Azerbaijan Manat

Azerbaijan Manat

The manat (code: AZN) is the currency of Azerbaijan. It is subdivided into 100 qəpik. The Azerbaijani manat symbol, ₼ (), was assigned to Unicode U+20BC in 2013. A lowercase m can be used as a substitute for the manat symbol.

British Pound

British Pound

The pound sterling (symbol: £; ISO code: GBP), commonly known as the pound and less commonly referred to as Sterling, is the official currency of the United Kingdom, Jersey, Guernsey, the Isle of Man, South Georgia and the South Sandwich Islands, the British Antarctic Territory, and Tristan da Cunha. It is subdivided into 100 pence (singular: penny, abbreviated: p). A number of nations that do not use sterling also have currencies called the pound. At various times, the pound sterling was commodity money or bank notes backed by silver or gold, but it is currently fiat money, backed only by the economy in the areas where it is accepted. The pound sterling is the world's oldest currency still in use and which has been in continuous use since its inception.Sterling is the fourth most-traded currency in the foreign exchange market, after the United States dollar, the euro, and the Japanese yen. Together with those three currencies and the Chinese yuan it forms the basket of currencies which calculate the value of IMF special drawing rights. Sterling is also the third most-held reserve currency in global reserves (about 4%).The British Crown dependencies of Guernsey, Jersey and the Isle of Man produce their own local issues of sterling (the Guernsey pound, the Jersey pound and the Manx pound) which are considered fully equivalent to UK sterling in their respective regions. The pound sterling is also used in Gibraltar (alongside the Gibraltar pound), the Falkland Islands (alongside the Falkland Islands pound), Saint Helena and Ascension Island in Saint Helena, Ascension and Tristan da Cunha (alongside the Saint Helena pound). The Bank of England is the central bank for the pound sterling, issuing its own coins and banknotes, and regulating issuance of banknotes by private banks in Scotland and Northern Ireland. Banknotes issued by other jurisdictions are not regulated by the Bank of England; local governments use Bank of England notes as backing for local issuance by allowing them to be exchanged 1:1 at face value.

2 Azerbaijan Manat to British Pound exchange rates chart

2 AZN to GBP exchange rates graph
2 AZN to GBP Spot rate – This is known more formally as the ‘interbank’ rate. It is the rate banks or large financial institutions charge each other when trading significant amounts of foreign currency. In the business, this is sometimes referred to as a ‘spot rate’. It is not the tourist rate and you cannot buy currency at this rate, as you are buying relatively small amounts of foreign currency. In everyday life it is the same as the difference between wholesale and retail prices. The rates shown in financial newspapers and in broadcast media are usually the interbank rates.

2 AZN to GBP exchange rates table

Exchange AZN to GBP
2 Azerbaijan Manat = 0.902 British Pound
4 Azerbaijan Manat = 1.804 British Pound
10 Azerbaijan Manat = 4.511 British Pound
20 Azerbaijan Manat = 9.022 British Pound
Exchange Azerbaijan Manat to British Pound
2 Azerbaijan Manat to British Pound Cross rate – This is the rate we give to customers who want to exchange currencies that do not involve the local currency. For example, if you want to exchange Australian dollars into US dollars.

Best AZN/GBP rate at International Bank of Azerbaijan in Baku

2 AZN to GBP exchange rates at International Bank of Azerbaijan in Baku
2 Azerbaijan Manat = 0.903 British Pound
International Bank of Azerbaijan
International Bank of Azerbaijan

The International Bank of Azerbaijan is a National Development Bank providing important support to the stability of Azerbaijan banking system, its confidence domestically and internationally, as well as to socio-economic development of the country. The International Bank of Azerbaijan is a universal bank applying most advanced technologies to provide the wide range of high quality services to the customers. The service center of the International Bank of Azerbaijan, opened under the brand...

Best AZN/GBP rate at Bank of Baku in Baku

2 AZN to GBP exchange rates at Bank of Baku in Baku
2 Azerbaijan Manat = 0.897 British Pound
Bank of Baku
Bank of Baku

Who we are and what we do Since the time of its foundation back in 1994, and nowadays, «Bank of Baku» Open Joint Stock Company keeps to several fundamental principles of its activities. Bank supports retail business, medium and small entrepreneurs, major corporate customers and pursues the aim of improving the quality of services offered to its customers and clients. Retail sector is the main niche of operations of «Bank of Baku». Dynamics of growth of consumer loans in the country serve as a...

Best AZN/GBP rate at PASHA Bank in Baku

2 AZN to GBP exchange rates at PASHA Bank in Baku
2 Azerbaijan Manat = 0.893 British Pound
PASHA Bank
PASHA Bank

PASHA Bank is one of Azerbaijan's leading corporate banks. Established in 2007, we offer all major financial services, including investment banking, trade financing and asset management to a range of clients, from large corporates to small and medium enterprises. The Bank works particularly closely with companies operating in the non-oil sectors of the economy, including agriculture, transportation, construction and retail, which are vital for helping Azerbaijan to diversify its economy....

2 AZN to GBP exchange rates news

Weekly review of Azerbaijani currency market

Official exchange rate of the Azerbaijani manat against the US dollar, set by the Central Bank of Azerbaijan (CBA), remained unchanged last week.

indicative negative
Azer Turk Bank announces new campaign on National Flag Day

Azer Turk Bank congratulates all the citizens with the National Flag Day and announces the start of a new campaign. In frames of the campaign, Azer Turk Bank provides a 3% discount on the annual interest rate on consumer loans in cash for a period over 12 months.

indicative positive
Asia stocks tumble after US rout; Tokyo down 3%

SYDNEY (BLOOMBERG) - Asian stocks tumbled at the open on Tuesday (Nov 13), with Japanese benchmarks sliding more than 3 per cent, following a tech-led slump on Wall Street overnight thanks to a deteriorating outlook for iPhone sales.. Read more at straitstimes.com.

indicative positive
Currency traders betting on a Brexit deal are having a rough time
Currency traders betting on a Brexit deal are having a rough time

A buoyant U.S. dollar, helped by uncertainties in the eurozone, is weighing on the British pound and making this Monday a painful start to the week for traders who believe a Brexit deal, which would likely give sterling a massive boost, could be near.

conditional negative
Great British pound slides in value amid renewed Brexit worries
Great British pound slides in value amid renewed Brexit worries

The Great British pound has slid in value against the US dollar amid renewed worries surrounding the ongoing issue of Brexit.

conditional neutral
British Pound Jumps As Barnier Says Brexit Treaty Text "Almost Ready"

Reporting to EU27 Ministers today after late night talks, Michel Barnier, the EU’s Chief Negotiator says “the parameters of a possible agreement are very largely defined”

conditional neutral

2 AZN to GBP currency converter