Convert New Taiwan Dollar to Azerbaijani Manat
Please provide values below to convert New Taiwan Dollar [TWD] to Azerbaijani Manat [AZN], or Convert Azerbaijani Manat to New Taiwan Dollar.
How to Convert New Taiwan Dollar to Azerbaijani Manat
1 TWD = 17.2684504557483 AZN
Example: convert 15 TWD to AZN:
15 TWD = 15 × 17.2684504557483 AZN = 259.026756836225 AZN
New Taiwan Dollar to Azerbaijani Manat Conversion Table
| New Taiwan Dollar | Azerbaijani Manat |
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New Taiwan Dollar
The New Taiwan Dollar (TWD) is the official currency of Taiwan, used for everyday transactions and financial exchanges within the country.
History/Origin
The New Taiwan Dollar was introduced in 1949 to replace the Old Taiwan Dollar, stabilizing Taiwan's economy after World War II and subsequent political changes. It has undergone several reforms and devaluations over the decades to adapt to economic conditions.
Current Use
Today, the TWD is widely used in Taiwan for all monetary transactions, including retail, banking, and international trade. It is also accepted in some neighboring regions and is actively traded in foreign exchange 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.