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IOTA to Azerbaijani Manat Converter and calculator

Convert 1IOTA (IOTA) to Azerbaijani Manat (AZN) equals ₼ 0.3971 | 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 IOTA(IOTA) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 IOTA at a value of 1 IOTA for 0.40 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 IOTA currency pair is the IOTA to AZN, with for IOTA's currency code being IOTA. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

IOTA to AZN conversion rate trend

1D7D1M3M1YAll
In the past 1D, IOTA has changed +12.02% to AZN. Based on the trend and price charts, IOTA(IOTA) has changed +12.02% to AZN while Azerbaijani Manat(AZN) has changed % to IOTA in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₼0.3971
0.0001% / 0.0004%vip-iconVIP
Binance
₼0.3947
0.1000% / 0.1000%
Yes
OKX
₼0.3949
0.080% / 0.100%
Yes
Huobi
₼0.4119
0.1000% / 0.1000%
Yes
Gate.io
₼0.3946
0.1000% / 0.1000%
Yes
KuCoin
₼0.3946
0.1000% / 0.1000%
Yes
Last updated 2024/05/21 04:00:24(UTC+0)

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

IOTA to Azerbaijani Manat is rising this week.
IOTA's current market price is ₼ 0.3971 per IOTA, with a total market cap of ₼ 1,297,742,613.41 AZN based on a circulating supply of 3,267,780,900 IOTA. The trading volume of IOTA has changed by +320.56% (₼ 66,206,941.12 AZN) in the last 24 hours. Last trading day, IOTA's trading volume was ₼ 20,653,705.83.
Market cap
$763.38M
24h volume
$51.09M
Circulating supply
3.27B IOTA

Conversion tables

The exchange rate of IOTA is decreasing.
1 IOTA is currently valued at ₼ 0.3971 AZN , which means buying 5 IOTA will cost ₼ 1.99 AZN . Similarly, ₼1 AZN can be traded for 2.52 IOTA, and ₼50 AZN can be converted to 125.9 IOTA, excluding any platform or gas fees.
The exchange rate of 1 IOTA to Azerbaijani Manat has changed by +12.41% in the last 7 days. In the last 24 hours, the rate has fluctuated by +12.02%, reaching a high of 0.4035 AZN and a low of 0.3481 AZN . One month ago, the value of 1 IOTA was ₼ 0.4122 AZN , which represents a -3.65% change from its current value. Over the last year, IOTA has changed by
+
0.09655AZN
, resulting in a change of +32.12% in its value.

IOTA to AZN

Amount
04:41 am today
0.5 IOTA
0.1986
1 IOTA
0.3971
5 IOTA
1.99
10 IOTA
3.97
50 IOTA
19.86
100 IOTA
39.71
500 IOTA
198.57
1000 IOTA
397.13

AZN to IOTA

Amount04:41 am today
0.5AZN1.26  IOTA
1AZN2.52  IOTA
5AZN12.59  IOTA
10AZN25.18  IOTA
50AZN125.9  IOTA
100AZN251.81  IOTA
500AZN1,259.03  IOTA
1000AZN2,518.05  IOTA
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Today vs. 24 hours ago

Amount04:41 am today24 hours ago24h change
0.5 IOTA$0.1168$0.1043
+12.02%
1 IOTA$0.2336$0.2085
+12.02%
5 IOTA$1.17$1.04
+12.02%
10 IOTA$2.34$2.09
+12.02%
50 IOTA$11.68$10.43
+12.02%
100 IOTA$23.36$20.85
+12.02%
500 IOTA$116.8$104.27
+12.02%
1000 IOTA$233.61$208.53
+12.02%

Today vs. 1 month ago

Amount04:41 am today1 month ago1M change
0.5 IOTA$0.1168$0.1212
-3.65%
1 IOTA$0.2336$0.2425
-3.65%
5 IOTA$1.17$1.21
-3.65%
10 IOTA$2.34$2.42
-3.65%
50 IOTA$11.68$12.12
-3.65%
100 IOTA$23.36$24.25
-3.65%
500 IOTA$116.8$121.23
-3.65%
1000 IOTA$233.61$242.45
-3.65%
Buy IOTA for 1 AZN
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Today vs. 1 year ago

Amount04:41 am today1 year ago1Y change
0.5 IOTA$0.1168$0.08841
+32.12%
1 IOTA$0.2336$0.1768
+32.12%
5 IOTA$1.17$0.8841
+32.12%
10 IOTA$2.34$1.77
+32.12%
50 IOTA$11.68$8.84
+32.12%
100 IOTA$23.36$17.68
+32.12%
500 IOTA$116.8$88.41
+32.12%
1000 IOTA$233.61$176.81
+32.12%

IOTA price prediction

What will the price of IOTA be in 2025?

Based on IOTA's historical price performance prediction model, the price of IOTA is projected to reach $0.3125 in 2025.

What will the price of IOTA be in 2030?

In 2030, the IOTA price is expected to rise by -10.00%. By the end of 2030, the IOTA price is projected to reach $0.4816, with a cumulative ROI of +106.17%.
Buy IOTA for 1 AZN
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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.