ERN to AZN

ERN - Eritrean Nakfa (Nfk)
AZN - Azerbaijani Manat ()
1 ERN1 AZN

Currency conversion rates from ERN to AZN

ERNAZN
1 ERN1 AZN
5 ERN5 AZN
10 ERN10 AZN
20 ERN20 AZN
50 ERN50 AZN
100 ERN100 AZN
250 ERN250 AZN
500 ERN500 AZN
1000 ERN1000 AZN
2000 ERN2000 AZN
5000 ERN5000 AZN
10000 ERN10000 AZN
AZNERN
1 AZN1 ERN
5 AZN5 ERN
10 AZN10 ERN
20 AZN20 ERN
50 AZN50 ERN
100 AZN100 ERN
250 AZN250 ERN
500 AZN500 ERN
1000 AZN1000 ERN
2000 AZN2000 ERN
5000 AZN5000 ERN
10000 AZN10000 ERN

AZN - Azerbaijani Manat (man.)

Azerbaijani Manat

The New Manat is the currency used in Azerbaijan. There were three Manat currencies issued. The 3rd issue replaced the previous Manat in 2006, with the the new Manat = 5 000 old Manat. There are similarities between the Euro and Manat banknotes; both were designed by Robert Kalina of Austria.

The Azerbaijani Manat is the currency in Azerbaijan (AZ, AZE). The Azerbaijani Manat is divided into 100 gopik. The exchange rate for the Azerbaijani Manat was last updated on May 24, 2019 from Yahoo Finance. The AZN conversion factor has 5 significant digits.

Economy

  • The main economic base of Azerbaijan is oil.
  • The Azerbaijan GDP grew by 41.7 in 2007 and was rated as the fastest-growing economy in the world.
  • Agriculture forms 6% of the economy, services 32 %, and industry the remainder.
  • The top industries are petroleum and petroleum products, cement, textiles, ore, iron, natural gas, cotton, and foodstuffs.
  • There is a restriction on non-citizens; they are not allowed to export the national currency outside of Azerbaijan.
  • The country has a low unemployment rate of 0.9%.
  • The main export is oil. Caspian oil is transported via pipeline to various Mediterranean countries.

History

  • The first Manat was issued 1919 and was in circulation until 1923. After Azerbaijan became part of the Soviet Socialist Republic, the Manat was known in Russia as the Ruble. Both languages were printed on the bank notes, as well as French. There were no coins or small denominations.
  • The Russian Ruble was replaced by the second Azerbaijan Manat in 1992.
  • The new Azerbaijan Manat introduced in 2006 is currently the national currency. Qəpik coins that went out of circulation between 1993 to 2006 were reintroduced.
  • At the end of 2006 the old Manat was taken out of circulation.

More information about AZN - Azerbaijani Manat (man.)


ERN - Eritrean Nakfa (ERN)

Eritrean Nakfa

The Eritrean Nakfa is the currency in Eritrea (ER, ERI). The symbol for ERN can be written Nfa. The Eritrean Nakfa is divided into 100 cents. The exchange rate for the Eritrean Nakfa was last updated on May 24, 2019 from Yahoo Finance. The ERN conversion factor has 4 significant digits.

More information about ERN - Eritrean Nakfa (ERN)