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Shiba Inu to Azerbaijani Manat Converter and calculator

Convert 1Shiba Inu (SHIB) to Azerbaijani Manat (AZN) equals ₼ 0.{4}3939 | 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 Shiba Inu(SHIB) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 SHIB at a value of 1 SHIB for 0.00 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 Shiba Inu currency pair is the SHIB to AZN, with for Shiba Inu's currency code being SHIB. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

SHIB to AZN conversion rate trend

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In the past 1D, Shiba Inu has changed +1.23% to AZN. Based on the trend and price charts, Shiba Inu(SHIB) has changed +1.23% to AZN while Azerbaijani Manat(AZN) has changed % to SHIB in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₼0.{4}3934
0.0001% / 0.0004%vip-iconVIP
Binance
₼0.{4}3932
0.1000% / 0.1000%
Yes
Coinbase Exchange
₼0.{4}3944
0.1000% / 0.1000%
Yes
Kraken
₼0.{4}3913
0.1000% / 0.1000%
Yes
OKX
₼0.{4}3932
0.080% / 0.100%
Yes
Huobi
₼0.{4}3934
0.1000% / 0.1000%
Yes
Gate.io
₼0.{4}3932
0.1000% / 0.1000%
Yes
Bybit
₼0.{4}3935
0.1000% / 0.1000%
Yes
KuCoin
₼0.{4}3934
0.1000% / 0.1000%
Yes
Bitfinex
₼0.{4}3932
0.1000% / 0.1000%
Yes
Last updated 2024/04/20 13:00:32(UTC+0)

What factors influence the conversion rate of Shiba Inu to Azerbaijani Manat?

Shiba Inu to Azerbaijani Manat is falling this week.
Shiba Inu's current market price is ₼ 0.{4}3939 per SHIB, with a total market cap of ₼ 23,214,444,076.67 AZN based on a circulating supply of 589,289,440,000,000 SHIB. The trading volume of Shiba Inu has changed by -35.42% (₼ -389,826,925.56 AZN) in the last 24 hours. Last trading day, SHIB's trading volume was ₼ 1,100,574,883.77.
Market cap
$13.66B
24h volume
$418.09M
Circulating supply
589.29T SHIB

Conversion tables

The exchange rate of Shiba Inu is decreasing.
1 SHIB is currently valued at ₼ 0.{4}3939 AZN , which means buying 5 SHIB will cost ₼ 0.0001970 AZN . Similarly, ₼1 AZN can be traded for 25,384.6 SHIB, and ₼50 AZN can be converted to 1,269,229.98 SHIB, excluding any platform or gas fees.
The exchange rate of 1 SHIB to Azerbaijani Manat has changed by -6.15% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.23%, reaching a high of 0.{4}3955 AZN and a low of 0.{4}3812 AZN . One month ago, the value of 1 SHIB was ₼ 0.{4}4634 AZN , which represents a -14.99% change from its current value. Over the last year, Shiba Inu has changed by
+
0.{4}2138AZN
, resulting in a change of +118.68% in its value.

SHIB to AZN

Amount
13:11 today
0.5 SHIB
0.{4}1970
1 SHIB
0.{4}3939
5 SHIB
0.0001970
10 SHIB
0.0003939
50 SHIB
0.001970
100 SHIB
0.003939
500 SHIB
0.01970
1000 SHIB
0.03939

AZN to SHIB

Amount13:11 today
0.5AZN12,692.3  SHIB
1AZN25,384.6  SHIB
5AZN126,923  SHIB
10AZN253,846  SHIB
50AZN1,269,229.98  SHIB
100AZN2,538,459.95  SHIB
500AZN12,692,299.76  SHIB
1000AZN25,384,599.53  SHIB
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Today vs. 24 hours ago

Amount13:11 today24 hours ago24h change
0.5 SHIB$0.{4}1159$0.{4}1145
+1.23%
1 SHIB$0.{4}2317$0.{4}2289
+1.23%
5 SHIB$0.0001159$0.0001145
+1.23%
10 SHIB$0.0002317$0.0002289
+1.23%
50 SHIB$0.001159$0.001145
+1.23%
100 SHIB$0.002317$0.002289
+1.23%
500 SHIB$0.01159$0.01145
+1.23%
1000 SHIB$0.02317$0.02289
+1.23%

Today vs. 1 month ago

Amount13:11 today1 month ago1M change
0.5 SHIB$0.{4}1159$0.{4}1363
-14.99%
1 SHIB$0.{4}2317$0.{4}2726
-14.99%
5 SHIB$0.0001159$0.0001363
-14.99%
10 SHIB$0.0002317$0.0002726
-14.99%
50 SHIB$0.001159$0.001363
-14.99%
100 SHIB$0.002317$0.002726
-14.99%
500 SHIB$0.01159$0.01363
-14.99%
1000 SHIB$0.02317$0.02726
-14.99%

Today vs. 1 year ago

Amount13:11 today1 year ago1Y change
0.5 SHIB$0.{4}1159$0.{5}5299
+118.68%
1 SHIB$0.{4}2317$0.{4}1060
+118.68%
5 SHIB$0.0001159$0.{4}5299
+118.68%
10 SHIB$0.0002317$0.0001060
+118.68%
50 SHIB$0.001159$0.0005299
+118.68%
100 SHIB$0.002317$0.001060
+118.68%
500 SHIB$0.01159$0.005299
+118.68%
1000 SHIB$0.02317$0.01060
+118.68%

FAQ

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.