Bitget converter provides IBTC to AZN real-time exchange rates, making it easy to convert Indigo Protocol - iBTC (IBTC) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 IBTC is currently valued at 165,766.9 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 IBTC is currently valued at 165,766.9 AZN, which means buying 5 IBTC would cost 828,834.49 AZN. Similarly, ₼1 AZN can be converted to 0.{5}6033 IBTC, and ₼50 AZN can be converted to 0.{4}3016 IBTC, excluding any platform or gas fees.
In the table above, you'll find a comprehensive IBTC to AZN converter that shows the value of Indigo Protocol - iBTC in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 IBTC to AZN, all the way up to 10000 IBTC, providing a clear view of their respective values.
In the table above, you'll find a comprehensive AZN to IBTC converter that shows the value of Azerbaijani Manat in Indigo Protocol - iBTC across commonly used conversion amounts. The list covers conversions from 1 AZN to IBTC, all the way up to 100000 AZN, providing a clear view of their respective values.
In the past 1D, Indigo Protocol - iBTC has changed -1.84% to AZN. Based on the trend and price charts, Indigo Protocol - iBTC(IBTC) has changed -1.84% to AZN while Azerbaijani Manat(AZN) has changed % to IBTC in the last 24 hours.
1D7D1M3M1YAll
IBTC to AZN conversion data: Volatility and price changes of Indigo Protocol - iBTC in AZN
The highest Indigo Protocol - iBTC price in AZN over the past 7 days was 183,329.09 AZN while the lowest Indigo Protocol - iBTC price in AZN over the past 7 days was 161,043.14 AZN. The relative change between the highs and lows in Indigo Protocol - iBTC price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and IBTC to AZN prices for the past 24 hours, 30 days, and 90 days in the table above.
Last 24 hours
Last 7 days
Last 30 days
Last 90 days
High
169,233.16 AZN
183,329.09 AZN
191,910.64 AZN
191,910.64 AZN
Low
161,043.14 AZN
161,043.14 AZN
161,043.14 AZN
105,976.77 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
-1.84%
-7.64%
-2.87%
+9.29%
Indigo Protocol - iBTC information
IBTC to AZN market statistics
IBTC/AZN:
₼165,766.9
IBTC 24h volume:
--
IBTC market cap:
--
IBTC circulating supply:
0 IBTC
Current IBTC to AZN exchange rate
Indigo Protocol - iBTC to Azerbaijani Manat is falling this week.
Indigo Protocol - iBTC's current market price is ₼165,766.9 per IBTC, with a total market cap of ₼0 AZN based on a circulating supply of -- IBTC. The trading volume of Indigo Protocol - iBTC has changed by 0.00% (₼0 AZN) in the last 24 hours. Last trading day, IBTC's trading volume was ₼0.
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 Indigo Protocol - iBTC currency pair is the IBTC to AZN, with for Indigo Protocol - iBTC's currency code being IBTC. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.
The exchange rate of Indigo Protocol - iBTC is decreasing.
The exchange rate of 1 IBTC to Azerbaijani Manat has changed by -7.64% in the last 7 days. In the last 24 hours, the rate has fluctuated by -1.84%, reaching a high of 169,233.16 AZN and a low of 161,043.14 AZN . One month ago, the value of 1 IBTC was ₼170,656.8 AZN , which represents a -2.87% change from its current value. Over the last year, Indigo Protocol - iBTC has changed by
+₼
4,041.1AZN
, resulting in a change of +49.71% in its value.
24 hours ago1 month ago1 year ago
Amount
03:29 am today
24 hours ago
24h change
0.5 IBTC
₼82,883.45
₼84,436.75
-1.84%
1 IBTC
₼165,766.9
₼168,873.49
-1.84%
5 IBTC
₼828,834.49
₼844,367.47
-1.84%
10 IBTC
₼1,657,668.98
₼1,688,734.95
-1.84%
50 IBTC
₼8,288,344.9
₼8,443,674.75
-1.84%
100 IBTC
₼16,576,689.8
₼16,887,349.5
-1.84%
500 IBTC
₼82,883,449
₼84,436,747.5
-1.84%
1000 IBTC
₼165,766,898
₼168,873,495
-1.84%
IBTC to AZN FAQ
How much is 1 Indigo Protocol - iBTC in AZN?
Right now, the price of 1 Indigo Protocol - iBTC (IBTC) in Azerbaijani Manat (AZN) is ₼165,766.9.
How much IBTC can I buy for 1 AZN?
Based on the current exchange rate, you can get 0.{5}6033 IBTC for 1 AZN.
How do I calculate or convert IBTC to AZN?
You can use our IBTC to AZN calculator at the top of this page to convert any amount of IBTC to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 0.{4}3016 IBTC, while 5 IBTC will cost around 828,834.49AZN.
What is the highest price of IBTC/AZN in history?
The all-time high price of 1 IBTC in AZN is ₼225,321.21. It remains to be seen if the value of 1 IBTC/AZN will exceed the current all-time high.
What is the price trend of Indigo Protocol - iBTC in AZN?
Over the past 7 days, the exchange rate of Indigo Protocol - iBTC (IBTC) has gone down by 7.64%.
Over the last month, the exchange rate of Indigo Protocol - iBTC (IBTC) has gone down by 2.87% against Azerbaijani Manat (AZN).
What factors influence the conversion rate of IBTC to AZN?
There are many factors that affect the relationship between Indigo Protocol - iBTC 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 IBTC/AZN. When there is positive news in the market about the widespread adoption of IBTC or major technological breakthroughs, it tends to trigger market optimism and drive the rise of IBTC/AZN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in IBTC/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 IBTC/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 Indigo Protocol - iBTC and adjust their investment strategies accordingly in the evolving market.
Bitget crypto-to-fiat exchange data shows the popular Indigo Protocol - iBTC currency pairs: IBTC to US Dollar (USD), IBTC to Euro (EUR), IBTC to Pound Sterling (GBP), IBTC to Canadian Dollar (CAD), IBTC to Indian Rupee (INR), IBTC to Pakistani Rupee (PKR), IBTC to Brazilian Real (BRL), IBTC to… The price of Indigo Protocol - iBTC in the US is $97,509.94 USD. Additionally, Indigo Protocol - iBTC’s price is €84,794.64 EUR in the eurozone, £72,625.4 GBP in the UK, C$134,173.68 CAD in Canada, ₹8,461,483.55 INR in India, ₨27,750,383.08 PKR in Pakistan, R$540,156.31 BRL in Brazil, and more. The most popular Indigo Protocol - iBTC currency pair is the IBTC to Azerbaijani Manat(AZN). The price of 1 Indigo Protocol - iBTC (IBTC) in Azerbaijani Manat (AZN) is ₼165,766.9.
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.