Convert New Zealand Dollar to Azerbaijani Manat
Please provide values below to convert New Zealand Dollar [NZD] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to New Zealand Dollar.
How to Convert New Zealand Dollar to Azerbaijani Manat
1 NZD = 0.981476036459865 AZN
Example: convert 15 NZD to AZN:
15 NZD = 15 × 0.981476036459865 AZN = 14.722140546898 AZN
New Zealand Dollar to Azerbaijani Manat Conversion Table
| New Zealand Dollar | Azerbaijani Manat |
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New Zealand Dollar
The New Zealand Dollar (NZD) is the official currency of New Zealand and its territories, used for everyday transactions and financial exchanges.
History/Origin
Introduced in 1967, replacing the New Zealand Pound, the NZD was initially pegged to the British Pound and later adopted a floating exchange rate system. It has undergone various reforms and is now managed by the Reserve Bank of New Zealand.
Current Use
The NZD is widely used in New Zealand and is also accepted in some Pacific Island nations. It is actively traded in international currency markets and is a key component of the country's economy.
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.