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Verum Coin to Azerbaijani Manat Converter and calculator

Convert 1Verum Coin (VERUM) to Azerbaijani Manat (AZN) equals ₼ 1,529.98 | Bitget
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Last updated 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter offers real-time exchange rates, allowing for easy conversion of Verum Coin(VERUM) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 VERUM at a value of 1 VERUM for 1,529.98 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.

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Bitget crypto-to-fiat exchange data shows that the most popular Verum Coin currency pair is the VERUM to AZN, with for Verum Coin's currency code being VERUM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

VERUM to AZN conversion rate trend

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In the past 1D, Verum Coin has changed -0.16% to AZN. Based on the trend and price charts, Verum Coin(VERUM) has changed -0.16% to AZN while Azerbaijani Manat(AZN) has changed % to VERUM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₼1,528.22
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/11/19 08:30:15(UTC+0)

How to buy Verum Coin

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Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Verify your identity by entering your personal information and uploading a valid photo ID.
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Buy Verum Coin (VERUM)
Use a variety of payment options to buy Verum Coin on Bitget. We'll show you how.

Buy VERUM (or USDT) for AZN (Azerbaijani Manat) offers

Bitget P2P trading does not currently support direct buying of VERUM with AZN. However, you can buy USDT in Bitget P2P trading first, and then buy VERUM with USDT via Bitget spot market.
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Low to high
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Sell VERUM (or USDT) for AZN (Azerbaijani Manat) offers

Bitget P2P trading currently does not support direct selling of VERUM to AZN. However, you can first exchange VERUM for USDT in the Bitget spot market, and then sell USDT to USD in Bitget P2P trading.
Merchants (trades/completion rate)PriceAmount/limit
High to low
Payment methods
Zero fees
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What factors influence the conversion rate of Verum Coin to Azerbaijani Manat?

Verum Coin to Azerbaijani Manat is rising this week.
Verum Coin's current market price is ₼ 1,529.98 per VERUM, with a total market cap of ₼ 142,908,152.02 AZN based on a circulating supply of 93,405 VERUM. The trading volume of Verum Coin has changed by +2.42% (₼ 69,334.81 AZN) in the last 24 hours. Last trading day, VERUM's trading volume was ₼ 2,866,259.4.
Market cap
$84.06M
24h volume
$1.73M
Circulating supply
93.41K VERUM

Conversion tables

The exchange rate of Verum Coin is increasing.
1 VERUM is currently valued at ₼ 1,529.98 AZN , which means buying 5 VERUM will cost ₼ 7,649.92 AZN . Similarly, ₼1 AZN can be traded for 0.0006536 VERUM, and ₼50 AZN can be converted to 0.03268 VERUM, excluding any platform or gas fees.
The exchange rate of 1 VERUM to Azerbaijani Manat has changed by +9.21% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.16%, reaching a high of 1,535.81 AZN and a low of 1,520.06 AZN . One month ago, the value of 1 VERUM was ₼ 1,372.57 AZN , which represents a +11.49% change from its current value. Over the last year, Verum Coin has changed by
+
166.93AZN
, resulting in a change of +421.16% in its value.

VERUM to AZN

Amount
09:26 am today
0.5 VERUM
764.99
1 VERUM
1,529.98
5 VERUM
7,649.92
10 VERUM
15,299.84
50 VERUM
76,499.2
100 VERUM
152,998.39
500 VERUM
764,991.96
1000 VERUM
1,529,983.92

AZN to VERUM

Amount09:26 am today
0.5AZN0.0003268  VERUM
1AZN0.0006536  VERUM
5AZN0.003268  VERUM
10AZN0.006536  VERUM
50AZN0.03268  VERUM
100AZN0.06536  VERUM
500AZN0.3268  VERUM
1000AZN0.6536  VERUM

Today vs. 24 hours ago

Amount09:26 am today24 hours ago24h change
0.5 VERUM$450$450.72
-0.16%
1 VERUM$899.99$901.44
-0.16%
5 VERUM$4,499.95$4,507.21
-0.16%
10 VERUM$8,999.91$9,014.41
-0.16%
50 VERUM$44,999.53$45,072.06
-0.16%
100 VERUM$89,999.05$90,144.12
-0.16%
500 VERUM$449,995.27$450,720.58
-0.16%
1000 VERUM$899,990.54$901,441.16
-0.16%

Today vs. 1 month ago

Amount09:26 am today1 month ago1M change
0.5 VERUM$450$403.7
+11.49%
1 VERUM$899.99$807.39
+11.49%
5 VERUM$4,499.95$4,036.96
+11.49%
10 VERUM$8,999.91$8,073.92
+11.49%
50 VERUM$44,999.53$40,369.59
+11.49%
100 VERUM$89,999.05$80,739.18
+11.49%
500 VERUM$449,995.27$403,695.9
+11.49%
1000 VERUM$899,990.54$807,391.8
+11.49%

Today vs. 1 year ago

Amount09:26 am today1 year ago1Y change
0.5 VERUM$450$0.8983
+421.16%
1 VERUM$899.99$1.8
+421.16%
5 VERUM$4,499.95$8.98
+421.16%
10 VERUM$8,999.91$17.97
+421.16%
50 VERUM$44,999.53$89.83
+421.16%
100 VERUM$89,999.05$179.66
+421.16%
500 VERUM$449,995.27$898.28
+421.16%
1000 VERUM$899,990.54$1,796.57
+421.16%

Verum Coin price prediction

What will the price of VERUM be in 2025?

Based on VERUM's historical price performance prediction model, the price of VERUM is projected to reach $944.32 in 2025.

What will the price of VERUM be in 2030?

In 2030, the VERUM price is expected to change by -6.00%. By the end of 2030, the VERUM price is projected to reach $1,462.51, with a cumulative ROI of +62.08%.

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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 Verum Coin 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 Verum Coin 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 Verum Coin 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.