RAFT
AZN
Last updated 2023/09/01 02:23:05 (UTC+0)Refresh
Want to display this on your website?Bitget converter offers real-time exchange rates, allowing for easy conversion of Raft(RAFT) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 RAFT at a value of 1 RAFT for 0.00 AZN . Since crypto prices can change rapidly, we suggest checking back for the latest conversion result.
AZN information
About Azerbaijani Manat (AZN)
Azerbaijan's official currency is the Manat (AZN), which is commonly abbreviated as AZN and represented by the symbol ₼. The Manat is comprised of 100 qəpik, which are smaller units of currency.
Historical Background
The original Azerbaijani Manat was first issued in 1919 but was replaced by the Soviet Ruble in 1923. The reintroduction of the Manat in 1992 was a significant step in post-Soviet Azerbaijan’s economic transformation. It signified the nation's departure from the Soviet economic system and was instrumental in laying the foundation for an independent monetary policy.
Design and Symbolism
The design of the Azerbaijani Manat incorporates elements that reflect Azerbaijan’s history, culture, and economic aspirations. Banknotes and coins feature prominent Azerbaijani figures, architectural landmarks, and symbols representing the country's rich cultural heritage and natural resources. These designs serve not only as a medium for financial transactions but also as reminders of the nation's unique identity and pride.
Economic Role
The Manat plays a central role in Azerbaijan’s economy, which is heavily influenced by oil and natural gas production. As the primary currency, it underpins the energy sector, which dominates the economy, and facilitates other key sectors like agriculture, manufacturing, and tourism. The stability of the Manat is crucial for the country's economic health and investor confidence.
Monetary Policy and Stability
Managed by the Central Bank of Azerbaijan, the Manat has experienced various challenges, including inflation and currency devaluation. The bank's monetary policies aim to stabilize the currency, control inflation, and foster a healthy economic environment conducive to growth and investment.
International Trade and the Azerbaijani Manat
In international trade, the stability of the Manat is crucial, particularly for Azerbaijan’s oil and gas exports. A stable Manat is vital for maintaining competitive prices in global markets and for managing the import of goods and services.
Remittances and Economic Impact
Remittances from Azerbaijanis living abroad, particularly in Russia, Turkey, and Europe, are a significant source of foreign income. These remittances, converted into Manats, support families and contribute to the national economy, providing a vital economic buffer.
Bitget crypto-to-fiat exchange data shows that the most popular Raft currency pair is the RAFT to AZN, with for Raft's currency code being RAFT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.
RAFT to AZN conversion rate trend
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In the past 1D, Raft has changed +3.17% to AZN. Based on the trend and price charts, Raft(RAFT) has changed +3.17% to AZN while Azerbaijani Manat(AZN) has changed % to RAFT in the last 24 hours.
Conversion rate comparison of various exchanges
| Exchange | Price | Maker / Taker Fee | Tradable |
|---|---|---|---|
Bitget  Best | ₼0.0007145 | 0.0200% / 0.0320%  VIP 7 | |
Gate.io | ₼0.0007961 | 0.1000% / 0.1000% | Yes |
Last updated 2024/11/18 08:00:13(UTC+0)
How to buy Raft
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Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Raft (RAFT)
Use a variety of payment options to buy Raft on Bitget. We'll show you how.
Buy RAFT (or USDT) for AZN (Azerbaijani Manat) offers
Bitget P2P trading does not currently support direct buying of RAFT with AZN. However, you can buy USDT in Bitget P2P trading first, and then buy RAFT with USDT via Bitget spot market.
| Merchants (trades/completion rate) | Price | Amount/limit Low to high | Payment methods | Zero fees Action |
|---|
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Sell RAFT (or USDT) for AZN (Azerbaijani Manat) offers
Bitget P2P trading currently does not support direct selling of RAFT to AZN. However, you can first exchange RAFT for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
| Merchants (trades/completion rate) | Price | Amount/limit High to low | Payment methods | Zero fees Action |
|---|
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What factors influence the conversion rate of Raft to Azerbaijani Manat?
