Convert British Pound Sterling to Azerbaijani Manat
Please provide values below to convert British Pound Sterling [GBP] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to British Pound Sterling.
How to Convert British Pound Sterling to Azerbaijani Manat
1 GBP = 0.435283740076448 AZN
Example: convert 15 GBP to AZN:
15 GBP = 15 × 0.435283740076448 AZN = 6.52925610114672 AZN
British Pound Sterling to Azerbaijani Manat Conversion Table
British Pound Sterling | Azerbaijani Manat |
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British Pound Sterling
The British Pound Sterling (GBP) is the official currency of the United Kingdom and its territories, used as a standard unit of monetary value.
History/Origin
The Pound Sterling is one of the oldest currencies still in use, dating back to the 8th century. It was originally a silver coin and has evolved through various forms, including the gold standard and fiat currency, becoming the UK's primary currency in the 19th century.
Current Use
Today, the GBP is widely used in the UK and its territories, serving as the main currency for everyday transactions, banking, and international trade. It is also a major reserve currency globally.
Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.