AZN Market Update
08 Apr 2026 • 00:37 GMT
The Azerbaijani manat (AZN) remains stable against the US dollar, with the exchange rate steady at its three-month average of 0.5882. Recent projections from S&P Global suggest the manat will stay pegged at around 1.7 AZN per USD until 2028, supported by ongoing market interventions. Meanwhile, the Central Bank of Azerbaijan expects the AZN to strengthen by 8.2% in 2025, which should help reduce inflation and reinforce currency stability.
Against other major currencies, the AZN has been largely steady. It is near its 30-day low of 0.5031 against the euro and close to its 14-day lows against the British pound at 0.4386, yet both remain within typical trading ranges. The currency has also maintained stable levels against the Canadian dollar and Swiss franc, with slight declines but no significant fluctuations.
Given the support from official forecasts and the currency's current stability, the AZN's outlook remains positive for those planning transactions, travel, or business dealings involving the manat. Market conditions suggest limited short-term volatility, making it a reliable currency in the current environment.
