Convert Hungarian Forint to Azerbaijani Manat
Convert Hungarian Forint (HUF) to Azerbaijani Manat (AZN) using daily updated exchange rates.
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Exchange Rate
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About Hungarian Forint
The Hungarian Forint (HUF) has been the official currency of Hungary since 1 August 1946, introduced as part of a post-World War II monetary reform that ended one of history's worst hyperinflations - at its peak, prices doubled every 15 hours. The word "forint" derives from the Italian city of Florence (fiorino d'oro). Hungary has been an EU member since 2004 but has not yet adopted the Euro. The Magyar Nemzeti Bank (Magyar National Bank) manages monetary policy. Hungary's economy is strongly integrated with Western European supply chains, particularly the automotive sector.
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
| Hungarian Forint (HUF) | Azerbaijani Manat (AZN) |
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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).