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PHX to AZN Converter and calculator

PHX/AZN: 1 PHX = 0.02105 AZN. The price of converting 1 Phoenix Blockchain (PHX) to Azerbaijani Manat (AZN) is 0.02105 AZN today.
PHX
PHX
AZN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides PHX to AZN real-time exchange rates, making it easy to convert Phoenix Blockchain (PHX) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 PHX is currently valued at 0.02 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 PHX is currently valued at 0.02 AZN, which means buying 5 PHX would cost 0.11 AZN. Similarly, ₼1 AZN can be converted to 47.51 PHX, and ₼50 AZN can be converted to 237.53 PHX, excluding any platform or gas fees.

Convert PHX to AZN

Convert AZN to PHX

Phoenix Blockchain
Azerbaijani Manat
In the table above, you'll find a comprehensive PHX to AZN converter that shows the value of Phoenix Blockchain in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 PHX to AZN, all the way up to 10000 PHX, providing a clear view of their respective values.
Azerbaijani Manat
Phoenix Blockchain
5000 AZN
237,528.65 PHX
10000 AZN
475,057.31 PHX
50000 AZN
2,375,286.54 PHX
100000 AZN
4,750,573.08 PHX
In the table above, you'll find a comprehensive AZN to PHX converter that shows the value of Azerbaijani Manat in Phoenix Blockchain across commonly used conversion amounts. The list covers conversions from 1 AZN to PHX, all the way up to 100000 AZN, providing a clear view of their respective values.

PHX to AZN chart

PHX/AZN: 1 PHX = 0.02105 AZN; 2025/04/26 11:40:11
In the past 1D, Phoenix Blockchain has changed -0.01% to AZN. Based on the trend and price charts, Phoenix Blockchain(PHX) has changed -0.01% to AZN while Azerbaijani Manat(AZN) has changed % to PHX in the last 24 hours.
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PHX to AZN conversion data: Volatility and price changes of Phoenix Blockchain in AZN

The highest Phoenix Blockchain price in AZN over the past 7 days was 0.02106 AZN while the lowest Phoenix Blockchain price in AZN over the past 7 days was 0.02097 AZN. The relative change between the highs and lows in Phoenix Blockchain price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and PHX to AZN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hoursLast 7 daysLast 30 daysLast 90 days
High
0.02106 AZN
0.02106 AZN
0.02160 AZN
0.02162 AZN
Low
0.02105 AZN
0.02097 AZN
0.02097 AZN
0.02097 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
-0.01%
+0.04%
+0.22%
-2.05%

Phoenix Blockchain information

PHX to AZN market statistics

PHX/AZN:
₼0.02105
PHX 24h volume:
₼0.01158
PHX market cap:
--
PHX circulating supply:
0 PHX

Current PHX to AZN exchange rate

Phoenix Blockchain to Azerbaijani Manat is rising this week.
Phoenix Blockchain's current market price is ₼0.02105 per PHX, with a total market cap of ₼0 AZN based on a circulating supply of -- PHX. The trading volume of Phoenix Blockchain has changed by +129.19% (₼0.006526 AZN) in the last 24 hours. Last trading day, PHX's trading volume was ₼0.005052.

More info about Phoenix Blockchain on Bitget

Azerbaijani Manat 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 Phoenix Blockchain currency pair is the PHX to AZN, with for Phoenix Blockchain's currency code being PHX. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

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How to convert PHX to AZN

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Bitget P2P trading does not currently support direct buying of PHX with AZN. However, you can buy USDT in Bitget P2P trading first, and then buy PHX with USDT via Bitget spot market.
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PHX to AZN Conversion tables

The exchange rate of Phoenix Blockchain is increasing.
The exchange rate of 1 PHX to Azerbaijani Manat has changed by +0.04% in the last 7 days. In the last 24 hours, the rate has fluctuated by -0.01%, reaching a high of 0.02106 AZN and a low of 0.02105 AZN . One month ago, the value of 1 PHX was ₼0.02100 AZN , which represents a +0.22% change from its current value. Over the last year, Phoenix Blockchain has changed by
-
0.08042AZN
, resulting in a change of -79.26% in its value.
24 hours ago1 month ago1 year ago
Amount11:40 am today24 hours ago24h change
0.5 PHX₼0.01053₼0.01053
-0.01%
1 PHX₼0.02105₼0.02105
-0.01%
5 PHX₼0.1053₼0.1053
-0.01%
10 PHX₼0.2105₼0.2105
-0.01%
50 PHX₼1.05₼1.05
-0.01%
100 PHX₼2.11₼2.11
-0.01%
500 PHX₼10.53₼10.53
-0.01%
1000 PHX₼21.05₼21.05
-0.01%

PHX to AZN FAQ

How much is 1 Phoenix Blockchain in AZN?
Right now, the price of 1 Phoenix Blockchain (PHX) in Azerbaijani Manat (AZN) is ₼0.02105.
How much PHX can I buy for 1 AZN?
Based on the current exchange rate, you can get 47.51 PHX for 1 AZN.
How do I calculate or convert PHX to AZN?
You can use our PHX to AZN calculator at the top of this page to convert any amount of PHX to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 237.53 PHX, while 5 PHX will cost around 0.1053AZN.
What is the highest price of PHX/AZN in history?
The all-time high price of 1 PHX in AZN is ₼5.12. It remains to be seen if the value of 1 PHX/AZN will exceed the current all-time high.
What is the price trend of Phoenix Blockchain in AZN?
Over the past 7 days, the exchange rate of Phoenix Blockchain (PHX) has gone up by 0.04%.   Over the last month, the exchange rate of Phoenix Blockchain (PHX) has gone up by 0.22% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of PHX to AZN?

There are many factors that affect the relationship between Phoenix Blockchain and Azerbaijani Manat, spanning multiple dimensions such as macroeconomic trends, policy regulation, and technological innovation. Specifically, the following key factors play an important role:
Market sentiment:Investor sentiment and confidence have a significant impact on the dynamics of PHX/AZN. When there is positive news in the market about the widespread adoption of PHX or major technological breakthroughs, it tends to trigger market optimism and drive the rise of PHX/AZN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in PHX/AZN.
Regulatory environment:Government policies and regulations surrounding cryptocurrencies have a direct impact on their acceptance, which in turn determines their value relative to traditional currencies such as the US dollar. Clear and supportive regulations can enhance investor confidence in cryptocurrencies and drive their value up. Conversely, vague or overly strict regulatory policies may hinder the development of cryptocurrencies and cause their value to fall.
Economic indicators:Macroeconomic factors in the country where the fiat currency is issued—such as inflation rates, interest rates, and key economic growth indicators—play a crucial role in determining the fiat currency's value and indirectly affect the exchange rate of PHX/AZN. For example, high inflation rates may lead to a decrease in market trust in fiat currencies, thereby increasing investors' demand for cryptocurrencies such as Bitcoin as a hedge, driving up their prices.
Technological progress:The continuous development and innovation of blockchain technology, as well as various improvements in the cryptocurrency ecosystem—such as expansion solutions and security enhancements—have provided strong support for the value growth of cryptocurrencies like Bitcoin.
Investors must understand these dynamics to avoid making wrong decisions. After considering these factors, investors should also closely monitor future changes in the price of Phoenix Blockchain and adjust their investment strategies accordingly in the evolving market.

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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.