Convert Bitcoin to Azerbaijani Manat
Please provide values below to convert Bitcoin [BTC] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to Bitcoin.
How to Convert Bitcoin to Azerbaijani Manat
1 BTC = 4.96907324351431e-06 AZN
Example: convert 15 BTC to AZN:
15 BTC = 15 × 4.96907324351431e-06 AZN = 7.45360986527147e-05 AZN
Bitcoin to Azerbaijani Manat Conversion Table
| Bitcoin | Azerbaijani Manat |
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Bitcoin
Bitcoin (BTC) is a decentralized digital currency that enables peer-to-peer transactions without the need for a central authority or intermediary.
History/Origin
Bitcoin was created in 2009 by an anonymous person or group known as Satoshi Nakamoto, introducing blockchain technology to ensure secure and transparent transactions. It was the first cryptocurrency and sparked the development of numerous other digital currencies.
Current Use
Bitcoin is widely used for online purchases, investment, remittances, and as a store of value. It is also accepted by some merchants and businesses worldwide and is increasingly integrated into financial markets and services.
Azerbaijani Manat
The Azerbaijani Manat (AZN) is the official currency of Azerbaijan, used for all monetary transactions within the country.
History/Origin
The Azerbaijani Manat was introduced in 1992, replacing the Soviet ruble, and has undergone several redenominations, with the current version introduced in 2006 to stabilize the economy and control inflation.
Current Use
Today, the AZN is widely used in Azerbaijan for everyday transactions, banking, and trade, and is considered a stable currency within the region.