Raft to Azerbaijani Manat is rising this week.Raft's current market price is ₼ 0.0007145 per RAFT, with a total market cap of ₼ 0 AZN based on a circulating supply of -- RAFT. The trading volume of Raft has changed by -83.22% (₼ -846.31 AZN) in the last 24 hours. Last trading day, RAFT's trading volume was ₼ 1,016.95.
Market cap
$0
24h volume
$100.37563088
Circulating supply
0 RAFT
Conversion tables
The exchange rate of Raft is increasing.1 RAFT is currently valued at ₼ 0.0007145 AZN , which means buying 5 RAFT will cost ₼ 0.003572 AZN . Similarly, ₼1 AZN can be traded for 1,399.68 RAFT, and ₼50 AZN can be converted to 69,983.79 RAFT, excluding any platform or gas fees.
The exchange rate of 1 RAFT to Azerbaijani Manat has changed by +13.57% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.17%, reaching a high of 0.0007273 AZN and a low of 0.0006775 AZN . One month ago, the value of 1 RAFT was ₼ 0.0004785 AZN , which represents a +49.29% change from its current value. Over the last year, Raft has changed by , resulting in a change of -87.74% in its value.
-₼
0.005114AZNRAFT to AZN
Amount
10:39 am today
0.5 RAFT
₼0.0003572
1 RAFT
₼0.0007145
5 RAFT
₼0.003572
10 RAFT
₼0.007145
50 RAFT
₼0.03572
100 RAFT
₼0.07145
500 RAFT
₼0.3572
1000 RAFT
₼0.7145
AZN to RAFT
Amount10:39 am today
0.5AZN699.84 RAFT
1AZN1,399.68 RAFT
5AZN6,998.38 RAFT
10AZN13,996.76 RAFT
50AZN69,983.79 RAFT
100AZN139,967.58 RAFT
500AZN699,837.88 RAFT
1000AZN1,399,675.76 RAFT
Today vs. 24 hours ago
| Amount | 10:39 am today | 24 hours ago | 24h change |
|---|---|---|---|
| 0.5 RAFT | $0.0002101 | $0.0002037 | +3.17% |
| 1 RAFT | $0.0004203 | $0.0004074 | +3.17% |
| 5 RAFT | $0.002101 | $0.002037 | +3.17% |
| 10 RAFT | $0.004203 | $0.004074 | +3.17% |
| 50 RAFT | $0.02101 | $0.02037 | +3.17% |
| 100 RAFT | $0.04203 | $0.04074 | +3.17% |
| 500 RAFT | $0.2101 | $0.2037 | +3.17% |
| 1000 RAFT | $0.4203 | $0.4074 | +3.17% |
Today vs. 1 month ago
| Amount | 10:39 am today | 1 month ago | 1M change |
|---|---|---|---|
| 0.5 RAFT | $0.0002101 | $0.0001407 | +49.29% |
| 1 RAFT | $0.0004203 | $0.0002815 | +49.29% |
| 5 RAFT | $0.002101 | $0.001407 | +49.29% |
| 10 RAFT | $0.004203 | $0.002815 | +49.29% |
| 50 RAFT | $0.02101 | $0.01407 | +49.29% |
| 100 RAFT | $0.04203 | $0.02815 | +49.29% |
| 500 RAFT | $0.2101 | $0.1407 | +49.29% |
| 1000 RAFT | $0.4203 | $0.2815 | +49.29% |
Today vs. 1 year ago
| Amount | 10:39 am today | 1 year ago | 1Y change |
|---|---|---|---|
| 0.5 RAFT | $0.0002101 | $0.001714 | -87.74% |
| 1 RAFT | $0.0004203 | $0.003428 | -87.74% |
| 5 RAFT | $0.002101 | $0.01714 | -87.74% |
| 10 RAFT | $0.004203 | $0.03428 | -87.74% |
| 50 RAFT | $0.02101 | $0.1714 | -87.74% |
| 100 RAFT | $0.04203 | $0.3428 | -87.74% |
| 500 RAFT | $0.2101 | $1.71 | -87.74% |
| 1000 RAFT | $0.4203 | $3.43 | -87.74% |
Raft price prediction
What will the price of RAFT be in 2025?
