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INIT to AZN Converter and calculator

INIT/AZN: 1 INIT = 0.6162 AZN. The price of converting 1 Initia (INIT) to Azerbaijani Manat (AZN) is 0.6162 AZN today.
INIT
INIT
AZN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides INIT to AZN real-time exchange rates, making it easy to convert Initia (INIT) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 INIT is currently valued at 0.6162 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 INIT is currently valued at 0.6162 AZN, which means buying 5 INIT would cost 3.08 AZN. Similarly, ₼1 AZN can be converted to 1.62 INIT, and ₼50 AZN can be converted to 8.11 INIT, excluding any platform or gas fees.

Initia (INIT) has been listed on Bitget spot trading market, you can quickly sell or buy INIT. Trading Link: INIT/USDT.

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Convert INIT to AZN

Convert AZN to INIT

Initia
Azerbaijani Manat
1 INIT
0.6162  AZN
Exchange 1 INIT for 0.6162 AZN
2 INIT
1.23  AZN
Exchange 2 INIT for 1.23 AZN
5 INIT
3.08  AZN
Exchange 5 INIT for 3.08 AZN
10 INIT
6.16  AZN
Exchange 10 INIT for 6.16 AZN
20 INIT
12.32  AZN
Exchange 20 INIT for 12.32 AZN
50 INIT
30.81  AZN
Exchange 50 INIT for 30.81 AZN
100 INIT
61.62  AZN
Exchange 100 INIT for 61.62 AZN
200 INIT
123.24  AZN
Exchange 200 INIT for 123.24 AZN
500 INIT
308.11  AZN
Exchange 500 INIT for 308.11 AZN
1000 INIT
616.22  AZN
Exchange 1000 INIT for 616.22 AZN
5000 INIT
3,081.12  AZN
Exchange 5000 INIT for 3,081.12 AZN
10000 INIT
6,162.24  AZN
Exchange 10000 INIT for 6,162.24 AZN
In the table above, you'll find a comprehensive INIT to AZN converter that shows the value of Initia in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 INIT to AZN, all the way up to 10000 INIT, providing a clear view of their respective values.
Azerbaijani Manat
Initia
1 AZN
1.62 INIT
Exchange 1 AZN for 1.62 INIT
10 AZN
16.23 INIT
Exchange 10 AZN for 16.23 INIT
50 AZN
81.14 INIT
Exchange 50 AZN for 81.14 INIT
100 AZN
162.28 INIT
Exchange 100 AZN for 162.28 INIT
200 AZN
324.56 INIT
Exchange 200 AZN for 324.56 INIT
500 AZN
811.39 INIT
Exchange 500 AZN for 811.39 INIT
1000 AZN
1,622.79 INIT
Exchange 1000 AZN for 1,622.79 INIT
2000 AZN
3,245.57 INIT
Exchange 2000 AZN for 3,245.57 INIT
5000 AZN
8,113.94 INIT
Exchange 5000 AZN for 8,113.94 INIT
10000 AZN
16,227.87 INIT
Exchange 10000 AZN for 16,227.87 INIT
50000 AZN
81,139.36 INIT
Exchange 50000 AZN for 81,139.36 INIT
100000 AZN
162,278.71 INIT
Exchange 100000 AZN for 162,278.71 INIT
In the table above, you'll find a comprehensive AZN to INIT converter that shows the value of Azerbaijani Manat in Initia across commonly used conversion amounts. The list covers conversions from 1 AZN to INIT, all the way up to 100000 AZN, providing a clear view of their respective values.

INIT to AZN chart

INIT/AZN: 1 INIT = 0.6162 AZN; 2025/08/29 00:14:40
In the past 1D, Initia has changed +3.08% to AZN. Based on the trend and price charts, Initia(INIT) has changed +3.08% to AZN while Azerbaijani Manat(AZN) has changed % to INIT in the last 24 hours.
1D7D1M3M1YAll

INIT to AZN conversion data: Volatility and price changes of Initia in AZN

The highest Initia price in AZN over the past 7 days was 0.6921 AZN while the lowest Initia price in AZN over the past 7 days was 0.5568 AZN. The relative change between the highs and lows in Initia price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and INIT 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
0.6141 AZN
0.6921 AZN
0.8528 AZN
1.42 AZN
Low
0.5887 AZN
0.5568 AZN
0.5568 AZN
0.5568 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
+3.08%
-1.61%
-12.76%
-51.68%

