Convert Singapore Dollar to Azerbaijani Manat
Convert Singapore Dollar (SGD) to Azerbaijani Manat (AZN) using daily updated exchange rates.
Loading exchange rates...
Exchange Rate
Exchange rates are updated daily.
Loading current rate...
About Singapore Dollar
The Singapore Dollar (SGD) is the official currency of Singapore and is interchangeable at par with the Brunei Dollar (BND) by a 1967 Currency Interchangeability Agreement. The Monetary Authority of Singapore (MAS) manages monetary policy uniquely through the exchange rate - adjusting the Singapore Dollar against a basket of trading partner currencies - rather than through interest rates, because of Singapore's small open economy. Singapore is a global financial centre, the world's busiest container port, and one of the wealthiest nations by per capita income.
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
| Singapore Dollar (SGD) | 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).