Convert Canadian Dollar to Azerbaijani Manat
Convert Canadian Dollar (CAD) to Azerbaijani Manat (AZN) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Canadian Dollar
The Canadian Dollar (CAD), nicknamed the "Loonie" after the loon bird on the one-dollar coin, was introduced in 1858 and has been the official currency of Canada since Confederation in 1867. It is the sixth most traded currency in global foreign exchange markets. Canada's economy is among the world's ten largest and is closely integrated with the US economy under the USMCA (formerly NAFTA) agreement. The Bank of Canada manages monetary policy with a floating exchange rate.
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".
Quick Reference Table
| Canadian Dollar (CAD) | Azerbaijani Manat (AZN) |
|---|---|
| Loading rates... | |
Exchange rates are updated daily and provided for informational purposes only. Not suitable for financial transactions. Source: fawazahmed0/exchange-api (MIT license).