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ROOT to AZN Converter and calculator

ROOT/AZN: 1 ROOT = 0.009978 AZN. The price of converting 1 The Root Network (ROOT) to Azerbaijani Manat (AZN) is 0.009978 AZN today.
ROOT
ROOT
AZN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides ROOT to AZN real-time exchange rates, making it easy to convert The Root Network (ROOT) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 ROOT is currently valued at 0.01 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 ROOT is currently valued at 0.01 AZN, which means buying 5 ROOT would cost 0.05 AZN. Similarly, ₼1 AZN can be converted to 100.22 ROOT, and ₼50 AZN can be converted to 501.1 ROOT, excluding any platform or gas fees.

Convert ROOT to AZN

Convert AZN to ROOT

The Root Network
Azerbaijani Manat
10000 ROOT
99.78  AZN
In the table above, you'll find a comprehensive ROOT to AZN converter that shows the value of The Root Network in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 ROOT to AZN, all the way up to 10000 ROOT, providing a clear view of their respective values.
Azerbaijani Manat
The Root Network
1000 AZN
100,220.54 ROOT
2000 AZN
200,441.08 ROOT
5000 AZN
501,102.7 ROOT
10000 AZN
1,002,205.39 ROOT
50000 AZN
5,011,026.96 ROOT
100000 AZN
10,022,053.91 ROOT
In the table above, you'll find a comprehensive AZN to ROOT converter that shows the value of Azerbaijani Manat in The Root Network across commonly used conversion amounts. The list covers conversions from 1 AZN to ROOT, all the way up to 100000 AZN, providing a clear view of their respective values.

ROOT to AZN chart

ROOT/AZN: 1 ROOT = 0.009978 AZN; 2025/04/27 20:06:52
In the past 1D, The Root Network has changed +0.71% to AZN. Based on the trend and price charts, The Root Network(ROOT) has changed +0.71% to AZN while Azerbaijani Manat(AZN) has changed % to ROOT in the last 24 hours.
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ROOT to AZN conversion data: Volatility and price changes of The Root Network in AZN

The highest The Root Network price in AZN over the past 7 days was 0.01116 AZN while the lowest The Root Network price in AZN over the past 7 days was 0.009513 AZN. The relative change between the highs and lows in The Root Network price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and ROOT 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
0.009980 AZN
0.01116 AZN
0.01606 AZN
0.03847 AZN
Low
0.009513 AZN
0.009513 AZN
0.008620 AZN
0.008620 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
+0.71%
+1.38%
-32.03%
-70.37%

The Root Network information

ROOT to AZN market statistics

ROOT/AZN:
₼0.009978
ROOT 24h volume:
₼11,293,293.96
ROOT market cap:
₼14,436,367.14
ROOT circulating supply:
1.45B ROOT

Current ROOT to AZN exchange rate

The Root Network to Azerbaijani Manat is rising this week.
The Root Network's current market price is ₼0.009978 per ROOT, with a total market cap of ₼14,436,367.14 AZN based on a circulating supply of 1,446,820,500 ROOT. The trading volume of The Root Network has changed by +341.26% (₼8,733,940.87 AZN) in the last 24 hours. Last trading day, ROOT's trading volume was ₼2,559,353.09.

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

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How to convert ROOT to AZN

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Convert ROOT to AZN
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ROOT to AZN Conversion tables

The exchange rate of The Root Network is decreasing.
The exchange rate of 1 ROOT to Azerbaijani Manat has changed by +1.38% in the last 7 days. In the last 24 hours, the rate has fluctuated by +0.71%, reaching a high of 0.009980 AZN and a low of 0.009513 AZN . One month ago, the value of 1 ROOT was ₼0.01468 AZN , which represents a -32.03% change from its current value. Over the last year, The Root Network has changed by
-
0.06875AZN
, resulting in a change of -87.33% in its value.
24 hours ago1 month ago1 year ago
Amount20:06 today24 hours ago24h change
0.5 ROOT₼0.004989₼0.004954
+0.71%
1 ROOT₼0.009978₼0.009908
+0.71%
5 ROOT₼0.04989₼0.04954
+0.71%
10 ROOT₼0.09978₼0.09908
+0.71%
50 ROOT₼0.4989₼0.4954
+0.71%
100 ROOT₼0.9978₼0.9908
+0.71%
500 ROOT₼4.99₼4.95
+0.71%
1000 ROOT₼9.98₼9.91
+0.71%

ROOT to AZN FAQ

How much is 1 The Root Network in AZN?
Right now, the price of 1 The Root Network (ROOT) in Azerbaijani Manat (AZN) is ₼0.009978.
How much ROOT can I buy for 1 AZN?
Based on the current exchange rate, you can get 100.22 ROOT for 1 AZN.
How do I calculate or convert ROOT to AZN?
You can use our ROOT to AZN calculator at the top of this page to convert any amount of ROOT to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 501.1 ROOT, while 5 ROOT will cost around 0.04989AZN.
What is the highest price of ROOT/AZN in history?
The all-time high price of 1 ROOT in AZN is ₼0.7911. It remains to be seen if the value of 1 ROOT/AZN will exceed the current all-time high.
What is the price trend of The Root Network in AZN?
Over the past 7 days, the exchange rate of The Root Network (ROOT) has gone up by 1.38%.   Over the last month, the exchange rate of The Root Network (ROOT) has gone down by 32.03% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of ROOT to AZN?

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