manat =  Euros
Trending: man. exchange rates for the last 24 hours
  • AZN/USD 0.588235 0.00000000
  • AZN/EUR 0.545275 -0.00081000
  • AZN/JPY 91.632353 3.74518714
  • AZN/GBP 0.471550 0.00569000
  • AZN/CHF 0.535351 0.02013000
  • AZN/MXN 9.870824 -0.17058471
  • AZN/INR 49.145088 0.32717824
  • AZN/BRL 3.033412 0.11947059
  • AZN/CNY 4.251000 0.01970588

AZN/EUR exchange rate analysis over the past 90 days

Azerbaijani Manat to Euro exchange rate: Over the last 90 days, the Azerbaijani Manat weakened by -0.15% against the Euro, declining from €0.5461 to €0.5453 per Azerbaijani Manat. This trend reflects the evolving economic dynamics between the Azerbaijan and the European Union. Factors contributing to this weakening may include:

  • Trade Imbalances: Disparities in trade and investment between Azerbaijan and European Union.
  • Regulatory Decisions: Policies or regulations affecting currency exchange or trade balance between Azerbaijan and European Union.
  • Economic Challenges: Factors such as GDP contraction, rising unemployment, or increased inflation in the Azerbaijan or European Union.
  • Global Pressures: External economic or geopolitical events that may unfavorably impact the Azerbaijan relative to the European Union.

The foreign exchange market operates continuously, with currency values being influenced by a myriad of global economic, political, and financial occurrences.

azn/eur Historical Chart

man.
Azerbaijani Manat Currency

Country: Azerbaijan

Symbol: man.

ISO Code: AZN

Bank: Central Bank of Azerbaijan

Interesting fact about Azerbaijani Manat

The Azerbaijani Manat (AZN) is the official currency of Azerbaijan. It was introduced in 1992 as a replacement for the Soviet ruble, following Azerbaijan's independence. The manat has undergone several devaluations due to economic challenges. It is a significant symbol of Azerbaijan's sovereignty and plays a vital role in the country's economy, trade, and daily transactions.

Euro Currency

Country: European Union

Symbol:

ISO Code: EUR

Bank: European Central Bank

Interesting fact about Euro

The Euro (EUR) is the official currency of the European Union (EU). It was introduced in 1999 as an electronic currency and became physical in 2002. The Euro is used by 19 of the 27 EU member states, promoting economic integration, trade, and stability within the Eurozone. It is an important symbol of European unity and facilitates cross-border transactions, making it a key currency globally.

Quick Conversion Guide

Frequently Asked Questions

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The Azerbaijani Manat to Euro exchange rate is influenced by a variety of factors including economic data, political events, central bank decisions, market sentiment, and global financial news.
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Today conversion rate from 1 AZN to EUR is €0.55.
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Yes, our site provides historical charts that show the trends and fluctuations in the Azerbaijani Manat to Euro exchange rate over different time periods.
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While it's impossible to predict rates with certainty, staying informed about market trends and economic forecasts can help you make educated guesses.
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The exchange rate can fluctuate frequently due to the forex market's high volatility. It can change multiple times within a single day.