Convert Canadian Dollar to Azerbaijani Manat
Please provide values below to convert Canadian Dollar [CAD] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to Canadian Dollar.
How to Convert Canadian Dollar to Azerbaijani Manat
1 CAD = 0.801234930902676 AZN
Example: convert 15 CAD to AZN:
15 CAD = 15 × 0.801234930902676 AZN = 12.0185239635401 AZN
Canadian Dollar to Azerbaijani Manat Conversion Table
| Canadian Dollar | Azerbaijani Manat |
|---|
Canadian Dollar
The Canadian Dollar (CAD) is the official currency of Canada, used as the country's primary medium of exchange and store of value.
History/Origin
The Canadian Dollar was introduced in 1858, replacing the Canadian pound, and has since evolved into a stable currency, with its value influenced by Canada's economic policies and global markets.
Current Use
Today, the CAD is widely used in Canada for everyday transactions, international trade, and as a reserve currency, with its value fluctuating based on economic conditions and currency markets.
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.