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AZN flagAzerbaijani Manat
(AZN) Insights

Oil and gas petrocurrency of South Caucasus; SOCAR (state oil company) dominates economy; BTC pipeline major FX earner; Southern Gas Corridor (Europe energy diversification); SOFAZ sovereign wealth fund

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AZNAzerbaijani Manat

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Currency Snapshot

Technical specifications, central bank governance, and market standing for Azerbaijani Manat.

ISO Code

AZN

Standardized ISO 4217 Currency Code

Symbol

₼

Unicode Glyphs & Display Symbol

Minor Unit

1/100 = Qəpik Decimals

Subdivision unit definition

Region

Azerbaijan

AZN Primary AreaGlobal Trade
Central Bank

Central Bank of Azerbaijan (CBA)

Central Bank of Azerbaijan (CBA)

Pegged Currency

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Market-determined exchange rate mechanism

Currency Standard: Fiat (managed against USD)

Classified as Fiat (managed against USD) in global trade networks

Banknotes

₼ 1

Coins

1q

Global Network Integration

The FX Intelligence terminal maps the institutional footprint of the Azerbaijani Manat, highlighting cross-border utilization and primary trading corridors.

Fiat (managed against USD)
Classification
USD/AZN
Top Pair Mapping
Azerbaijan
Main Adoption Regions
Azerbaijani Manat Trading Terminal

Verified Authority

Regulated data streams mapped to Central Bank of Azerbaijan (CBA).

Economic Intelligence

AZN Market Insights

Deep-dive analysis of the Azerbaijani Manat's global impact, remittance role, and institutional influence.

Strong Currency Impact

Strong Currency Impact

N/A (managed peg); effective: cheaper imports, lower oil revenues in manat

Weak Currency Impact

Weak Currency Impact

N/A (managed peg); higher oil revenues; import inflation; SOFAZ buffers shocks

Remittance Role

Remittance Role

Azerbaijan sends modest remittances; receives from Azerbaijani diaspora in Russia, Germany, USA

Central Bank Tools

Central Bank Tools

Policy Rate, FX interventions, SOFAZ coordination

Support & Resources

Common Questions About Azerbaijani Manat

Everything you need to know about AZN exchange rates, banknotes, and historical significance.

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