Convert Azerbaijani Manat to New Zealand Dollar
Please provide values below to convert Azerbaijani Manat [AZN] to New Zealand Dollar [NZD], or Convert New Zealand Dollar to Azerbaijani Manat.
How to Convert Azerbaijani Manat to New Zealand Dollar
1 AZN = 1.01887357699221 NZD
Example: convert 15 AZN to NZD:
15 AZN = 15 × 1.01887357699221 NZD = 15.2831036548832 NZD
Azerbaijani Manat to New Zealand Dollar Conversion Table
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Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.
New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.