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BAKE to AZN Converter and calculator

BAKE/AZN: 1 BAKE = 0.2317 AZN. The price of converting 1 BakeryToken (BAKE) to Azerbaijani Manat (AZN) is 0.2317 AZN today.
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BAKE
AZN
Last updated as of 2023/09/01 02:23:05 (UTC+0)Refreshrefresh
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Bitget converter provides BAKE to AZN real-time exchange rates, making it easy to convert BakeryToken (BAKE) to Azerbaijani Manat (AZN). The conversion result is based on real-time data. The conversion result shows that 1 BAKE is currently valued at 0.23 AZN. Since crypto prices can change rapidly, we recommend checking back for the conversion result.
1 BAKE is currently valued at 0.23 AZN, which means buying 5 BAKE would cost 1.16 AZN. Similarly, ₼1 AZN can be converted to 4.32 BAKE, and ₼50 AZN can be converted to 21.58 BAKE, excluding any platform or gas fees.

Convert BAKE to AZN

Convert AZN to BAKE

BakeryToken
Azerbaijani Manat
5000 BAKE
1,158.48  AZN
10000 BAKE
2,316.95  AZN
In the table above, you'll find a comprehensive BAKE to AZN converter that shows the value of BakeryToken in Azerbaijani Manat across commonly used conversion amounts. The list covers conversions from 1 BAKE to AZN, all the way up to 10000 BAKE, providing a clear view of their respective values.
Azerbaijani Manat
BakeryToken
5000 AZN
21,580.06 BAKE
10000 AZN
43,160.13 BAKE
50000 AZN
215,800.64 BAKE
100000 AZN
431,601.28 BAKE
In the table above, you'll find a comprehensive AZN to BAKE converter that shows the value of Azerbaijani Manat in BakeryToken across commonly used conversion amounts. The list covers conversions from 1 AZN to BAKE, all the way up to 100000 AZN, providing a clear view of their respective values.

BAKE to AZN chart

BAKE/AZN: 1 BAKE = 0.2317 AZN; 2025/04/27 03:39:12
In the past 1D, BakeryToken has changed -3.83% to AZN. Based on the trend and price charts, BakeryToken(BAKE) has changed -3.83% to AZN while Azerbaijani Manat(AZN) has changed % to BAKE in the last 24 hours.
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BAKE to AZN conversion data: Volatility and price changes of BakeryToken in AZN

The highest BakeryToken price in AZN over the past 7 days was 0.2426 AZN while the lowest BakeryToken price in AZN over the past 7 days was 0.2056 AZN. The relative change between the highs and lows in BakeryToken price in AZN over the last 7 days indicates a volatility of %. You can view additional volatility data and BAKE 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
0.2397 AZN
0.2426 AZN
0.2426 AZN
0.5539 AZN
Low
0.2295 AZN
0.2056 AZN
0.1633 AZN
0.1633 AZN
Average
0 AZN
0 AZN
0 AZN
0 AZN
Volatility
%
%
%
%
Change
-3.83%
+9.66%
-6.28%
-28.30%

BakeryToken information

BAKE to AZN market statistics

BAKE/AZN:
₼0.2317
BAKE 24h volume:
₼8,803,001.19
BAKE market cap:
₼67,138,476.16
BAKE circulating supply:
289.77M BAKE

Current BAKE to AZN exchange rate

BakeryToken to Azerbaijani Manat is rising this week.
BakeryToken's current market price is ₼0.2317 per BAKE, with a total market cap of ₼67,138,476.16 AZN based on a circulating supply of 289,770,500 BAKE. The trading volume of BakeryToken has changed by -31.69% (₼-4,084,066.35 AZN) in the last 24 hours. Last trading day, BAKE's trading volume was ₼12,887,067.54.

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

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How to convert BAKE to AZN

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BAKE to AZN Conversion tables

The exchange rate of BakeryToken is decreasing.
The exchange rate of 1 BAKE to Azerbaijani Manat has changed by +9.66% in the last 7 days. In the last 24 hours, the rate has fluctuated by -3.83%, reaching a high of 0.2397 AZN and a low of 0.2295 AZN . One month ago, the value of 1 BAKE was ₼0.2472 AZN , which represents a -6.28% change from its current value. Over the last year, BakeryToken has changed by
-
0.1949AZN
, resulting in a change of -45.69% in its value.
24 hours ago1 month ago1 year ago
Amount03:39 am today24 hours ago24h change
0.5 BAKE₼0.1158₼0.1205
-3.83%
1 BAKE₼0.2317₼0.2409
-3.83%
5 BAKE₼1.16₼1.2
-3.83%
10 BAKE₼2.32₼2.41
-3.83%
50 BAKE₼11.58₼12.05
-3.83%
100 BAKE₼23.17₼24.09
-3.83%
500 BAKE₼115.85₼120.46
-3.83%
1000 BAKE₼231.7₼240.92
-3.83%

BAKE to AZN FAQ

How much is 1 BakeryToken in AZN?
Right now, the price of 1 BakeryToken (BAKE) in Azerbaijani Manat (AZN) is ₼0.2317.
How much BAKE can I buy for 1 AZN?
Based on the current exchange rate, you can get 4.32 BAKE for 1 AZN.
How do I calculate or convert BAKE to AZN?
You can use our BAKE to AZN calculator at the top of this page to convert any amount of BAKE to AZN. We've also included quick-reference tables for the most popular conversions. For example, 5 AZN is equivalent to 21.58 BAKE, while 5 BAKE will cost around 1.16AZN.
What is the highest price of BAKE/AZN in history?
The all-time high price of 1 BAKE in AZN is ₼14.42. It remains to be seen if the value of 1 BAKE/AZN will exceed the current all-time high.
What is the price trend of BakeryToken in AZN?
Over the past 7 days, the exchange rate of BakeryToken (BAKE) has gone up by 9.66%.   Over the last month, the exchange rate of BakeryToken (BAKE) has gone down by 6.28% against Azerbaijani Manat (AZN).

What factors influence the conversion rate of BAKE to AZN?

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