Convert Azerbaijani Manat to Philippine Peso
Please provide values below to convert Azerbaijani Manat [AZN] to Philippine Peso [PHP], or Convert Philippine Peso to Azerbaijani Manat.
How to Convert Azerbaijani Manat to Philippine Peso
1 AZN = 0.0298635636424942 PHP
Example: convert 15 AZN to PHP:
15 AZN = 15 × 0.0298635636424942 PHP = 0.447953454637414 PHP
Azerbaijani Manat to Philippine Peso Conversion Table
| Azerbaijani Manat | Philippine Peso |
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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.
Philippine Peso
The Philippine Peso (PHP) is the official currency of the Philippines, used for all monetary transactions within the country.
History/Origin
The Philippine Peso was first introduced during the Spanish colonial period in the 16th century and has undergone various reforms and changes in design and denomination over the years, becoming the official currency of the Philippines in 1946 after independence.
Current Use
Today, the PHP is widely used in everyday transactions, banking, and commerce in the Philippines, and it is also traded in foreign exchange markets globally.