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Initia information

INIT to AZN market statistics

INIT/AZN:
₼0.6162
INIT 24h volume:
₼37,668,279.4
INIT market cap:
₼100,822,195.98
INIT circulating supply:
163.61M INIT

Current INIT to AZN exchange rate

Initia to Azerbaijani Manat is falling this week.
Initia's current market price is ₼0.6162 per INIT, with a total market cap of ₼100,822,195.98 AZN based on a circulating supply of 163,612,960 INIT. The trading volume of Initia has changed by -20.48% (₼-9,702,359.52 AZN) in the last 24 hours. Last trading day, INIT's trading volume was ₼47,370,638.92.

More info about Initia 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 Initia currency pair is the INIT to AZN, with for Initia's currency code being INIT. Use our cryptocurrency calculator now to see how much your cryptocurrency can be exchanged for AZN.

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How to convert INIT to AZN

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INIT to AZN Conversion tables

The exchange rate of Initia is decreasing.
The exchange rate of 1 INIT to Azerbaijani Manat has changed by -1.61% in the last 7 days. In the last 24 hours, the rate has fluctuated by +3.08%, reaching a high of 0.6141 AZN and a low of 0.5887 AZN . One month ago, the value of 1 INIT was ₼0.7052 AZN , which represents a -12.76% change from its current value. Over the last year, Initia has changed by
+
0.6084AZN
, resulting in a change of -42.98% in its value.
24 hours ago1 month ago1 year ago
Amount 00:14 am today 24 hours ago 24h change
0.5 INIT
₼0.3081₼0.2990
+3.08%
1 INIT
₼0.6162₼0.5980
+3.08%
5 INIT
₼3.08₼2.99
+3.08%
10 INIT
₼6.16₼5.98
+3.08%
50 INIT
₼30.81₼29.9
+3.08%
100 INIT
₼61.62₼59.8
+3.08%
500 INIT
₼308.11₼299.01
+3.08%
1000 INIT
₼616.22₼598.02
+3.08%

INIT to AZN FAQ

How much is 1 Initia in AZN?
Right now, the price of 1 Initia (INIT) in Azerbaijani Manat (AZN) is ₼0.6162.
How much INIT can I buy for 1 AZN?
Based on the current exchange rate, you can get 1.62 INIT for 1 AZN.
How do I calculate or convert INIT to AZN?
You can use our INIT to AZN calculator at the top of this page to convert any amount of INIT to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 8.11 INIT, while 5 INIT will cost around 3.08AZN.
What is the highest price of INIT/AZN in history?
The all-time high price of 1 INIT in AZN is ₼2.45. It remains to be seen if the value of 1 INIT/AZN will exceed the current all-time high.
What is the price trend of Initia in AZN?
Over the past 7 days, the exchange rate of Initia (INIT) has gone down by 1.61%.   Over the last month, the exchange rate of Initia (INIT) has gone down by 12.76% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of INIT to AZN?

There are many factors that affect the relationship between Initia 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 INIT/AZN. When there is positive news in the market about the widespread adoption of INIT or major technological breakthroughs, it tends to trigger market optimism and drive the rise of INIT/AZN. Conversely, negative news, such as regulatory crackdowns and security vulnerabilities, may trigger market panic and lead to a decline in INIT/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 INIT/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 Initia and adjust their investment strategies accordingly in the evolving market.

Popular exchange rates — Crypto-to-Fiat converter

Bitget crypto-to-fiat exchange data shows the popular Initia currency pairs: INIT to US Dollar (USD), INIT to Euro (EUR), INIT to Pound Sterling (GBP), INIT to Canadian Dollar (CAD), INIT to Indian Rupee (INR), INIT to Pakistani Rupee (PKR), INIT to Brazilian Real (BRL), INIT to…
The price of Initia in the US is $0.3625 USD. Additionally, Initia’s price is €0.3103 EUR in the eurozone, £0.2683 GBP in the UK, C$0.4985 CAD in Canada, ₹31.75 INR in India, ₨102.85 PKR in Pakistan, R$1.96 BRL in Brazil, and more.
The most popular Initia currency pair is the INIT to Azerbaijani Manat(AZN). The price of 1 Initia (INIT) in Azerbaijani Manat (AZN) is ₼0.6162.

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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.