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GBTC to AZN Converter and calculator

GBTC/AZN: 1 GBTC = 0.1613 AZN. The price of converting 1 Green Bitcoin (GBTC) to Azerbaijani Manat (AZN) is 0.1613 AZN today.
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AZN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides GBTC to AZN real-time exchange rates, making it easy to convert Green Bitcoin (GBTC) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 GBTC is currently valued at 0.16 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 GBTC is currently valued at 0.16 AZN, which means buying 5 GBTC would cost 0.81 AZN. Similarly, ₼1 AZN can be converted to 6.2 GBTC, and ₼50 AZN can be converted to 31 GBTC, excluding any platform or gas fees.

Convert GBTC to AZN

Convert AZN to GBTC

Green Bitcoin
Azerbaijani Manat
1000 GBTC
161.29  AZN
5000 GBTC
806.46  AZN
10000 GBTC
1,612.93  AZN
In the table above, you'll find a comprehensive GBTC to AZN converter that shows the value of Green Bitcoin in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 GBTC to AZN, all the way up to 10000 GBTC, providing a clear view of their respective values.
Azerbaijani Manat
Green Bitcoin
5000 AZN
30,999.51 GBTC
10000 AZN
61,999.01 GBTC
50000 AZN
309,995.05 GBTC
100000 AZN
619,990.11 GBTC
In the table above, you'll find a comprehensive AZN to GBTC converter that shows the value of Azerbaijani Manat in Green Bitcoin across commonly used conversion amounts. The list covers conversions from 1 AZN to GBTC, all the way up to 100000 AZN, providing a clear view of their respective values.

GBTC to AZN chart

GBTC/AZN: 1 GBTC = 0.1613 AZN; 2025/04/26 10:11:31
In the past 1D, Green Bitcoin has changed -3.22% to AZN. Based on the trend and price charts, Green Bitcoin(GBTC) has changed -3.22% to AZN while Azerbaijani Manat(AZN) has changed % to GBTC in the last 24 hours.
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GBTC to AZN conversion data: Volatility and price changes of Green Bitcoin in AZN

The highest Green Bitcoin price in AZN over the past 7 days was 0.1733 AZN while the lowest Green Bitcoin price in AZN over the past 7 days was 0.1565 AZN. The relative change between the highs and lows in Green Bitcoin price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and GBTC 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
0.1672 AZN
0.1733 AZN
0.2213 AZN
0.6608 AZN
Low
0.1565 AZN
0.1565 AZN
0.1565 AZN
0.04920 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
-3.22%
-4.53%
-14.61%
+62.44%

Green Bitcoin information

GBTC to AZN market statistics

GBTC/AZN:
₼0.1613
GBTC 24h volume:
₼75,181.26
GBTC market cap:
--
GBTC circulating supply:
0 GBTC

Current GBTC to AZN exchange rate

Green Bitcoin to Azerbaijani Manat is falling this week.
Green Bitcoin's current market price is ₼0.1613 per GBTC, with a total market cap of ₼0 AZN based on a circulating supply of -- GBTC. The trading volume of Green Bitcoin has changed by -11.65% (₼-9,909.50 AZN) in the last 24 hours. Last trading day, GBTC's trading volume was ₼85,090.75.

More info about Green Bitcoin 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 Green Bitcoin currency pair is the GBTC to AZN, with for Green Bitcoin's currency code being GBTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

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How to convert GBTC to AZN

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GBTC to AZN Conversion tables

The exchange rate of Green Bitcoin is decreasing.
The exchange rate of 1 GBTC to Azerbaijani Manat has changed by -4.53% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.22%, reaching a high of 0.1672 AZN and a low of 0.1565 AZN . One month ago, the value of 1 GBTC was ₼0.1889 AZN , which represents a -14.61% change from its current value. Over the last year, Green Bitcoin has changed by
-
1.17AZN
, resulting in a change of -87.85% in its value.
24 hours ago1 month ago1 year ago
Amount10:11 am today24 hours ago24h change
0.5 GBTC₼0.08065₼0.08334
-3.22%
1 GBTC₼0.1613₼0.1667
-3.22%
5 GBTC₼0.8065₼0.8334
-3.22%
10 GBTC₼1.61₼1.67
-3.22%
50 GBTC₼8.06₼8.33
-3.22%
100 GBTC₼16.13₼16.67
-3.22%
500 GBTC₼80.65₼83.34
-3.22%
1000 GBTC₼161.29₼166.67
-3.22%

GBTC to AZN FAQ

How much is 1 Green Bitcoin in AZN?
Right now, the price of 1 Green Bitcoin (GBTC) in Azerbaijani Manat (AZN) is ₼0.1613.
How much GBTC can I buy for 1 AZN?
Based on the current exchange rate, you can get 6.2 GBTC for 1 AZN.
How do I calculate or convert GBTC to AZN?
You can use our GBTC to AZN calculator at the top of this page to convert any amount of GBTC to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 31 GBTC, while 5 GBTC will cost around 0.8065AZN.
What is the highest price of GBTC/AZN in history?
The all-time high price of 1 GBTC in AZN is ₼3.43. It remains to be seen if the value of 1 GBTC/AZN will exceed the current all-time high.
What is the price trend of Green Bitcoin in AZN?
Over the past 7 days, the exchange rate of Green Bitcoin (GBTC) has gone down by 4.53%.   Over the last month, the exchange rate of Green Bitcoin (GBTC) has gone down by 14.61% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of GBTC to AZN?

There are many factors that affect the relationship between Green Bitcoin 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 GBTC/AZN. When there is positive news in the market about the widespread adoption of GBTC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of GBTC/AZN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in GBTC/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 GBTC/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 Green Bitcoin 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.