Convert Azerbaijani Manat to Indian Rupee
Convert Azerbaijani Manat (AZN) to Indian Rupee (INR) using daily updated exchange rates.
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About Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, reintroduced as the "new manat" in 2006 to replace the old manat at a rate of 5,000 to 1. The Central Bank of the Republic of Azerbaijan issues the manat, which is divided into 100 qapik. Azerbaijan's economy is strongly driven by oil and natural gas exports from the Caspian Sea region, making the manat's value closely tied to energy commodity prices. The currency experienced a significant devaluation in 2015-2016 when oil prices fell sharply. The manat's name derives from the Russian word for "coin".
About Indian Rupee
The Indian Rupee (INR) is the official currency of India, the world's most populous country and fifth largest economy. The name "rupee" derives from the Sanskrit "rupyakam" (silver coin), used since the Maurya Empire around 300 BCE. The Reserve Bank of India (RBI) manages monetary policy. The rupee was decimalised in 1957 and is divided into 100 paise, though paise coins below 50 are no longer in circulation. India's economy is driven by information technology services, pharmaceuticals, textiles, agriculture, and rapidly growing manufacturing.
Quick Reference Table
| Azerbaijani Manat (AZN) | Indian Rupee (INR) |
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Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).