FYI to AZN Converter and calculator

Conversion rates
Convert FYI to AZN
Convert AZN to FYI
FYI to AZN chart
FYI to AZN conversion data: Volatility and price changes of Flagship by Virtuals in AZN
Last 24 hours | Last 7 days | Last 30 days | Last 90 days | |
---|---|---|---|---|
High | 0.01633 AZN | -- AZN | -- AZN | -- AZN |
Low | 0.01550 AZN | -- AZN | -- AZN | -- AZN |
Average | 0 AZN | 0 AZN | 0 AZN | 0 AZN |
Volatility | % | % | % | % |
Change | +0.02% | -- | -- | -- |
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Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
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Flagship by Virtuals information
FYI to AZN market statistics
Current FYI to AZN exchange rate
Flagship by Virtuals to Azerbaijani Manat is falling this week.More info about Flagship by Virtuals on Bitget
Azerbaijani Manat information
About Azerbaijani Manat (AZN)
Azerbaijan's official currency is the Manat (AZN), which is commonly abbreviated as AZN and represented by the symbol ₼. The Manat is comprised of 100 qəpik, which are smaller units of currency.
Historical Background
The original Azerbaijani Manat was first issued in 1919 but was replaced by the Soviet Ruble in 1923. The reintroduction of the Manat in 1992 was a significant step in post-Soviet Azerbaijan’s economic transformation. It signified the nation's departure from the Soviet economic system and was instrumental in laying the foundation for an independent monetary policy.
Design and Symbolism
The design of the Azerbaijani Manat incorporates elements that reflect Azerbaijan’s history, culture, and economic aspirations. Banknotes and coins feature prominent Azerbaijani figures, architectural landmarks, and symbols representing the country's rich cultural heritage and natural resources. These designs serve not only as a medium for financial transactions but also as reminders of the nation's unique identity and pride.
Economic Role
The Manat plays a central role in Azerbaijan’s economy, which is heavily influenced by oil and natural gas production. As the primary currency, it underpins the energy sector, which dominates the economy, and facilitates other key sectors like agriculture, manufacturing, and tourism. The stability of the Manat is crucial for the country's economic health and investor confidence.
Monetary Policy and Stability
Managed by the Central Bank of Azerbaijan, the Manat has experienced various challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency, control inflation, and foster a healthy economic environment conducive to growth and investment.
International Trade and the Azerbaijani Manat
In international trade, the stability of the Manat is crucial, particularly for Azerbaijan’s oil and gas exports. A stable Manat is vital for maintaining competitive prices in global markets and for managing the import of goods and services.
Remittances and Economic Impact
Remittances from Azerbaijanis living abroad, particularly in Russia, Turkey, and Europe, are a significant source of foreign income. These remittances, converted into Manats, support families and contribute to the national economy, providing a vital economic buffer.
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FYI to AZN Conversion tables
Amount | 22:15 today | 24 hours ago | 24h change |
---|---|---|---|
0.5 FYI | ₼0.007957 | ₼-- | +0.02% |
1 FYI | ₼0.01591 | ₼-- | +0.02% |
5 FYI | ₼0.07957 | ₼-- | +0.02% |
10 FYI | ₼0.1591 | ₼-- | +0.02% |
50 FYI | ₼0.7957 | ₼-- | +0.02% |
100 FYI | ₼1.59 | ₼-- | +0.02% |
500 FYI | ₼7.96 | ₼-- | +0.02% |
1000 FYI | ₼15.91 | ₼-- | +0.02% |
FYI to AZN FAQ
What factors influence the conversion rate of FYI to AZN?
Popular exchange rates — Crypto-to-Fiat converter
The price of Flagship by Virtuals in the US is $0.009361 USD. Additionally, Flagship by Virtuals’s price is €0.007996 EUR in the eurozone, £0.006915 GBP in the UK, C$0.01298 CAD in Canada, ₹0.8243 INR in India, ₨2.64 PKR in Pakistan, R$0.05061 BRL in Brazil, and more.
The most popular Flagship by Virtuals currency pair is the FYI to Azerbaijani Manat(AZN). The price of 1 Flagship by Virtuals (FYI) in Azerbaijani Manat (AZN) is ₼0.01591.
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