Based on RAFT's historical price performance prediction model, the price of RAFT is projected to reach $0.0008419 in 2025.
What will the price of RAFT be in 2030?
In 2030, the RAFT price is expected to change by +9.00%. By the end of 2030, the RAFT price is projected to reach $0.001814, with a cumulative ROI of +331.61%.
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Popular Raft conversions
Check out these popular currency conversions of Raft to several fiat currencies.
Raft to USD
1 RAFT to $ 0.0004203 USD
Raft to GBP
1 RAFT to £ 0.0003327 GBP
Raft to EUR
1 RAFT to € 0.0003977 EUR
Raft to KRW
1 RAFT to ₩ 0.5872 KRW
Raft to CAD
1 RAFT to $ 0.0005921 CAD
Raft to AUD
1 RAFT to $ 0.0006506 AUD
Raft to JPY
1 RAFT to ¥ 0.06505 JPY
Raft to BRL
1 RAFT to R$ 0.002446 BRL
Raft to CNY
1 RAFT to ¥ 0.003043 CNY
Raft to TWD
1 RAFT to NT$ 0.01367 TWD
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FAQ
What is a cryptocurrency calculator?
A cryptocurrency calculator enables users to convert various digital currencies into different world currencies according to the current exchange rate.
How does a cryptocurrency calculator work?
A cryptocurrency calculator fetches real-time values from digital currency exchange markets to convert between Raft and AZN.
How accurate is a cryptocurrency calculator?
Cryptocurrency calculators are generally highly accurate as they track real-time data from cryptocurrency markets, such as Raft and AZN. However, due to the high volatility of the cryptocurrency market, rates can fluctuate rapidly.
Can I trust the results of a cryptocurrency calculator?
While cryptocurrency calculators can provide a good starting point, remember that there might be slight differences in real-time trading due to factors such as time delay and trading platform discrepancies.
Can I use a cryptocurrency calculator for tax purposes?
Cryptocurrency calculators are useful for tax information, like coin values at given times. However, it's better to use tax-specific software or a professional for accurate reporting. Bitget Academy is a useful guide for cryptocurrency taxes, covering tax procedures, crypto transactions, effective planning, and different tax tools. Bitget prioritizes user experience, especially in optimizing tax management. With Advanced API and collaborations like Koinly, Bitget provides a smart, accessible platform for cryptocurrency trade and tax responsibilities.
Can a cryptocurrency calculator be used to convert one type of cryptocurrency to another?
If you want to know the value of Raft in AZN, cryptocurrency calculators can help you. But if you want to compare the worth of two different cryptocurrencies, you can use Bitget Convert. This tool simplifies the process of cryptocurrency conversion by allowing you to avoid multiple transactions or frequent transfers between wallets and exchanges. With Bitget Convert, you can seamlessly convert your cryptocurrencies in a user-friendly way.
This content is being provided to you for informational purposes only, does not constitute an offer, or solicitation of an offer nor a recommendation by Bitget to buy, sell, or hold any security, financial product, or instrument referenced in the content, and does not constitute investment advice, financial advice, trading advice, or any other sort of advice. Data presented may reflect asset prices traded on the Bitget exchange as well as other cryptocurrency exchanges and market data platforms. Bitget may charge fees for the processing of cryptocurrency transactions which may not be reflected in the conversion prices displayed. Bitget is not liable for any errors or delays in content or for any actions taken in reliance on any content.
