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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).

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

Common Questions About Azerbaijani Manat

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

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