Convert Azerbaijani Manat to Japanese Yen
Convert Azerbaijani Manat (AZN) to Japanese Yen (JPY) using daily updated exchange rates.
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Exchange Rate
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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 Japanese Yen
The Japanese Yen (JPY) is the official currency of Japan and the third most traded currency in global foreign exchange markets, accounting for approximately 17% of daily forex turnover. Introduced in 1871 as part of the Meiji government's monetary reforms, the yen replaced a complex system of Feudal domain currencies. The Bank of Japan (BoJ) manages monetary policy. Japan has the world's third largest economy and has been characterised by decades of near-zero interest rates and periodic quantitative easing.
Quick Reference Table
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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).