Currency.Wiki

1 Canadian Dollar to Azerbaijani Manat

Updated 7 minutes ago
Convert 1 CAD:AZN
 CAD =
    AZN
 Canadian Dollar =  Azerbaijani Manats
Trending: CA$ exchange rates for the last 24 hours
  • CAD/USD 0.730914 -0.01468639
  • CAD/EUR 0.683321 -0.00485520
  • CAD/JPY 115.553850 5.58648999
  • CAD/GBP 0.578369 -0.00807148
  • CAD/CHF 0.660786 0.01848229
  • CAD/MXN 12.542557 -0.29845294
  • CAD/INR 60.960019 -1.03914816
  • CAD/BRL 3.739575 0.04743673
  • CAD/CNY 5.295911 0.00319155

CAD/AZN exchange rate analysis over the past 90 days

Canadian Dollar to Azerbaijani Manat exchange rate: Over the last 90 days, the Canadian Dollar weakened by -2.01% against the Azerbaijani Manat, declining from man.1.2675 to man.1.2426 per Canadian Dollar. This trend reflects the evolving economic dynamics between the Canada and the Azerbaijan. Factors contributing to this weakening may include:

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

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

cad/azn Historical Chart

CA$
Canadian Dollar Currency

Country: Canada

Symbol: CA$

ISO Code: CAD

Bank: Bank of Canada

Interesting fact about Canadian Dollar

The Canadian Dollar (CAD), Canada's official currency, is administered by the Bank of Canada. Established in 1858, the CAD supplanted numerous colonial currencies. Renowned for its stability and reliability, it is a cornerstone of Canada's economic framework, facilitating international trade and investments.

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.

Quick Conversion Guide

Frequently Asked Questions

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The Canadian Dollar to Azerbaijani Manat 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 CAD to AZN is man.1.24.
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Yes, our site provides historical charts that show the trends and fluctuations in the Canadian Dollar to Azerbaijani Manat 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.