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FPIS to AZN Converter and calculator

FPIS/AZN: 1 FPIS = 0.8605 AZN. The price of converting 1 Frax Price Index Share (FPIS) to Azerbaijani Manat (AZN) is 0.8605 AZN today.
FPIS
FPIS
AZN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides FPIS to AZN real-time exchange rates, making it easy to convert Frax Price Index Share (FPIS) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 FPIS is currently valued at 0.86 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FPIS is currently valued at 0.86 AZN, which means buying 5 FPIS would cost 4.30 AZN. Similarly, ₼1 AZN can be converted to 1.16 FPIS, and ₼50 AZN can be converted to 5.81 FPIS, excluding any platform or gas fees.

Convert FPIS to AZN

Convert AZN to FPIS

Frax Price Index Share
Azerbaijani Manat
1000 FPIS
860.49  AZN
5000 FPIS
4,302.46  AZN
10000 FPIS
8,604.91  AZN
In the table above, you'll find a comprehensive FPIS to AZN converter that shows the value of Frax Price Index Share in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 FPIS to AZN, all the way up to 10000 FPIS, providing a clear view of their respective values.
Azerbaijani Manat
Frax Price Index Share
10000 AZN
11,621.27 FPIS
50000 AZN
58,106.33 FPIS
100000 AZN
116,212.67 FPIS
In the table above, you'll find a comprehensive AZN to FPIS converter that shows the value of Azerbaijani Manat in Frax Price Index Share across commonly used conversion amounts. The list covers conversions from 1 AZN to FPIS, all the way up to 100000 AZN, providing a clear view of their respective values.

FPIS to AZN chart

FPIS/AZN: 1 FPIS = 0.8605 AZN; 2025/04/29 15:37:38
In the past 1D, Frax Price Index Share has changed -0.71% to AZN. Based on the trend and price charts, Frax Price Index Share(FPIS) has changed -0.71% to AZN while Azerbaijani Manat(AZN) has changed % to FPIS in the last 24 hours.
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FPIS to AZN conversion data: Volatility and price changes of Frax Price Index Share in AZN

The highest Frax Price Index Share price in AZN over the past 7 days was 0.9036 AZN while the lowest Frax Price Index Share price in AZN over the past 7 days was 0.7372 AZN. The relative change between the highs and lows in Frax Price Index Share price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and FPIS to AZN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.8682 AZN
0.9036 AZN
0.9036 AZN
1.19 AZN
Low
0.8603 AZN
0.7372 AZN
0.5463 AZN
0.5463 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
-0.71%
+18.72%
+12.82%
-33.18%

Frax Price Index Share information

FPIS to AZN market statistics

FPIS/AZN:
₼0.8605
FPIS 24h volume:
--
FPIS market cap:
--
FPIS circulating supply:
0 FPIS

Current FPIS to AZN exchange rate

Frax Price Index Share to Azerbaijani Manat is rising this week.
Frax Price Index Share's current market price is ₼0.8605 per FPIS, with a total market cap of ₼0 AZN based on a circulating supply of -- FPIS. The trading volume of Frax Price Index Share has changed by 0.00% (₼0 AZN) in the last 24 hours. Last trading day, FPIS's trading volume was ₼0.

More info about Frax Price Index Share on Bitget

Azerbaijani Manat 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.

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

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How to convert FPIS to AZN

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FPIS to AZN Conversion tables

The exchange rate of Frax Price Index Share is increasing.
The exchange rate of 1 FPIS to Azerbaijani Manat has changed by +18.72% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.71%, reaching a high of 0.8682 AZN and a low of 0.8603 AZN . One month ago, the value of 1 FPIS was ₼0.7627 AZN , which represents a +12.82% change from its current value. Over the last year, Frax Price Index Share has changed by
-
0.8980AZN
, resulting in a change of -51.07% in its value.
24 hours ago1 month ago1 year ago
Amount15:37 today24 hours ago24h change
0.5 FPIS₼0.4302₼0.4333
-0.71%
1 FPIS₼0.8605₼0.8667
-0.71%
5 FPIS₼4.3₼4.33
-0.71%
10 FPIS₼8.6₼8.67
-0.71%
50 FPIS₼43.02₼43.33
-0.71%
100 FPIS₼86.05₼86.67
-0.71%
500 FPIS₼430.25₼433.33
-0.71%
1000 FPIS₼860.49₼866.65
-0.71%

FPIS to AZN FAQ

How much is 1 Frax Price Index Share in AZN?
Right now, the price of 1 Frax Price Index Share (FPIS) in Azerbaijani Manat (AZN) is ₼0.8605.
How much FPIS can I buy for 1 AZN?
Based on the current exchange rate, you can get 1.16 FPIS for 1 AZN.
How do I calculate or convert FPIS to AZN?
You can use our FPIS to AZN calculator at the top of this page to convert any amount of FPIS to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 5.81 FPIS, while 5 FPIS will cost around 4.3AZN.
What is the highest price of FPIS/AZN in history?
The all-time high price of 1 FPIS in AZN is ₼24.14. It remains to be seen if the value of 1 FPIS/AZN will exceed the current all-time high.
What is the price trend of Frax Price Index Share in AZN?
Over the past 7 days, the exchange rate of Frax Price Index Share (FPIS) has gone up by 18.72%.   Over the last month, the exchange rate of Frax Price Index Share (FPIS) has gone up by 12.82% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of FPIS to AZN?

There are many factors that affect the relationship between Frax Price Index Share and Azerbaijani Manat, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of FPIS/AZN. When there is positive news in the market about the widespread adoption of FPIS or major technological breakthroughs, it tends to trigger market optimism and drive the rise of FPIS/AZN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in FPIS/AZN.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of FPIS/AZN. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Frax Price Index Share and adjust their investment strategies accordingly in the evolving market.

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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.