From Friction to Flow: How Aniday Scaled Global Payments with Instarem
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The Azerbaijan Manat (AZN) is the currency of Azerbaijan, introduced in 1992 following the country’s independence from the Soviet Union. The manat underwent revaluation in 2006, replacing the old manat at a rate of 5,000:1. Issued by the Central Bank of Azerbaijan, it plays a crucial role in the country’s oil-driven economy. The currency is available in both banknotes and coins and has been relatively stable, with exchange rates influenced by global oil prices and economic policies.
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Last updated: Exchange rates here are informational, reflecting mid-market rates which fluctuate regularly. For an estimation of the rates offered by Instarem, please check our currency conversion calculator at the time of transfer.

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