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Deutsche eMark to Azerbaijani Manat Converter and calculator

Convert 1Deutsche eMark (DEM) to Azerbaijani Manat (AZN) equals ₼ 0.006472 | 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 Deutsche eMark(DEM) to Azerbaijani Manat(AZN). This is the real-time data. The current conversion shows 1 DEM at a value of 1 DEM for 0.01 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 Deutsche eMark currency pair is the DEM to AZN, with for Deutsche eMark's currency code being DEM. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

DEM to AZN conversion rate trend

1D7D1M3M1YAll
In the past 1D, Deutsche eMark has changed -1.38% to AZN. Based on the trend and price charts, Deutsche eMark(DEM) has changed -1.38% to AZN while Azerbaijani Manat(AZN) has changed % to DEM in the last 24 hours.

Conversion rate comparison of various exchanges

ExchangePriceMaker / Taker FeeTradable
Bitgethot-iconBest
₼0.006482
0.0200% / 0.0320%vip-iconVIP 7
Last updated 2024/12/23 08:31:18(UTC+0)

How to buy Deutsche eMark

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Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
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Buy Deutsche eMark (DEM)
Use a variety of payment options to buy Deutsche eMark on Bitget. We'll show you how.

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

Bitget P2P trading does not currently support direct buying of DEM with AZN. However, you can buy USDT in Bitget P2P trading first, and then buy DEM with USDT via Bitget spot market.
Merchants (trades/completion rate)PriceAmount/limit
Low to high
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Zero fees
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Sell DEM (or USDT) for AZN (Azerbaijani Manat) offers

Bitget P2P trading currently does not support direct selling of DEM to AZN. However, you can first exchange DEM 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 Deutsche eMark to Azerbaijani Manat?

Deutsche eMark to Azerbaijani Manat is falling this week.
Deutsche eMark's current market price is ₼ 0.006472 per DEM, with a total market cap of ₼ 1,024,006.54 AZN based on a circulating supply of 158,230,420 DEM. The trading volume of Deutsche eMark has changed by +159.76% (₼ 642.36 AZN) in the last 24 hours. Last trading day, DEM's trading volume was ₼ 402.06.
Market cap
$602.36K
24h volume
$614.36618809
Circulating supply
158.23M DEM

Conversion tables

The exchange rate of Deutsche eMark is decreasing.
1 DEM is currently valued at ₼ 0.006472 AZN , which means buying 5 DEM will cost ₼ 0.03236 AZN . Similarly, ₼1 AZN can be traded for 154.52 DEM, and ₼50 AZN can be converted to 7,726.05 DEM, excluding any platform or gas fees.
The exchange rate of 1 DEM to Azerbaijani Manat has changed by -9.20% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.38%, reaching a high of 0.008184 AZN and a low of 0.006423 AZN . One month ago, the value of 1 DEM was ₼ 0.006702 AZN , which represents a -3.43% change from its current value. Over the last year, Deutsche eMark has changed by
-
0.0002168AZN
, resulting in a change of -3.24% in its value.

DEM to AZN

Amount
08:45 am today
0.5 DEM
0.003236
1 DEM
0.006472
5 DEM
0.03236
10 DEM
0.06472
50 DEM
0.3236
100 DEM
0.6472
500 DEM
3.24
1000 DEM
6.47

AZN to DEM

Amount08:45 am today
0.5AZN77.26  DEM
1AZN154.52  DEM
5AZN772.6  DEM
10AZN1,545.21  DEM
50AZN7,726.05  DEM
100AZN15,452.09  DEM
500AZN77,260.45  DEM
1000AZN154,520.9  DEM

Today vs. 24 hours ago

Amount08:45 am today24 hours ago24h change
0.5 DEM$0.001903$0.001930
-1.38%
1 DEM$0.003807$0.003860
-1.38%
5 DEM$0.01903$0.01930
-1.38%
10 DEM$0.03807$0.03860
-1.38%
50 DEM$0.1903$0.1930
-1.38%
100 DEM$0.3807$0.3860
-1.38%
500 DEM$1.9$1.93
-1.38%
1000 DEM$3.81$3.86
-1.38%

Today vs. 1 month ago

Amount08:45 am today1 month ago1M change
0.5 DEM$0.001903$0.001971
-3.43%
1 DEM$0.003807$0.003942
-3.43%
5 DEM$0.01903$0.01971
-3.43%
10 DEM$0.03807$0.03942
-3.43%
50 DEM$0.1903$0.1971
-3.43%
100 DEM$0.3807$0.3942
-3.43%
500 DEM$1.9$1.97
-3.43%
1000 DEM$3.81$3.94
-3.43%

Today vs. 1 year ago

Amount08:45 am today1 year ago1Y change
0.5 DEM$0.001903$0.001967
-3.24%
1 DEM$0.003807$0.003934
-3.24%
5 DEM$0.01903$0.01967
-3.24%
10 DEM$0.03807$0.03934
-3.24%
50 DEM$0.1903$0.1967
-3.24%
100 DEM$0.3807$0.3934
-3.24%
500 DEM$1.9$1.97
-3.24%
1000 DEM$3.81$3.93
-3.24%

Deutsche eMark price prediction

What will the price of DEM be in 2025?

Based on DEM's historical price performance prediction model, the price of DEM is projected to reach $0.004588 in 2025.

What will the price of DEM be in 2030?

In 2030, the DEM price is expected to change by -20.00%. By the end of 2030, the DEM price is projected to reach $0.007501, with a cumulative ROI of +92.97%.

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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 Deutsche eMark 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 Deutsche eMark 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 Deutsche eMark 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.