Even under a managed regime, several external and internal factors put pressure on the currency: Google Finance
The Azerbaijan Manat has undergone significant transitions since its introduction. 1 dollar azn
The current exchange rate for as of May 7, 2026. Even under a managed regime, several external and
: The manat saw major devaluations in 2015 due to sharp drops in global oil prices, which are a primary driver of Azerbaijan's economy. Before this period, the rate was significantly lower, often trading around 0.78–0.80 AZN per dollar. Factors Influencing the Rate Even under a managed regime