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EGO to Azerbaijani Manat Converter and calculator

Convert 1EGO (EGO) to Azerbaijani Manat (AZN) equals ₼ 0.05628 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of EGO(EGO) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 EGO at a value of 1 EGO for 0.06 AZN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.

AZN 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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Bitget crypto-to-fiat exchange data shows that the most popular EGO currency pair is the EGO to AZN, with for EGO's currency code being EGO. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

EGO to AZN conversion rate trend

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In the past 1D, EGO has changed -4.32% to AZN. Based on the trend and price charts, EGO(EGO) has changed -4.32% to AZN while Azerbaijani Manat(AZN) has changed % to EGO in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₼0.05627
0.0001% / 0.0004%vip-iconVIP
Bybit
₼0.05630
0.1000% / 0.1000%
Yes
KuCoin
₼0.05622
0.1000% / 0.1000%
Yes
Last updated 2024/05/19 02:00:19(UTC+0)

How to buy EGO

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Buy EGO (EGO)
Use a variety of payment options to buy EGO on Bitget. We'll show you how.

What factors influence the conversion rate of EGO to Azerbaijani Manat?

EGO to Azerbaijani Manat is falling this week.
EGO's current market price is ₼ 0.05628 per EGO, with a total market cap of ₼ 3,186,129.61 AZN based on a circulating supply of 56,608,820 EGO. The trading volume of EGO has changed by +19.93% (₼ 285,356.08 AZN) in the last 24 hours. Last trading day, EGO's trading volume was ₼ 1,431,446.91.
Market cap
$1.87M
24h volume
$1.01M
Circulating supply
56.61M EGO

Conversion tables

The exchange rate of EGO is decreasing.
1 EGO is currently valued at ₼ 0.05628 AZN , which means buying 5 EGO will cost ₼ 0.2814 AZN . Similarly, ₼1 AZN can be traded for 17.77 EGO, and ₼50 AZN can be converted to 888.36 EGO, excluding any platform or gas fees.
The exchange rate of 1 EGO to Azerbaijani Manat has changed by -16.33% in the last 7 days. In the last 24 hours, the rate has fluctuated by -4.32%, reaching a high of 0.05880 AZN and a low of 0.05595 AZN . One month ago, the value of 1 EGO was ₼ 0.09870 AZN , which represents a -42.98% change from its current value. Over the last year, EGO has changed by
+
0.05627AZN
, resulting in a change of --% in its value.

EGO to AZN

Amount
02:19 am today
0.5 EGO
0.02814
1 EGO
0.05628
5 EGO
0.2814
10 EGO
0.5628
50 EGO
2.81
100 EGO
5.63
500 EGO
28.14
1000 EGO
56.28

AZN to EGO

Amount02:19 am today
0.5AZN8.88  EGO
1AZN17.77  EGO
5AZN88.84  EGO
10AZN177.67  EGO
50AZN888.36  EGO
100AZN1,776.73  EGO
500AZN8,883.63  EGO
1000AZN17,767.27  EGO
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Today vs. 24 hours ago

Amount02:19 am today24 hours ago24h change
0.5 EGO$0.01655$0.01730
-4.32%
1 EGO$0.03311$0.03460
-4.32%
5 EGO$0.1655$0.1730
-4.32%
10 EGO$0.3311$0.3460
-4.32%
50 EGO$1.66$1.73
-4.32%
100 EGO$3.31$3.46
-4.32%
500 EGO$16.55$17.3
-4.32%
1000 EGO$33.11$34.6
-4.32%

Today vs. 1 month ago

Amount02:19 am today1 month ago1M change
0.5 EGO$0.01655$0.02903
-42.98%
1 EGO$0.03311$0.05806
-42.98%
5 EGO$0.1655$0.2903
-42.98%
10 EGO$0.3311$0.5806
-42.98%
50 EGO$1.66$2.9
-42.98%
100 EGO$3.31$5.81
-42.98%
500 EGO$16.55$29.03
-42.98%
1000 EGO$33.11$58.06
-42.98%
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Today vs. 1 year ago

Amount02:19 am today1 year ago1Y change
0.5 EGO$0.01655$0.{5}3159
--
1 EGO$0.03311$0.{5}6318
--
5 EGO$0.1655$0.{4}3159
--
10 EGO$0.3311$0.{4}6318
--
50 EGO$1.66$0.0003159
--
100 EGO$3.31$0.0006318
--
500 EGO$16.55$0.003159
--
1000 EGO$33.11$0.006318
--

EGO price prediction

What will the price of EGO be in 2025?

Based on EGO's historical price performance prediction model, the price of EGO is projected to reach $0.04215 in 2025.

What will the price of EGO be in 2030?

In 2030, the EGO price is expected to rise by -19.00%. By the end of 2030, the EGO price is projected to reach $0.06142, with a cumulative ROI of +85.52%.
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This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.