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AZN Market Update
14 Aug 2026 • 00:39 GMT
The Azerbaijani manat (AZN) remains steady against the US dollar at around 0.5882, its 3-month average. Recent forecasts from S&P Global and the Azerbaijani Central Bank point to continued stability, with the manat expected to stay pegged to the dollar until 2028 and to strengthen by about 8.2% in 2025. These factors support a stable currency outlook for the AZN.
Against other major currencies, the AZN has seen minor movements but remains within a stable range. It trades at just below its average versus the euro and pound, making small adjustments without significant fluctuations. Notably, the AZN has reached near 14-day highs against the Swiss franc and 7-day highs against the Indian rupee, indicating some shift in demand. However, against the Australian dollar and Canadian dollar, the AZN is trading just below recent lows, reflecting minor declines but overall stability.
Overall, the AZN maintains a steady profile supported by consistent government and central bank policies, making it a relatively stable currency for transactions and planning.
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