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Maker to Azerbaijani Manat Converter and calculator

Convert 1Maker (MKR) to Azerbaijani Manat (AZN) equals ₼ 5,107.96 | Bitget

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 Maker currency pair is the MKR to AZN, with for Maker's currency code being MKR. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

MKR to AZN conversion rate trend

In the past 1D, Maker has changed +14.01% to AZN. Based on the trend and price charts, Maker(MKR) has changed +14.01% to AZN while Azerbaijani Manat(AZN) has changed % to MKR in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
0.0001% / 0.0004%vip-iconVIP
0.1000% / 0.1000%
0.080% / 0.100%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
0.1000% / 0.1000%
Last updated 2024/04/14 20:00:33(UTC+0)

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

Maker to Azerbaijani Manat is falling this week.
Maker's current market price is ₼ 5,107.96 per MKR, with a total market cap of ₼ 4,723,377,536.59 AZN based on a circulating supply of 924,709.7 MKR. The trading volume of Maker has changed by +30.45% (₼ 73,024,563.41 AZN) in the last 24 hours. Last trading day, MKR's trading volume was ₼ 239,818,729.82.
Market cap
24h volume
Circulating supply
924.71K MKR

Conversion tables

The exchange rate of Maker is increasing.
1 MKR is currently valued at ₼ 5,107.96 AZN , which means buying 5 MKR will cost ₼ 25,539.79 AZN . Similarly, ₼1 AZN can be traded for 0.0001958 MKR, and ₼50 AZN can be converted to 0.009789 MKR, excluding any platform or gas fees.
The exchange rate of 1 MKR to Azerbaijani Manat has changed by -17.03% in the last 7 days. In the last 24 hours, the rate has fluctuated by +14.01%, reaching a high of 5,122.23 AZN and a low of 4,277.65 AZN . One month ago, the value of 1 MKR was ₼ 4,588.28 AZN , which represents a +11.33% change from its current value. Over the last year, Maker has changed by
, resulting in a change of +288.72% in its value.


20:39 today
0.5 MKR
10 MKR
50 MKR
100 MKR
500 MKR
1000 MKR


Amount20:39 today
0.5AZN0.{4}9789  MKR
1AZN0.0001958  MKR
5AZN0.0009789  MKR
10AZN0.001958  MKR
50AZN0.009789  MKR
100AZN0.01958  MKR
500AZN0.09789  MKR
1000AZN0.1958  MKR

Today vs. 24 hours ago

Amount20:39 today24 hours ago24h change
0.5 MKR$1,497.67$1,313.66
1 MKR$2,995.34$2,627.32
5 MKR$14,976.71$13,136.58
10 MKR$29,953.42$26,273.17
50 MKR$149,767.11$131,365.85
100 MKR$299,534.23$262,731.7
500 MKR$1,497,671.15$1,313,658.5
1000 MKR$2,995,342.3$2,627,317

Today vs. 1 month ago

Amount20:39 today1 month ago1M change
0.5 MKR$1,497.67$1,345.3
1 MKR$2,995.34$2,690.6
5 MKR$14,976.71$13,453.01
10 MKR$29,953.42$26,906.02
50 MKR$149,767.11$134,530.08
100 MKR$299,534.23$269,060.16
500 MKR$1,497,671.15$1,345,300.8
1000 MKR$2,995,342.3$2,690,601.6

Today vs. 1 year ago

Amount20:39 today1 year ago1Y change
0.5 MKR$1,497.67$385.28
1 MKR$2,995.34$770.56
5 MKR$14,976.71$3,852.79
10 MKR$29,953.42$7,705.58
50 MKR$149,767.11$38,527.9
100 MKR$299,534.23$77,055.81
500 MKR$1,497,671.15$385,279.05
1000 MKR$2,995,342.3$770,558.1


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