AZN Market Update
02 May 2026 • 01:32 GMT
The Azerbaijani manat (AZN) remains steady against the US dollar, holding close to its 3-month average of 0.5882. Recent reports from S&P Global and the Azerbaijani Central Bank suggest a stable outlook for the currency, with expectations of a modest 8.2% strengthening in 2025. This guidance, alongside the Central Bank’s efforts to maintain the manat’s stability, indicates a balanced environment for those planning transactions or investments involving AZN.
against the US dollar, AZN has held steady, reflecting the currency’s long-standing peg supported by regular interventions. The currency has not shown significant fluctuations recently, which should give confidence to traders and businesses. Comparatively, AZN has strengthened slightly against the Indian rupee and is trading near its recent lows versus the AUD, while remaining stable against the euro and the Swiss franc.
In the current global context of a strong US dollar driven by rising oil prices and geopolitical tensions, the AZN’s stability appears to be supported by Azerbaijan’s economic policies and favorable forecasts. For now, the manat continues to offer a predictable trading environment amidst these broader market movements.