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FAKT to AZN Converter and calculator

FAKT/AZN: 1 FAKT = 0.0008330 AZN. The price of converting 1 Medifakt (FAKT) to Azerbaijani Manat (AZN) is 0.0008330 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 FAKT to AZN real-time exchange rates, making it easy to convert Medifakt (FAKT) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 FAKT is currently valued at 0.00 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 FAKT is currently valued at 0.00 AZN, which means buying 5 FAKT would cost 0.00 AZN. Similarly, ₼1 AZN can be converted to 1,200.44 FAKT, and ₼50 AZN can be converted to 6,002.22 FAKT, excluding any platform or gas fees.

Convert FAKT to AZN

Convert AZN to FAKT

Medifakt
Azerbaijani Manat
1 FAKT
0.0008330  AZN
10 FAKT
0.008330  AZN
100 FAKT
0.08330  AZN
1000 FAKT
0.8330  AZN
In the table above, you'll find a comprehensive FAKT to AZN converter that shows the value of Medifakt in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 FAKT to AZN, all the way up to 10000 FAKT, providing a clear view of their respective values.
Azerbaijani Manat
Medifakt
100 AZN
120,044.31 FAKT
200 AZN
240,088.62 FAKT
500 AZN
600,221.55 FAKT
1000 AZN
1,200,443.1 FAKT
2000 AZN
2,400,886.2 FAKT
5000 AZN
6,002,215.5 FAKT
10000 AZN
12,004,431.01 FAKT
50000 AZN
60,022,155.04 FAKT
100000 AZN
120,044,310.08 FAKT
In the table above, you'll find a comprehensive AZN to FAKT converter that shows the value of Azerbaijani Manat in Medifakt across commonly used conversion amounts. The list covers conversions from 1 AZN to FAKT, all the way up to 100000 AZN, providing a clear view of their respective values.

FAKT to AZN chart

FAKT/AZN: 1 FAKT = 0.0008330 AZN; 2025/04/29 16:59:39
In the past 1D, Medifakt has changed +1.14% to AZN. Based on the trend and price charts, Medifakt(FAKT) has changed +1.14% to AZN while Azerbaijani Manat(AZN) has changed % to FAKT in the last 24 hours.
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FAKT to AZN conversion data: Volatility and price changes of Medifakt in AZN

The highest Medifakt price in AZN over the past 7 days was 0.0008779 AZN while the lowest Medifakt price in AZN over the past 7 days was 0.0007309 AZN. The relative change between the highs and lows in Medifakt price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and FAKT 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
0.0008469 AZN
0.0008779 AZN
0.001081 AZN
0.001504 AZN
Low
0.0008222 AZN
0.0007309 AZN
0.0006252 AZN
0.0004041 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
+1.14%
+2.81%
-15.66%
-13.73%

Medifakt information

FAKT to AZN market statistics

FAKT/AZN:
₼0.0008330
FAKT 24h volume:
₼102,605.49
FAKT market cap:
--
FAKT circulating supply:
0 FAKT

Current FAKT to AZN exchange rate

Medifakt to Azerbaijani Manat is rising this week.
Medifakt's current market price is ₼0.0008330 per FAKT, with a total market cap of ₼0 AZN based on a circulating supply of -- FAKT. The trading volume of Medifakt has changed by -32.55% (₼-49,526.38 AZN) in the last 24 hours. Last trading day, FAKT's trading volume was ₼152,131.87.

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

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How to convert FAKT to AZN

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FAKT to AZN Conversion tables

The exchange rate of Medifakt is decreasing.
The exchange rate of 1 FAKT to Azerbaijani Manat has changed by +2.81% in the last 7 days. In the last 24 hours, the rate has fluctuated by +1.14%, reaching a high of 0.0008469 AZN and a low of 0.0008222 AZN . One month ago, the value of 1 FAKT was ₼0.0009877 AZN , which represents a -15.66% change from its current value. Over the last year, Medifakt has changed by
-
0.004353AZN
, resulting in a change of -83.94% in its value.
24 hours ago1 month ago1 year ago
Amount16:59 today24 hours ago24h change
0.5 FAKT₼0.0004165₼0.0004118
+1.14%
1 FAKT₼0.0008330₼0.0008236
+1.14%
5 FAKT₼0.004165₼0.004118
+1.14%
10 FAKT₼0.008330₼0.008236
+1.14%
50 FAKT₼0.04165₼0.04118
+1.14%
100 FAKT₼0.08330₼0.08236
+1.14%
500 FAKT₼0.4165₼0.4118
+1.14%
1000 FAKT₼0.8330₼0.8236
+1.14%

FAKT to AZN FAQ

How much is 1 Medifakt in AZN?
Right now, the price of 1 Medifakt (FAKT) in Azerbaijani Manat (AZN) is ₼0.0008330.
How much FAKT can I buy for 1 AZN?
Based on the current exchange rate, you can get 1,200.44 FAKT for 1 AZN.
How do I calculate or convert FAKT to AZN?
You can use our FAKT to AZN calculator at the top of this page to convert any amount of FAKT to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 6,002.22 FAKT, while 5 FAKT will cost around 0.004165AZN.
What is the highest price of FAKT/AZN in history?
The all-time high price of 1 FAKT in AZN is ₼0.07566. It remains to be seen if the value of 1 FAKT/AZN will exceed the current all-time high.
What is the price trend of Medifakt in AZN?
Over the past 7 days, the exchange rate of Medifakt (FAKT) has gone up by 2.81%.   Over the last month, the exchange rate of Medifakt (FAKT) has gone down by 15.66% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of FAKT to AZN?

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