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NAFT to AZN Converter and calculator

NAFT/AZN: 1 NAFT = 0.0005592 AZN. The price of converting 1 Nafter (NAFT) to Azerbaijani Manat (AZN) is 0.0005592 AZN today.
NAFT
NAFT
AZN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides NAFT to AZN real-time exchange rates, making it easy to convert Nafter (NAFT) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 NAFT is currently valued at 0.00 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 NAFT is currently valued at 0.00 AZN, which means buying 5 NAFT would cost 0.00 AZN. Similarly, ₼1 AZN can be converted to 1,788.35 NAFT, and ₼50 AZN can be converted to 8,941.74 NAFT, excluding any platform or gas fees.

Convert NAFT to AZN

Convert AZN to NAFT

Nafter
Azerbaijani Manat
1 NAFT
0.0005592  AZN
10 NAFT
0.005592  AZN
100 NAFT
0.05592  AZN
1000 NAFT
0.5592  AZN
In the table above, you'll find a comprehensive NAFT to AZN converter that shows the value of Nafter in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 NAFT to AZN, all the way up to 10000 NAFT, providing a clear view of their respective values.
Azerbaijani Manat
Nafter
100 AZN
178,834.79 NAFT
200 AZN
357,669.58 NAFT
500 AZN
894,173.94 NAFT
1000 AZN
1,788,347.88 NAFT
2000 AZN
3,576,695.75 NAFT
5000 AZN
8,941,739.39 NAFT
10000 AZN
17,883,478.77 NAFT
50000 AZN
89,417,393.85 NAFT
100000 AZN
178,834,787.71 NAFT
In the table above, you'll find a comprehensive AZN to NAFT converter that shows the value of Azerbaijani Manat in Nafter across commonly used conversion amounts. The list covers conversions from 1 AZN to NAFT, all the way up to 100000 AZN, providing a clear view of their respective values.

NAFT to AZN chart

NAFT/AZN: 1 NAFT = 0.0005592 AZN; 2025/05/28 14:50:17
In the past 1D, Nafter has changed -0.63% to AZN. Based on the trend and price charts, Nafter(NAFT) has changed -0.63% to AZN while Azerbaijani Manat(AZN) has changed % to NAFT in the last 24 hours.
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NAFT to AZN conversion data: Volatility and price changes of Nafter in AZN

The highest Nafter price in AZN over the past 7 days was 0.0005646 AZN while the lowest Nafter price in AZN over the past 7 days was 0.0005291 AZN. The relative change between the highs and lows in Nafter price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and NAFT 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
0.0005646 AZN
0.0005646 AZN
0.0005646 AZN
0.0005767 AZN
Low
0.0005513 AZN
0.0005291 AZN
0.0004931 AZN
0.0004602 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
-0.63%
+6.99%
+9.29%
-1.28%

Nafter information

NAFT to AZN market statistics

NAFT/AZN:
₼0.0005592
NAFT 24h volume:
₼158,357.37
NAFT market cap:
₼557,863.19
NAFT circulating supply:
997.65M NAFT

Current NAFT to AZN exchange rate

Nafter to Azerbaijani Manat is rising this week.
Nafter's current market price is ₼0.0005592 per NAFT, with a total market cap of ₼557,863.19 AZN based on a circulating supply of 997,653,500 NAFT. The trading volume of Nafter has changed by +7.58% (₼11,154.86 AZN) in the last 24 hours. Last trading day, NAFT's trading volume was ₼147,202.51.

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

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How to convert NAFT to AZN

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Buy NAFT (or USDT) for AZN (Azerbaijani Manat) offers
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NAFT to AZN Conversion tables

The exchange rate of Nafter is increasing.
The exchange rate of 1 NAFT to Azerbaijani Manat has changed by +6.99% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.63%, reaching a high of 0.0005646 AZN and a low of 0.0005513 AZN . One month ago, the value of 1 NAFT was ₼0.0005116 AZN , which represents a +9.29% change from its current value. Over the last year, Nafter has changed by
-
0.0004785AZN
, resulting in a change of -46.11% in its value.
24 hours ago1 month ago1 year ago
Amount14:50 today24 hours ago24h change
0.5 NAFT
₼0.0002796₼0.0002814
-0.63%
1 NAFT
₼0.0005592₼0.0005627
-0.63%
5 NAFT
₼0.002796₼0.002814
-0.63%
10 NAFT
₼0.005592₼0.005627
-0.63%
50 NAFT
₼0.02796₼0.02814
-0.63%
100 NAFT
₼0.05592₼0.05627
-0.63%
500 NAFT
₼0.2796₼0.2814
-0.63%
1000 NAFT
₼0.5592₼0.5627
-0.63%

NAFT to AZN FAQ

How much is 1 Nafter in AZN?
Right now, the price of 1 Nafter (NAFT) in Azerbaijani Manat (AZN) is ₼0.0005592.
How much NAFT can I buy for 1 AZN?
Based on the current exchange rate, you can get 1,788.35 NAFT for 1 AZN.
How do I calculate or convert NAFT to AZN?
You can use our NAFT to AZN calculator at the top of this page to convert any amount of NAFT to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 8,941.74 NAFT, while 5 NAFT will cost around 0.002796AZN.
What is the highest price of NAFT/AZN in history?
The all-time high price of 1 NAFT in AZN is ₼0.6633. It remains to be seen if the value of 1 NAFT/AZN will exceed the current all-time high.
What is the price trend of Nafter in AZN?
Over the past 7 days, the exchange rate of Nafter (NAFT) has gone up by 6.99%.   Over the last month, the exchange rate of Nafter (NAFT) has gone up by 9.29% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of NAFT to AZN?

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