Azerbaijani Manat (AZN)
a.k.a. AZN, Manat
The official currency of Azerbaijan, code AZN, an oil-linked currency held at a stable level against the…
In plain English
The official currency of Azerbaijan, code AZN, an oil-linked currency held at a stable level against the US dollar.
The Azerbaijani manat (AZN) depends on oil and gas exports. After the oil price crash of 2014–2015 it was devalued sharply, and it has since been kept very steady against the dollar by the central bank.
It is an exotic with little speculative trading.
Keep this word for good
Your free Private Swap Lounge saves the terms you’ve learned and quizzes you on them. Portal under construction. Expected delivery date is December 01, 2026.