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AZN Market Update
08 Aug 2026 • 01:37 GMT
The Azerbaijani manat (AZN) remains steady against the US dollar at its 3-month average of 0.5882, reflecting a stable outlook. Recent reports from S&P Global and the Azerbaijani Central Bank suggest that the AZN's exchange rate is likely to remain resilient, supported by government interventions and a forecasted 8.2% strengthening in the nominal effective rate this year.
Against major currencies, the AZN has seen some minor moves. It is trading at a 30-day low versus the euro at approximately 0.5088, and near a two-week low versus the British pound at around 0.4359. The AZN also dropped slightly against the Australian dollar to 0.8323 and has been stable against the Canadian dollar at about 0.8206. against the Japanese yen, the AZN stands at 92.83, below its 3-month average.
Overall, the manat's steady position is supported by positive economic signals and ongoing currency stability measures. Travelers and businesses can expect the AZN to remain relatively predictable in the near term.
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