MAD
AZN
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of MAD Bucks(MAD) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 MAD at a value of 1 MAD for 0.01 AZN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
AZN 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 MAD Bucks currency pair is the MAD to AZN, with for MAD Bucks's currency code being MAD. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.
MAD to AZN conversion rate trend
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In the past 1D, MAD Bucks has changed +18.17% to AZN. Based on the trend and price charts, MAD Bucks(MAD) has changed +18.17% to AZN while Azerbaijani Manat(AZN) has changed % to MAD in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₼0.01169 | 0.0200% / 0.0320%  VIP 7 |
Last updated 2024/11/23 00:34:26(UTC+0)
How to buy MAD Bucks
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy MAD Bucks (MAD)
Use a variety of payment options to buy MAD Bucks on Bitget. We'll show you how.
Buy MAD (or USDT) for AZN (Azerbaijani Manat) offers
Bitget P2P trading does not currently support direct buying of MAD with AZN. However, you can buy USDT in Bitget P2P trading first, and then buy MAD with USDT via Bitget spot market.
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Sell MAD (or USDT) for AZN (Azerbaijani Manat) offers
Bitget P2P trading currently does not support direct selling of MAD to AZN. However, you can first exchange MAD for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
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What factors influence the conversion rate of MAD Bucks to Azerbaijani Manat?
MAD Bucks to Azerbaijani Manat is rising this week.MAD Bucks's current market price is ₼ 0.01217 per MAD, with a total market cap of ₼ 0 AZN based on a circulating supply of -- MAD. The trading volume of MAD Bucks has changed by +212.22% (₼ 495.85 AZN) in the last 24 hours. Last trading day, MAD's trading volume was ₼ 233.65.
Market cap
$0
24h volume
$429.11720908
Circulating supply
0 MAD
Conversion tables
The exchange rate of MAD Bucks is increasing.1 MAD is currently valued at ₼ 0.01217 AZN , which means buying 5 MAD will cost ₼ 0.06087 AZN . Similarly, ₼1 AZN can be traded for 82.14 MAD, and ₼50 AZN can be converted to 4,107.12 MAD, excluding any platform or gas fees.
The exchange rate of 1 MAD to Azerbaijani Manat has changed by +25.77% in the last 7 days. In the last 24 hours, the rate has fluctuated by +18.17%, reaching a high of 0.01217 AZN and a low of 0.01013 AZN . One month ago, the value of 1 MAD was ₼ 0.006085 AZN , which represents a +100.08% change from its current value. Over the last year, MAD Bucks has changed by , resulting in a change of -80.41% in its value.
-₼
0.04996AZNMAD to AZN
Amount
02:17 am today
0.5 MAD
₼0.006087
1 MAD
₼0.01217
5 MAD
₼0.06087
10 MAD
₼0.1217
50 MAD
₼0.6087
100 MAD
₼1.22
500 MAD
₼6.09
1000 MAD
₼12.17
AZN to MAD
Amount02:17 am today
0.5AZN41.07 MAD
1AZN82.14 MAD
5AZN410.71 MAD
10AZN821.42 MAD
50AZN4,107.12 MAD
100AZN8,214.24 MAD
500AZN41,071.22 MAD
1000AZN82,142.44 MAD
Today vs. 24 hours ago
| Amount | 02:17 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 MAD | $0.003581 | $0.003030 | +18.17% |
| 1 MAD | $0.007161 | $0.006060 | +18.17% |
| 5 MAD | $0.03581 | $0.03030 | +18.17% |
| 10 MAD | $0.07161 | $0.06060 | +18.17% |
| 50 MAD | $0.3581 | $0.3030 | +18.17% |
| 100 MAD | $0.7161 | $0.6060 | +18.17% |
| 500 MAD | $3.58 | $3.03 | +18.17% |
| 1000 MAD | $7.16 | $6.06 | +18.17% |
Today vs. 1 month ago
| Amount | 02:17 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 MAD | $0.003581 | $0.001790 | +100.08% |
| 1 MAD | $0.007161 | $0.003579 | +100.08% |
| 5 MAD | $0.03581 | $0.01790 | +100.08% |
| 10 MAD | $0.07161 | $0.03579 | +100.08% |
| 50 MAD | $0.3581 | $0.1790 | +100.08% |
| 100 MAD | $0.7161 | $0.3579 | +100.08% |
| 500 MAD | $3.58 | $1.79 | +100.08% |
| 1000 MAD | $7.16 | $3.58 | +100.08% |
Today vs. 1 year ago
| Amount | 02:17 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 MAD | $0.003581 | $0.01827 | -80.41% |
| 1 MAD | $0.007161 | $0.03655 | -80.41% |
| 5 MAD | $0.03581 | $0.1827 | -80.41% |
| 10 MAD | $0.07161 | $0.3655 | -80.41% |
| 50 MAD | $0.3581 | $1.83 | -80.41% |
| 100 MAD | $0.7161 | $3.65 | -80.41% |
| 500 MAD | $3.58 | $18.27 | -80.41% |
| 1000 MAD | $7.16 | $36.55 | -80.41% |
MAD Bucks price prediction
What will the price of MAD be in 2025?
Based on MAD's historical price performance prediction model, the price of MAD is projected to reach $0.01068 in 2025.
What will the price of MAD be in 2030?
In 2030, the MAD price is expected to change by -13.00%. By the end of 2030, the MAD price is projected to reach $0.02177, with a cumulative ROI of +216.64%.
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Popular MAD Bucks conversions
Check out these popular currency conversions of MAD Bucks to several fiat currencies.
MAD Bucks to USD
1 MAD to $ 0.007161 USD
MAD Bucks to GBP
1 MAD to £ 0.005715 GBP
MAD Bucks to EUR
1 MAD to € 0.006873 EUR
MAD Bucks to KRW
1 MAD to ₩ 10.06 KRW
MAD Bucks to CAD
1 MAD to $ 0.01005 CAD
MAD Bucks to AUD
1 MAD to $ 0.01101 AUD
MAD Bucks to JPY
1 MAD to ¥ 1.11 JPY
MAD Bucks to BRL
1 MAD to R$ 0.04154 BRL
MAD Bucks to CNY
1 MAD to ¥ 0.05194 CNY
MAD Bucks to TWD
1 MAD to NT$ 0.2333 TWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between MAD Bucks and AZN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as MAD Bucks and AZN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of MAD Bucks in AZN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
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.
