In Azerbaijan, the CBAR rate is not just a statistical figure; it serves several critical functions: Google Finance
The Central Bank of Azerbaijan (CBAR) is the sole authority responsible for setting and implementing the country's exchange rate policy. For those tracking the Azerbaijani Manat (AZN), "CBAR" represents the official benchmark rate used for government accounting, tax calculations, and interbank settlements. Current Market Overview eur to azn cbar
The EUR/AZN pair has seen moderate volatility in recent months. While the CBAR previously targeted a strict USD/AZN peg, it has since shifted toward a framework that includes both the Euro and the US Dollar to provide more flexibility to the national economy. Today's Live Rate: 1.9977 AZN per 1 Euro. Official CBAR Rate (May 6): 1.9951 AZN. 30-Day Range: High of 2.0062 to a low of 1.9567. 90-Day Average: 1.9861 AZN. 1 EUR equals As of 7 May, 3:55 pm IST • Disclaimer 2 May 2026 - 7 May 2026 Why the CBAR Rate Matters In Azerbaijan, the CBAR rate is not just
As of May 7, 2026, the official exchange rate for , as determined by the Central Bank of the Republic of Azerbaijan (CBAR) , is 1.9951 . While the CBAR previously targeted a strict USD/AZN